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Slide 1

Medallion owns and operates over 810 miles of crude oil pipelines and has a 530,000 barrel storage capacity.

Medallion Gathering & Processing, LLC is the largest privately held crude oil gathering and intra-basin transportation system in the Midland Basin in Texas. The system is newly constructed and consists of over 810 miles of pipeline spanning the most attractive areas of the Midland Basin, and approximately 530,000 barrels of crude oil storage capacity. Medallion was designed to offer a differentiated service enabling customers to access multiple market outlets to maximize the price they receive for their crude oil. This differentiated business model has allowed Medallion to capture a diverse portfolio of highly attractive customers including a number of the largest Midland Basin crude oil producers.

GIP completed the acquisition of 100% of Medallion in Q4, 2017.

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