June 4, 2025 archive

ONEOK announces $940 million pipeline acquisition in Delaware Basin

    It cost $940 million, but ONEOK, Inc. is now the sole owner of a Delaware Basin pipeline system. The Tulsa company announced this week its acquisition of the remaining 49.9% interest in the gas and processing asset known as Delaware G&P LLC. The acquisition was from NGP XI Midstream Holdings, LLC and the …

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