Western Midstream Partners Completes Acquisition of Aris Water Solutions
Western Midstream Partners, LP has completed its acquisition of Aris Water Solutions, Inc., strengthening its position as a leading provider of three-stream midstream and flow-assurance services in the Delaware Basin. The transaction combines the capabilities of both companies to enhance water solutions, including produced-water gathering, recycling, transportation, disposal, and beneficial reuse for customers in Texas and New Mexico. As part of the deal, Aris securityholders will receive approximately 28% of the total consideration in cash, amounting to $415 million, and 72% in Western Midstream equity, totaling around 26.6 million Common Units.
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