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Delaware Basin JV Acquisition by ONEOK

Sector: Natural Gas • Location: Texas and New Mexico, United States

Source: Energy News

Project
Completed

ONEOK acquired the remaining 49.9% stake in Delaware G&P LLC (Delaware Basin JV) for $940 million, consolidating its natural gas gathering and processing assets in the Permian Basin. The acquisition strengthens ONEOK's position in the Permian Basin, integrating natural gas gathering and processing infrastructure with a processing capacity exceeding 700 million cubic feet per day in West Texas and

Status
Closed
Sector
Natural Gas
Location
Texas and New Mexico, United States of America
Updated
22 Jul 2026
Source
Energy News

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The project “Delaware Basin JV Acquisition by ONEOK” is an infrastructure initiative in the Natural Gas sector, located in Texas and New Mexico, United States. Taiyo aggregates data on it from Energy News.

Participants

Not available for this record.

Status

Original status

completed

Taiyo status

Closed

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

ONEOK acquired the remaining 49.9% stake in Delaware G&P LLC (Delaware Basin JV) for $940 million, consolidating its natural gas gathering and processing assets in the Permian Basin. The acquisition strengthens ONEOK's position in the Permian Basin, integrating natural gas gathering and processing infrastructure with a processing capacity exceeding 700 million cubic feet per day in West Texas and southeastern New Mexico.

Original sector

Energy

Budget

Location

Country

United States of America (USA)

State

Texas and New Mexico

Source

Source

Energy News

URL

More Details

Record type

Project

Sector

Natural Gas

Article published date

2025-06-07

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