Brazos Delaware Acquired by Western Midstream | Energy M&A Deal

Western Midstream has acquired Brazos Delaware, a midstream business in Texas, for $1.6 billion. Western Midstream acquisitions expand Delaware Basin midstream infrastructure by adding Brazos Delaware’s natural gas and produced-water handling assets in the Texas market. The Brazos Delaware acquisition supports Western Midstream’s platform acquisition strategy for gathering, processing, and transportation services tied to regional upstream production. Announced as an energy M&A public company acquisition, the midstream acquisition is sized at $1.6 billion and includes $800 million in referenced consideration.