Brazos Midstream provides innovative gathering systems, reliable liquids handling and highly efficient compressor stations to ensure a safe, cost-effective and profitable midstream experience for our customers.
Whether operating in a conventional basin or developing play, we commit to a professional, respectful experience for our customers, our environment and our community
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The deal includes debt financing of $950 million, consisting of a $900 million term loan and a $50 million revolving credit facilities. Brazos Midstream will maintain its name and operate as a subsidiary of North Haven.
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Brazos Midstream has closed on a deal with Callon Petroleum that includes the acquisition of Callon's natural gas gathering assets in the Southern Delaware Basin. The acquisition also concludes a long-term, fee-based agreement between Callon and Brazos Midstream that covers gas gathering and processing for acreage in Ward and Pecos Counties, Texas.