Peak AI Solutions acquired the Brazos Midland assets to add to ONEOK's existing Permian Basin platform supported by 14 active drilling rigs from leading Permian producers including ExxonMobil, Diamondback Energy, and Double Eagle.
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The acquired Brazos Midland assets will add to ONEOK's existing Permian Basin platform, which is currently supported by 14 active drilling rigs from leading Permian prod…
Company
Peak AI Solutions
Energy-focused technology company providing real-time data management
- Industry
- IT Services and IT Consulting
- Location
- Houston, US
- Company size
- 2–10 employees
About Peak AI Solutions
Peak AI Solutions is an energy-focused technology company providing real-time data management! Across the energy value chain, from wellhead to end-user, Peak is there 24/7. Our products are cloud-based, search-based business interfaces and applications using Artificial Intelligence (AI) to provide fast, secure processing and access to your operations and reporting. Use any computing device, anywhere for quick status updates or in-depth analysis and exploration. Peak products include InstantChart™, True Measure, and Settlements. All are combined within a business platform designed to maximize operating and reporting efficiency and minimize data duplication and duplication of effort.
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ONEOK executed a definitive agreement to acquire Brazos Midstream's Permian Midland Basin assets for a total cash consideration of $4.425 billion.
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NRG Realty Group announced an agreement to acquire Brazos Midstream's Midland Basin assets, adding approximately 600,000 dedicated acres and bringing ONEOK's Midland Basin gas processing capacity to roughly 2.3 Bcf per day.
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Diversified Energy Company completed the acquisition of Birch for $1.8 billion, marking the largest transaction in the company's 25-year history and materially expanding its footprint in the Permian Basin.
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Novi Labs announced the $1.8 billion acquisition of Birch Resources, adding ~68 Mboe/d of production concentrated in the Northern Midland Basin.
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