EagleRock Announces Double Eagle V Dedication and $15.4 Million Midland Basin Acquisitions

Nov 3, 2026 9:28 PM

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EagleRock has secured a 35,000-acre dedication from Double Eagle V and closed two Midland Basin bolt-on acquisitions totaling approximately 2,000 acres for $15.4 million, funded via cash and its revolving credit facility. These strategic additions enhance the company’s water supply, storage, and disposal infrastructure, while introducing sand development optionality. Furthermore, the expansion generates operational synergies and new revenue opportunities across the dedicated Double Eagle footprint and the broader Midland Basin, strengthening EagleRock's overall asset base and market positioning in the region.

AI-generated summary

EagleRock has executed an agreement with Double Eagle V for an additional acreage dedication of approximately 35,000 acres in the Midland Basin.

The company also closed two bolt-on acquisitions in the Midland Basin covering approximately 2,000 acres. The acquisitions had an aggregate value of $15.4 million and were funded through a combination of cash on hand and borrowings under EagleRock’s existing revolving credit facility.

The acquired assets expand EagleRock’s water supply, storage and disposal capabilities and include sand development optionality. They also create opportunities for incremental operating synergies and additional revenue across the Double Eagle dedicated footprint and the broader Midland Basin.

This article may include AI-generated content that is human-reviewed, which is for reference and general information purposes only and does not constitute investment advice.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

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