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Delek Logistics Partners Agrees to 12-Year, 50,000-Acre West Texas Crude Oil Gathering Deal
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Delek Logistics Partners Agrees to 12-Year, 50,000-Acre West Texas Crude Oil Gathering Deal
Oct 2, 2024 10:08 PM

08:23 AM EDT, 10/01/2024 (MT Newswires) -- Delek Logistics Partners ( DKL ) said Tuesday it has agreed to a 12-year crude oil gathering deal for 50,000 acres with an unnamed oil and gas producer.

The agreement is supported by Delek Logistics' ( DKL ) Permian Gathering System in West Texas.

The transaction includes a minimum volume commitment. It increases DPG's total acreage dedication to over 350,000 acres, the company said.

Price: 44.65, Change: +0.93, Percent Change: +2.13

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