Deep Blue Midland Basin completed the acquisition of Lagoon Operating - Midland.

Deep Blue Midland Basin, a company developing, owning, and operating integrated midstream water infrastructure, completed the acquisition of Lagoon Operating - Midland, a water management solutions company. Financial terms were not disclosed. “The acquisition of Lagoon brings together complementary water systems that expand our footprint and unlock synergies across the broader business that will enhance efficiency, reliability and growth opportunities. The combined business reinforces Deep Blue’s position as a leading sustainable water solutions provider, capable of navigating the changing needs of our customers in the Midland Basin,” Scott Mitchell, Deep Blue CEO.