The Permian Basin land rush is spreading to oil and gas pipelines. Plains All American Pipeline LP said it will expand its crude oil gathering system in America’s hottest shale play through a $1.2 billion purchase from Concho Resources Inc. and Frontier Midstream Solutions LLC. The Alpha Crude Connector System is located in the oil-rich northern portion of the Permian’s Delaware Basin and will serve to expand the volume that the company is able to move from West Texas to Corpus Christi and other delivery points, Plains said Tuesday. The deal is the latest of many in the Permian, the largest and most prolific oil field in the U.S., as its crude-soaked layers of rock have delivered good returns for producers even during the market crash. On Monday, Targa Resources Corp. agreed to buy a set of pipelines in the region from Outrigger […]