Western Midstream Partners Acquires Brazos Delaware II

Western Midstream Partners, LP entered into a definitive agreement to acquire Brazos Delaware II, LLC for approximately $1.6 billion. The deal is a 50% cash / 50% common units transaction, with closing expected in late Q2 2026, and is designed to expand Western Midstream’s Delaware Basin gathering and processing footprint. Western Midstream later announced the acquisition closed on June 11, 2026.