.
MergerLinks Header Logo

New Deal


Announced

Completed

Brazos Delaware Gas completed the acquisition of Pecos County gas gathering assets from Rattler Midstream for $93m.

Financials

Edit Data
Transaction Value£67m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

Edit

Tags

Edit

Gas gathering

United States

Integrated Oil and Gas

Acquisition

Private

Completed

Majority

Single Bidder

Domestic

Friendly

Synopsis

Edit

Brazos Delaware Gas, a private natural gas and crude oil midstream company, completed the acquisition of Pecos County gas gathering assets from Rattler Midstream, a company owns, operates, develops, and acquires midstream infrastructure assets, for $93m. Brazos has operated the Pecos Gas Gathering System, located in the Southern Delaware Basin, on behalf of Diamondback and Rattler since 2017. The system will add an additional 150 miles of natural gas gathering pipeline and four associated compressor stations, complementing the Company’s existing high pressure natural gas gathering system and cryogenic processing complex located in Reeves County, Texas.

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US