Whiptail Midstream Acquires Djr Energy’S Oil, Gas, And Water Gathering Systems In The San Juan Basin Oil Window Alongside Long-Term Acreage Dedication
Whiptail Midstream Acquires Djr Energy’S Oil, Gas, And Water Gathering Systems In The San Juan Basin Oil Window Alongside Long-Term Acreage Dedication
03/21/22, 12:01 PM
Industry
natural resources
Whiptail Midstream announced today that the company has acquired the oil, gas, and water gathering assets of DJR Energy in the Gallup oil window of the San Juan Basin. As part of the transaction, DJR has agreed to a long-term dedication of its leasehold acreage for oil, natural gas, and water production to Whiptail. The acquisition more than doubles Whiptail’s dedicated acreage, miles of pipeline and production flowing on its assets. The company now has more than 475,000 dedicated acres and nearly 525 miles of pipeline in the San Juan Basin.
Company Info
Company info
Based in Tulsa, Oklahoma and with midstream operations in the San Juan Basin in Northwest New Mexico, Whiptail Midstream is an energetic and innovative company with extensive experience throughout the midstream value chain. Whiptail was founded in 2016 by management and I Squared Capital. For more information, please visit www.whiptailmidstream.com.