Enterprise Products Partners completed the acquisition of the natural gas gathering affiliate from Occidental for $580m.

Enterprise Products Partners, a midstream natural gas and crude oil pipeline company, completed the acquisition of the natural gas gathering affiliate from Occidental, a company engaged in hydrocarbon exploration, for $580m. “These agreements with Occidental are consistent with Enterprise’s focus on expanding our Midland Basin franchise through organic investments in our midstream network and through targeted acquisitions that bolt-on to our existing infrastructure,” A.J. “Jim” Teague, Enterprise Co-CEOofficer of general partner.