Wednesday, December 26, 2018
Permian Basin
A recently sold saltwater disposal company is building a new facility with three injection wells in one of the busiest areas of the Permian Basin. Western Gas Partners of The Woodlands entered into a $4 billion deal on Nov. 8 to buy Anadarko’s midstream holdings, which included saltwater disposal subsidiary APC Water Holdings. The deal is expected to close during the first quarter of 2019, but less than three weeks after the announcement, APC is moving forward with plans to build a saltwater disposal facility with three injection wells in Reeves County.