Diamondback’s Rattler Midstream Acquires $104 Million Stake in Midland Basin JV
Transaction Type
Sellers
Basin
Permian Basin; Midland Basin
Announce Date
Post Date
Close Date
Estimated Price
104MM
Description
Purchased a majority interest in a Midland Basin gas gathering and processing company through a JV; assets primarily consist of an interconnected gas gathering system and six major gas processing plants servicing the Midland Basin with 925 MMcf/d of total processing capacity.