DCP Midstream Expands Permian Basin Footprint with $160 Million Bolt-on Acquisition
Transaction Type
Buyers
Basin
Permian Basin; Central Basin Platform
Announce Date
Post Date
Estimated Price
160MM
Description
To acquire the James Lake System, located within three miles of DCP’s Goldsmith processing facility in Ector County, TX, within the Permian Basin; includes about 230 miles of gathering pipe and a 120 MMcf/d cryogenic processing facility. (Expected to close 3Q 2022)