Hunton Andrews Kurth Represents Stonepeak Infrastructure Partners in $3.6 Billion Acquisition of Oryx Southern Delaware Holdings LLC and Oryx Delaware Holdings LLC

Hunton Andrews Kurth LLP is representing Stonepeak Infrastructure Partners (“Stonepeak”), an infrastructure-focused private equity firm, in its $3.6 billion acquisition of substantially all of the assets of Oryx Southern Delaware Holdings LLC and Oryx Delaware Holdings LLC (collectively, “Oryx”).

Based in Midland, Texas, Oryx is the largest privately-held midstream crude operator in the Permian Basin. It owns and operates a crude oil gathering and transportation system with approximately 1,200 miles of in-service and under-construction pipeline that spans eight counties in Texas and two in New Mexico. Its footprint across the core of the Delaware Basin features the most economic and long-lived drilling resource in the United States.

The Hunton Andrews Kurth team representing Stonepeak is led by partners Mike O’Leary, Courtney Cochran Butler and Taylor Landry, with assistance from associates Erin Juvenal and Marshall Heins. Partner Harve Truskett and associates Ming Lei, Alex Miron and Rachel Morico are providing assistance on the gathering, transportation and dedication agreements; partners Tom Ford and Allison Mantor are providing tax advice; partner Lisa Shelton is providing environmental advice, partner Tony Eppert and associate Emily Cabrera are providing advice on compensation and benefits matters; partners Tammy Brennig and Rob Taylor and associate Jared Grodin are providing assistance in connection with the debt financing and debt commitments; partner Rich Warren is providing advice in connection with representations and warranty insurance; partner Shemin Proctor is providing regulatory advice; and partner O’Banion Williams and associate Chris Richardson are providing real property advice; partner Joe Buoni is providing litigation diligence advice; and partner Larry Bracken and associates Andrea DeField and David Costello are providing insurance coverage diligence advice.