Lucid Energy, Marathon sign gas processing deal

Lucid Energy Group, Dallas, has executed a long-term natural gas gathering and processing agreement with Marathon Oil Permian LLC, a subsidiary of Marathon Oil Co., under which it has agreed to provide midstream services to Marathon under a long-term acreage dedication for all of Marathon’s operated acreage in Lea County, NM, as well as a portion of Marathon’s operated acreage in Eddy County, NM.


Source: News