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M&A Deal Summary

WaterBridge Acquires Halcón Resources - Water Infrastructure Assets

On December 20, 2018, WaterBridge acquired infrastructure company Halcón Resources - Water Infrastructure Assets for 200M USD

Acquisition Highlights
  • This is WaterBridge’s 2nd transaction in the Infrastructure sector.
  • This is WaterBridge’s 3rd largest (disclosed) transaction.
  • This is WaterBridge’s 3rd transaction in the United States.
  • This is WaterBridge’s 2nd transaction in Texas.

M&A Deal Summary
Date 2018-12-20
Target Halcón Resources - Water Infrastructure Assets
Sector Infrastructure
Buyer(s) WaterBridge
Deal Type Divestiture
Deal Value 200M USD

Target

Halcón Resources - Water Infrastructure Assets

Houston, Texas, United States
Halcón Resources Corp. - Water Infrastructure Assets includes ~60 miles of water gathering pipelines, 75,000 gross acre position, and any additional acreage within a ~ 209,000-acre area of mutual interest ("AMI") in Pecos, Reeves, Ward, and Winkler counties, Texas.

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Buyer(S) 1

Buyer

WaterBridge

Houston, Texas, United States
Category Company
Founded 2015
Sector Infrastructure
Revenue 662M USD (2024)
DESCRIPTION

WaterBridge develops, owns and operates permanent, integrated water infrastructure networks to address the long-term produced water management requirements of its blue-chip customer base under long-term, fee-based contracts. WaterBridge was founded in 2015 and is based in Houston, Texas.

DEAL STATS #
Overall 3 of 5
Sector: Infrastructure M&A 2 of 2
Type: Divestiture M&A Deals 2 of 4
State: Texas M&A 2 of 4
Country: United States M&A 3 of 5
Year: 2018 M&A 2 of 2
Size (of disclosed) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-20 NGL Energy Partners - Water Infrastructure Assets

Delaware, United States

NGL Energy Partners LP - Water Infrastructure Assets includes ~10 miles of pipeline in southern Reeves and Ward counties.

Buy $239M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-03 Concho Resources - Produced Water Assets

Midland, Texas, United States

Concho Resources, Inc. - Produced Water Assets include three disposal wells with 45,000 bpd of permitted capacity and approximately 44 miles of pipeline.

Buy -
Mergr

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