One-Page Deal Sheet
Rattler Midstream Acquires Permian Water Assets in $160MM Drop-Down Deal
Rattler Midstream LP Diamondback Energy, Inc.
Announced Date
October 21,2021
Transaction Type
Asset
Transaction Details: Subscribe to see
Rattler Midstream LP, a subsidiary of Diamondback Energy Inc., has agreed to acquire certain water midstream assets from subsidiaries of Diamondback for $160 million in cash in a drop down transaction.
The assets subject to the drop down consist primarily of produced water gathering and disposal systems, produced water recycling facilities, and sourced water gathering and storage assets acquired by Diamondback through transactions with QEP Resources, Inc. and Guidon Operating LLC and certain of its affiliates in early 2021. Additionally, Rattler and Diamondback have mutually agreed to amend…
Permian Deal Activity In Last 12 Months
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| May-25-2022 |
-  |
- |
Click here | Texas | Midstream |
| May-16-2022 |
- |
- |
Click here | Texas | Midstream |
| Feb-04-2022 |
- |
- |
Click here | Texas | Midstream |
| Oct-26-2021 |
- |
- |
Click here | North Dakota | Midstream |
| Mar-05-2021 |
- |
- |
Click here | Midstream |