Scout Energy Sells $1 Billion Anadarko Basin Assets with 7,200 Miles of Pipelines

Scout Energy Partners has sold more than $1 billion in oil and gas assets in the Western Anadarko Basin, including extensive midstream infrastructure and pipeline networks.

(P&GJ) — Scout Energy Partners has completed the sale of more than $1 billion in oil and gas assets in the Western Anadarko Basin, including a large portfolio of midstream infrastructure, according to a company announcement.

The assets include both upstream production and associated midstream systems spanning approximately 3 million acres. The portfolio produces about 250 million cubic feet equivalent per day from natural gas, natural gas liquids and helium.

The midstream footprint includes three gas processing plants, more than 7,200 miles of gathering pipelines, and roughly 400,000 horsepower of compression capacity, making it one of the more extensive integrated positions in the region.

Scout said the assets were built over more than a decade through multiple acquisitions and operational integration efforts.

Co-founder and Managing Director John Baschab said the company developed the position through long-term investment and operational improvements.

The buyer was not disclosed. RBC Capital Markets served as financial advisor on the transaction.