ONEOK Buys Brazos Midstream Permian Assets for $4.43 Billion

ONEOK will pay $4.43 billion for Brazos Midstream's gas gathering and processing assets in the Permian Midland Basin, per Reuters (August 31, 2026). The deal, signed August 30, adds field-level gas-handling capacity in America's most active oil and gas basin. Financing terms and closing date were not disclosed.