WaterBridge Holdings LLC is continuing to build on its extensive portfolio of produced water infrastructure in the Permian Basin. Backed by private equity firm Five Point Energy, the midstream company recently completed a transaction to acquire Colgate Energy LLC assets in the Delaware sub-basin that it snagged in June from Occidental Petroleum Corp. (Oxy). Financial…
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WaterBridge Builds Permian Water Infrastructure with Centennial Purchase
Permian Basin midstream water player Waterbridge Holdings LLC is adding more produced water infrastructure in West Texas by taking over assets of a subsidiary of Centennial Resource Development Inc.
February 25, 2020