Archrock Acquires Rival Elite Compression In $410 Million Transaction
Transaction Type
Buyers
Basin
Eagle Ford Shale/South Texas; Permian Basin; Scoop/Stack; Marcellus/Utica
Announce Date
Post Date
Estimated Price
$410.0MM
Description
To acquire substantially all of Victoria, TX-based Elite Compression Services asset; includes about 430,000 hp located primarily in the Eagle Ford Shale and S TX region as well as in the Permian Basin, Scoop/Stack and Marcellus/Utica. (Expected to close 3Q 2019)