Concho Resources Forms Permian Midstream JV To Support Midland Basin Growth
Transaction Type
Sellers
Buyers
Basin
Permian Basin/Midland Basin
Announce Date
Post Date
Close Date
Estimated Price
MM
Description
Formed 50/50 JV to build Beta Crude Connector LLC, a new gathering and transportation system in the Midland Basin with initial capacity of 150,000 bbl/d of crude oil; Frontier will serve as operator.