Core Viewpoint - Harvest Midstream has signed a purchase and sale agreement with MPLX LP to acquire a natural gas gathering and processing network for $1 billion, marking a significant step in its growth strategy [1][2]. Company Overview - Harvest Midstream is a Houston-based privately held midstream service provider focused on gathering, storage, transportation, treatment, and terminalling of crude oil and natural gas [3]. - The company has been expanding its national footprint through strategic acquisitions, enhancing its position as a critical infrastructure partner across multiple U.S. basins [3]. Acquisition Details - The acquisition includes assets in the Uinta and Green River basins across Wyoming, Utah, and Colorado, which will significantly expand Harvest's geographic reach [1][2]. - Uinta Basin assets consist of approximately 700 miles of gas gathering pipelines and 345 million cubic feet per day of active gas processing capacity [2]. - Green River Basin assets include around 800 miles of gas gathering and transportation pipelines and 500 million cubic feet per day of active gas processing capacity, along with 10,000 barrels per day of fractionator capacity [2]. Strategic Vision - The CEO of Harvest Midstream emphasized that this acquisition is part of a long-term vision to build a resilient midstream network to support America's energy needs [2]. - Following the acquisition, Harvest will assume full operational control and aims to deliver uninterrupted service while advancing its goal of creating a best-in-class, diversified midstream enterprise [3].

Acquisition Announcement - ONEOK, Inc. announced the acquisition of the remaining 49.9% interest in Delaware G&P LLC for $940 million, which includes $530 million in cash and $410 million in common stock [1][2] Delaware Basin JV Overview - Delaware Basin JV owns natural gas gathering and processing facilities in the Delaware Basin, with a total processing capacity exceeding 700 million cubic feet per day [2] Company Profile - ONEOK is a leading midstream operator providing essential energy products and services, including gathering, processing, transportation, and storage, through a pipeline network of approximately 60,000 miles [3] - The company is recognized as one of the largest integrated energy infrastructure companies in North America, contributing to energy security and meeting both domestic and international energy demands [3]