Devon Energy Forms Delaware Basin Midstream Partnership With QL Capital

Transaction Type

Sellers

Devon Energy Corp.

Buyers

QL Capital Partners LP

Basin

Permian Basin; Delaware Basin

Announce Date

Tue, 11/05/2019 - 12:00 PM

Post Date

Nov 5, 2019

Close Date

Tue, 11/05/2019 - 12:00 PM

Estimated Price

100MM

Description

Formed a midstream JV to fund the build out of the Cotton Draw gathering system and compression assets within the Delaware Basin in NM.