Press Release

Kirkland Advises Brazos Midstream on Significant Acquisitions in Delaware Basin and in Northern Midland Basin

Kirkland & Ellis counseled Brazos Midstream on two significant acquisitions, the first from Rattler Midstream in the Delaware Basin and the second from Diamondback Energy in the Northern Midland Basin.  

Brazos Delaware, LLC, one of the largest privately-held gathering and processing companies in the Permian Basin, acquired the Pecos Gas Gathering System from Rattler Midstream. The system includes 140 miles of natural gas gathering pipeline and four associated compressor stations, complementing Brazos’ existing high pressure natural gas gathering system and cryogenic processing complex located in Reeves County, Texas.

Additionally, newly-formed Brazos Midland, LLC acquired Diamondback Energy’s Mustang Springs Gas Gathering System, which is located in the Northern Midland Basin and currently serves Diamondback in central Martin County, Texas.

Read Brazos Midstream’s press release

The Kirkland team was led by corporate partners Kevin Crews, Courtney Jamison Roane and Danny Nappier and associates Jack Dougherty and Brock Baker; antitrust partner Carla Hine; energy regulatory partner Marcia Hook; environmental transaction partners Jonathan Kidwell and James Dolphin and associate Caleb Anderson; labor & employment partner Richard Kidd and associates Kayla Davis and Jaclyn Schruhl; employee benefits of counsel Patrick Ryan; and tax partners David Wheat and Joe Tobias.