“Concho is a top-tier operator and a leader in the Permian Basin. Five Point Energy-backed WaterBridge has acquired about 44 miles of saltwater pipeline and three disposal wells from Permian Basin driller Concho Resources. The deal is expected to close in the second half of this year, according to a person familiar with the matter. It follows similar agreements made last year with Halcon Resources and NGL Energy Partners.
Five Point Energy-backed WaterBridge has acquired about 44 miles of saltwater pipeline and three disposal wells from Permian Basin driller Concho Resources. The deal is expected to close in the second half of this year, according to a person familiar with the matter. It follows similar agreements made last year with Halcon Resources and NGL Energy Partners.