One-Page Deal Sheet
Bison Acquires STACK Water Assets from Tapstone
Bison Oilfield Services LLC Tapstone Energy Llc
Announced Date
October 03,2019
Transaction Type
Asset
Location
Region
Mid-Continent - Anadarko Basin
Country
United States
State
Oklahoma
County
Blaine ,Dewey ,Major ,Woodward
Play
Transaction Details: Require Private Equity Subscription
Bison announced its acquisition of Tapstone Energy's water infrastructure in the Northwest STACK region of the Anadarko Basin.
Transaction terms were not disclosed.
Simultaneously, the parties entered into a 15-year water gathering and disposal agreement and a first-of-its-kind 15-year dispatch services agreement. Under the agreements, Bison will exclusively manage all of Tapstone's produced water infrastructure and water hauling logistics, including any future acreage acquired or operated by Tapstone, within a ~2.6 million-acre dedicated area across Blaine, Dewey, Major and Woodward counties.
Mid-Continent - Anadarko Basin Deal Activity In Last 12 Months
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Jan-28-2021 |
-  |
- |
Click here | Oklahoma | Midstream |
| Aug-24-2020 |
- |
- |
Click here | Oklahoma | Midstream |
| Dec-19-2019 |
- |
- |
Click here | Oklahoma | Midstream |
| Aug-01-2019 |
- |
- |
Click here | Oklahoma | Midstream |
| May-21-2019 |
- |
- |
Click here | Oklahoma | Midstream |