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ONEOK Acquires Brazos Midstream's Permian Midland Basin Assets for $4.425 Billion

Deals·2 articles across 2 outlets·◆ Primary source

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ONEOK has announced its acquisition of Brazos Midstream's assets in the Permian Midland Basin for $4.425 billion. This strategic move is aimed at enhancing ONEOK's position in the energy sector.

The acquisition reflects ONEOK's commitment to expanding its operations in the Permian Basin, a key area for oil and gas production. The deal is expected to bolster the company's portfolio and drive future growth.

ONEOKBrazos Midstream

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