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OFS - WaterBridge pays $239MM to close Delaware acquisition - March 2019
WaterBridge Resources closed its acquisition from NGL Energy Partners of several water infrastructure assets near Pecos, Texas, for $238.8 million. The transaction was one of three that WaterBridge announced near YE18 that increased its Delaware Basin assets. The NGL Energy transaction includes nine saltwater disposal facilities with permits for 275,000 bbl/d of disposal capacity and 10 miles of pipeline in Reeves and Ward counties, Texas. WaterBridge assumed all existing commercial agreements and an additional......
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