Western Midstream Partners, LP

Western Midstream Partners, LP is a Delaware master limited partnership that owns, operates, acquires, and develops midstream energy assets primarily in the United States. The company's mission is to improve lives through safe, sustainable, and efficient energy delivery. Its headquarters are located in The Woodlands, Texas.

The company's core business involves the gathering, compressing, treating, processing, and transporting of natural gas, condensate, natural gas liquids (NGLs), and crude oil. Additionally, Western Midstream Partners, LP is engaged in gathering and disposing of produced water. Its assets are strategically located in key U.S. basins, including the Delaware Basin in West Texas and New Mexico, the DJ Basin in northeastern Colorado, and the Powder River Basin in Northeast Wyoming, with additional investments in South Texas, Utah, and Southwest Wyoming. The company also engages in the buying and selling of natural gas, NGLs, and condensate, and operates largely under fee-based contracts to mitigate commodity price volatility.

Oscar K. Brown serves as the President and Chief Executive Officer. Recent notable activities include the June 2026 pricing of a notes offering and the start-up of a second produced-water treatment facility in the Permian Basin, a collaborative project with Chevron, ConocoPhillips, Devon, and ExxonMobil. In June 2026, the company also finalized the acquisition of Brazos Delaware II, LLC for approximately $1.6 billion, a move expected to significantly expand its dedicated acreage and processing capacity in the Delaware Basin. These developments follow the 2025 acquisition of Aris, which substantially enhanced its produced-water and recycling capabilities.