April 17, 2017
"Blackstone’s $2 Billion Adds EagleClaw Midstream In Delaware Basin"
Blackstone Energy Partners LP will buy EagleClaw Midstream Ventures LLC for $2 billion cash, the companies said April 17 as the Permian Basin’s infrastructure A&D shows signs of picking up.
EagleClaw, the largest privately held midstream operator in the Delaware Basin in West Texas, operates natural gas pipelines and a gathering system that zigzag across Reeves, Ward and Culberson counties, Texas, for more than 375 miles. The Midland, Texas-based company is backed by EnCap Flatrock Midstream.