Kinetik Announces Bolt-On Acquisition of Gas and Crude Gathering Systems in Texas Delaware Basin from Permian Resources
Approximately 60,000 gross operated acres dedicated by Permian Resources under long-term, fixed-fee agreements for natural gas gathering, compression and processing and crude oil gathering services More than 250 Mmcf/d of primarily owned electric compression with corresponding ownership of a private electric distribution system More than 150 Mmcf/d of gas gathered volumes and 25 Mb/d of crude gathered volumes in 2025 The Transaction is highly competitive with Kinetik’s high-quality,