ONEOK acquired Medallion Midstream from Global Infrastructure Partners for $2.6 billion.
The deal added the largest crude gathering system in the Midland Basin of the Permian, with over 1,300 miles of gathering pipelines.
ONEOK Acquires Medallion Midstream
Acquirer
ONEOK
→
Target
Medallion Midstream
2024
Year
🇺🇸 United States
Country
Acquisition
Deal Type
Deal Value
Sector
Midstream
Subsector
Gas Gathering
Industry
Oil and Gas
Date Added
May 9, 2026
Status
Completed
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