Kinetik Holdings acquires assets in Texas

Kinetik to buy Texas midstream gathering systems from Permian Resources in $180M deal
Kinetik Holdings (NYSE:KNTK) said Tuesday it agreed to acquire natural gas and crude oil gathering systems primarily located in Reeves County in Texas' Delaware Basin from Permian Resources (NYSE:PR) for $180M in cash.
Kinetik to acquire gas, crude gathering systems in Texas Delaware basin
The assets include more than 250 million cubic feet per day (mcf/d) of electric compression and a private electric distribution system.
Kinetik Holdings acquires assets in Texas from Permian Resources for $180M
Kinetik Holdings (KNTK) has entered into a definitive agreement with Permian Resources (PR) whereby Kinetik will acquire Permian Resources’
Permian Resources to Sell Assets to Kinetik in $180M Cash Deal
Permian Resources agreed to sell its natural gas and oil gathering systems to Kinetik Holdings in a cash deal valued at $180 million. The oil and natural gas company said the divested systems located in Reeves County,
Kinetik Announces Bolt-On Acquisition of Gas and Crude Gathering Systems in Texas Delaware Basin from Permian Resources
Approximately 60,000 gross operated acres dedicated by Permian Resources under long-term, fixed-fee agreements for natural gas gathering, compression and processing and crude oil gathering services More than 250 Mmcf/d of primarily owned electric compression with corresponding ownership of a private electric distribution system More than 150 Mmcf/d of gas gathered volumes and 25 Mb/d of crude gathered volumes in 2025 The Transaction is highly competitive with Kinetik’s high-quality,
Exxon pouring $140 billion into the Permian Basin after rise in third quarter production
Exxon Mobil Corp. has announced plans to spend $140 billion in the Permian Basin region as part of a plan by the oil and gas ...
West Texas representatives discuss upcoming Texas legislative session
State representatives Tom Craddick and Brooks Landgraf will be focusing on topics like healthcare and infrastructure, as well ...
More than 3,000 gifts distributed to over 380 foster children, families in the Permian Basin
This Christmas, community members in the Permian Basin came together to bring the gift of hope, joy, and actual presents to ...
New Era Helium and Sharon AI Expand and Accelerate Plans for a Net-Zero Energy Data Center in the Permian Basin
New Era Helium, Inc. (Nasdaq:NEHC) ("NEH," "New Era Helium" or the "Company"), an exploration and production (E&P) company ...
Chevron retrofits Pasadena refinery to utilize oil from Permian Basin
This is the first major expansion the Pasadena refinery has had since Chevron acquired it from Brazil’s state-run oil company ...
dailyenergyinsider1d
Energy Transfer gets final investment decision to build $2.7B pipeline in Texas
Energy Transfer reached a positive final investment decision (FID) in its effort to build an intrastate natural gas pipeline ...
KCEN TV1d
Here's where a Dallas company's 400-mile natural gas pipeline will go across Texas
The pipeline will be constructed in two phases. The first will stretch nearly 400 miles extending from Waha, near Odessa, to ...
Odessa-Midland KOSA-TV on MSN6h
Spread holiday cheer in West Texas
It’s the holiday season and foster children and foster families are being provided for. Toy drives abound, holiday themed ...
Inside Climate News4d
Oil and Gas Waste ‘Oiled’ the Feathers of White Pelicans in Texas’ Permian Basin
State regulators are investigating the incident after the stained birds were sighted on Lake Balmorhea. Advocates call for ...