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OFS - NGL Energy makes another deal to boost Delaware water system - October 2019

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NGL Energy Partners will add to its water disposal system in the Delaware basin by agreeing to acquire Hillstone Environmental Partners, LLC from Golden Gate Capital for about $600 million. The transaction comes three months after NGL closed its $892.5 million buy of Mesquite Disposals Unlimited and brings the system’s disposal capacity to about 2.7 MMbbl/d. Hillstone has a fully interconnected produced water pipeline transportation and disposal system in southern Eddy and Lea counties,......
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