CSIMarket
 
Rattler Midstream Lp  (RTLR)
Other Ticker:  
 
    Sector  Utilities    Industry Natural Gas Utilities
   Industry Natural Gas Utilities
   Sector  Utilities

Rattler Midstream Lp

Business Description


Rattler Midstream Lp is a publicly traded, growth-oriented midstream energy company that focuses on the gathering and processing of natural gas and crude oil from the Permian Basin, which is located in West Texas and southeastern New Mexico. The company is a subsidiary of Diamondback Energy, Inc. and was established in 2018.

Rattler Midstream operates through two main segments: the midstream business segment and the water solutions segment. The midstream business segment focuses on the gathering and processing of natural gas and crude oil, and it primarily consists of gathering systems, compression and processing facilities, and fractionation units. The water solutions segment focuses on water sourcing, water gathering, and freshwater disposal, and it primarily consists of pipelines, storage facilities, and injection wells.

One of Rattler Midstream?s key assets is its gathering and processing system, which is designed to efficiently gather and process natural gas and crude oil from wells located in the Permian Basin. The company?s gathering system spans over 270 miles and contains approximately 600,000 horsepower of compression. Additionally, Rattler Midstream operates more than 500 million cubic feet per day (MMcf/d) of natural gas processing capacity, which allows the company to process and treat natural gas for its customers.

Rattler Midstream has a strong customer base, which includes Diamondback Energy and other large exploration and production companies in the Permian Basin. The company?s customer contracts are typically long-term, providing Rattler Midstream with stable cash flow and revenue.

Another significant asset of Rattler Midstream is its water infrastructure. The company operates a large water recycling system that can treat over 1 billion gallons of produced water per day. The system is designed to minimize the need for freshwater sourcing and to reduce the amount of wastewater that is disposed of in deep injection wells. Rattler Midstream?s water system also includes a network of pipelines, storage facilities, and injection wells that provide access to freshwater sources and allow for the safe and efficient disposal of produced water.

Overall, Rattler Midstream is a well-established midstream energy company that has a strong focus on the Permian Basin. The company?s midstream and water solutions segments provide valuable services to its customers, which helps to support the region?s continued growth and development in the energy sector.



View Company Supplier View Company Competition View Company Customers


Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com