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One-Page Deal Sheet

Brazos Midstream Acquires Permian Gas Gathering System From Callon

Brazos Midstream Holdings Llc Callon Petroleum Co.
AnnouncedOct 10, 2017
TypeAsset
LocationDelaware Basin
Announced Date
October 10,2017
Transaction Type
Asset




Snapshot
Location
Region
Permian - Delaware Basin

Country
United States

State
Texas

County
Pecos ,Ward

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Transaction Details:  Require Private Equity Subscription

Brazos Midstream has purchased a delaware basin natural gas gathering system located in Pecos and Ward counties from Callon Petroleum.

Transaction terms were not disclosed.

As part of the acquisition, Brazos signed a long-term, fee-based agreement with Callon for gas gathering and processing services for acreage under development in Ward and Pecos counties in the Delaware Basin.

About the System:

The acquired natural gas gathering system will connect to Brazos' existing system and the previously announced Comanche II natural gas processing plant.

In service date: Q1 2018 Processing…

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