Plains All American completed the acquisition of a 43% stake in OMOG JV pipeline from Diamondback Energy-backed Rattler Midstream Operating for $225m.

Plains All American completed the acquisition of a 43% stake in OMOG JV pipeline from Diamondback Energy-backed Rattler Midstream Operating for $225m. “This deal further aligns us with Diamondback. They want to drill wells and feel very comfortable with us as operators. It made sense for us to acquire this position,” Willie Chiang, Plains All American Chairman and CEO.