Hess Midstream Partners Goes Public-Only, Buys Chevron’s DJ Basin Assets

Hess Midstream Partners Goes Public-Only, Buys Chevron’s DJ Basin Assets

Hess Midstream Partners (NYSE:HESM) said it has entered a definitive agreement with Chevron to become an independent, publicly owned multi-basin midstream company, expanding beyond its Bakken operations through the acquisition of Chevron’s DJ Basin midstream assets. Under the agreement, Hess Midstr

Chevron Exits Hess Midstream as It Restructures Bakken, DJ Assets

Hess Midstream will become independent of Chevron through a swap transaction that lets Chevron keep using oil and gas gathering and processing infrastructure in the Bakken at lower cost.

Latham Advises Chevron on Divestiture of Hess Midstream and DJ Basin Assets

Chevron Corporation (NYSE: CVX) has announced that several of its subsidiaries have entered into a definitive...

Hess Midstream LP Announces Transformative Transaction Leading to New Independent Multi-basin Midstream Company