Diamondback Energy Divests Permian Water Assets in $160 Million Dropdown
Transaction Type
Sellers
Buyers
Basin
Permian Basin
Announce Date
Post Date
Close Date
Estimated Price
$160.0MM
Description
Purchased certain water midstream assets in the Permian Basin through a dropdown, consisting primarily of produced water gathering and disposal systems, produced water recycling facilities and sourced water gathering and storage assets.