Midstream JV Gives WPX Outlet For Delaware Basin Growth
Transaction Type
Sellers
Buyers
Basin
Permian Basin; Delaware Basin
Announce Date
Post Date
Close Date
Estimated Price
863MM
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.