WaterBridge Infrastructure LLC has announced it will move forward with the first phase of its Speedway Pipeline project, a major new transportation pipeline set to span the northern Delaware Basin. The pipeline will connect Eddy and Lea counties in New Mexico to out-of-basin pore space in the Central Basin Platform, owned by LandBridge Company LLC. Construction is expected to begin in the fourth quarter of 2025, pending successful commercial negotiations, with completion and service targeted for mid-2026. The initial phase will provide access to about 1 million barrels per day of produced water handling capacity, with an initial throughput capacity of 500,000 barrels per day. WaterBridge anticipates development costs of approximately $290 million for this phase and notes that the pipeline can be expanded to handle up to 2 million barrels per day, depending on future customer demand.