Midstream JV Gives WPX Outlet For Delaware Basin Growth

Transaction Type
Sellers
Basin
Permian Basin; Delaware Basin
Announce Date
Post Date
Close Date
Estimated Price
$863.0MM
Description

Formed JV to develop oil gathering and natural gas gathering processing infrastructure in the Stateline area of the Permian's Delaware Basin in Lea and Eddy counties, NM, and Reeves and Loving counties, TX; WPX will retain 50% ownership.