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West Texas Gas

Company Summary

Recent news

  • 8/16/2022 - Partners on the Whistler... (subscriber access)
  • 1/27/2022 - Whistler Pipeline Adding... (subscriber access)
  • 10/13/2021 - Rattler Midstream and... (subscriber access)
  • 8/2/2021 - Whistler Pipeline... (subscriber access)
  • 5/4/2021 - MPLX Joint Venture... (subscriber access)

Company Transactions

Date: 10/13/2021
Type: Acquisition

SELLERS:
  • West Texas Gas
  • DETAILS:

    VOLUMES: 925 Mmcf/d

    NOTES:
    Diamondback Energy's subsidiary, Rattler Midstream, has signed on to a joint venture with a private affiliate of an investment fund. The joint partners acquired a Midland Basin gas gathering and processing asset from West Texas Gas, with Rattler investing $104 million in cash for a minority stake in the JV. The acquired assets include a gas gathering system and six major gas processing plants in the Midland Basin with 925 Mmcf/d in total processing capacity and future expansions planned.
    REGIONS:
  • Midland Basin