Enterprise Products Partners Completes Acquisition of Occidental's Natural Gas Gathering Assets in the Permian Basin for $580 Million

Reuters

08/23

Enterprise Products Partners Completes Acquisition of Occidental's <a href="https://laohu8.com/S/NGS">Natural Gas</a> Gathering Assets in the Permian Basin for $580 Million

Enterprise Products Partners L.P. has announced the completion of its acquisition of a natural gas gathering affiliate from Occidental. The deal, valued at $580 million in cash, involves the acquisition of natural gas gathering systems and approximately 200 miles of pipelines in the Midland Basin, bolstering Enterprise's presence in the area. This transaction enhances Enterprise's capabilities in natural gas gathering and supports Occidental's production operations in the region. Legal advisory support for the transaction was provided by Troutman Pepper Locke and Sidley Austin LLP for Enterprise, while Skadden, Arps, Slate, Meagher & Flom LLP and White & Case LLP advised Occidental.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Enterprise Products Partners LP published the original content used to generate this news brief via Business Wire (Ref. ID: 20250822045370) on August 22, 2025, and is solely responsible for the information contained therein.

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The deal, valued at $580 million in cash, involves the acquisition of natural gas gathering systems and approximately 200 miles of pipelines in the Midland Basin, bolstering Enterprise's presence in the area. This transaction enhances Enterprise's capabilities in natural gas gathering and supports Occidental's production operations in the region. Legal advisory support for the transaction was provided by Troutman Pepper Locke and Sidley Austin LLP for Enterprise, while Skadden, Arps, Slate, Meagher &amp; Flom LLP and White &amp; Case LLP advised Occidental.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Enterprise Products Partners LP published the original content used to generate this news brief via Business Wire (Ref. 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The deal, valued at $580 million in cash, involves the acquisition of natural gas gathering systems and approximately 200 miles of pipelines in the Midland Basin, bolstering Enterprise's presence in the area. This transaction enhances Enterprise's capabilities in natural gas gathering and supports Occidental's production operations in the region. Legal advisory support for the transaction was provided by Troutman Pepper Locke and Sidley Austin LLP for Enterprise, while Skadden, Arps, Slate, Meagher &amp; Flom LLP and White &amp; Case LLP advised Occidental.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Enterprise Products Partners LP published the original content used to generate this news brief via Business Wire (Ref. ID: 20250822045370) on August 22, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"OXY","symbol_name":"西方石油","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250822:nNDL4kkvBv:1","article_id":"2561400520","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2561400520","pubTimestamp":1755893117,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Enterprise Products Partners Completes Acquisition of Occidental's Natural Gas Gathering Assets in the Permian Basin for $580 Million. 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The deal, valued at $580 million in cash, involves the acquisition of natural gas gathering systems and approximately 200 miles of pipelines in the Midland Basin, bolstering Enterprise's presence in the area. This transaction enhances Enterprise's capabilities in natural gas gathering and supports Occidental's production operations in the region. Legal advisory support for the transaction was provided by Troutman Pepper Locke and Sidley Austin LLP for Enterprise, while Skadden, Arps, Slate, Meagher & Flom LLP and White & Case LLP advised Occidental.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Enterprise Products Partners LP published the original content used to generate this news brief via Business Wire (Ref. ID: 20250822045370) on August 22, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}