February 24, 2026–Written by Will Ploch, Assistant Editor-in-Chief for IIR News Intelligence (Sugar Land, Texas)–Targa Resources is preparing to expand its natural gas processing and gathering assets, following a banner year. The company saw its volumes in the Permian Basin average a record 6.65 billion cubic feet per day in 2025, up 10% from the previous year.
Industrial Info is tracking more than $7.5 billion worth of active and proposed projects from Targa, more than half of which is attributed to projects that Industrial Info believes to have a high probability (81% or more) of beginning construction as scheduled.
