Enable Midstream Partners LP (NYSE: ENBL) agreed on Oct. 23 to acquire Velocity Midstream, a private crude oil and condensate gathering and transportation company in the Anadarko Basin’s Scoop and Merge plays, as Enable pivots toward liquids.

Oklahoma City-based Enable will acquire Velocity Holdings LLC, based in Tulsa, Okla., for $442 million. The company said it doesn’t expect to raise common equity to finance the acquisition.

Concurrently with the acquisition, Enable also announced on Oct. 23 a crude oil and water acreage dedication in the Williston Basin driven by “significant” activity in the Bakken play.

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