The Permian Strategic Partnership (PSP) proudly welcomes Energy Transfer and Phillips 66 as its newest members, expanding to 31 members. In the five years since its founding, the PSP has nearly doubled in size and exponentially expanded its impact in Southeast New Mexico and West Texas. Through collaborative efforts with federal, state, and local leaders, PSP remains dedicated to crafting and executing strategic plans to bolster essential facets of community life, from fostering excellence in education and healthcare to cultivating a skilled workforce and enhancing infrastructure and road safety.
“These organizations are respected leaders within our industry with a long history in the Permian Basin,” said Tracee Bentley, the President and CEO of Permian Strategic Partnership. “We are committed in our mission to enhancing the lives of residents across the region, and we are thrilled to have the Energy Transfer and Phillips 66 teams join us in our work. The initiatives spearheaded by the PSP and our members have an immediate positive effect and promise enduring benefits for future generations.”
“We are very pleased to be part of the Permian Strategic Partnership alongside so many of our counterparts in the industry,” Vicki Granado, Energy Transfer Vice President, Corporate Communications said. “It is important to our employees there that Energy Transfer is not only regarded as a valued business partner in the community, but also as a company that gives its time and resources to help build strong communities. We look forward to working with PSP on its important initiatives to achieve this.”
“The Permian Basin region is a strategic growth area for Phillips 66 and we have nearly 400 employees who call this area home,” said Bill Johnson, vice president of Midstream Operations for Phillips 66, who will represent Phillips 66 on the Permian Strategic Partnerships’ (PSP) board of directors. “Partnering with the PSP demonstrates our company’s commitment to supporting the communities where our employees live and work. We look forward to helping PSP fulfill their mission of improving the quality of life for Permian residents.”
Since 2019, the PSP has remained dedicated to the Permian Basin. They have committed nearly $160 million in member company contributions through public-private partnerships, leveraging more than $1.5 billion in transformative investments. These efforts have profoundly impacted the region’s public schools, healthcare systems, road safety and infrastructure and workforce development opportunities.
About Energy Transfer
Energy Transfer, a Texas-based company with a global reach, owns and operates one of the largest and most diversified portfolios of energy assets in the United States, with more than 125,000 miles of pipeline and associated energy infrastructure. Energy Transfer’s strategic network spans 44 states with assets in all of the major U.S. production basins. For more information, visit the Energy Transfer LP website at energytransfer.com.
About Phillips 66
Phillips 66 (NYSE: PSX) is a leading diversified and integrated downstream energy provider that manufactures, transports and markets products that drive the global economy. The company’s portfolio includes Midstream, Chemicals, Refining, and Marketing and Specialties businesses. Headquartered in Houston, Phillips 66 has employees around the globe who are committed to safely and reliably providing energy and improving lives while pursuing a lower-carbon future. For more information, visit phillips66.com or follow @Phillips66Co on LinkedIn.
About the Permian Strategic Partnership:
The Permian Strategic Partnership (PSP) is a coalition of 31 leading Permian Basin energy companies and higher education institutions who have joined together to work in partnership with leaders across the region’s communities to address current and future challenges to the responsible development of the vast oil and natural gas resources of the Permian Basin in the states of New Mexico and Texas. The PSP members are Apache Corporation, BPX Energy, ChampionX, Chevron, Civitas Resources, ConocoPhillips, Coterra Energy, Devon Energy, Diamondback Energy, Endeavor Energy Resources, Energy Transfer, EOG Resources, ExxonMobil, Halliburton, Helmerich & Payne, Kinetik, Liberty Energy, Mewbourne Oil Company, Occidental, Ovintiv, Permian Resources, Phillips 66, Pioneer Natural Resources, Plains All American, ProPetro, SLB, Targa Resources, The Texas Tech University System, The University of Texas System, WaterBridge Resources, and Western Midstream. For more information, visit www.permianpartnership.org
