Deep Blue closes acquisition of Environmental Disposal Systems from Diamondback

Deep Blue Midland Basin LLC closed its acquisition of Environmental Disposal Systems, LLC from Diamondback Energy, Inc. Diamondback received approximately $695 million in upfront cash proceeds and may receive up to $200 million more through earnouts.

“We’re excited to add EDS to our rapidly growing independent water infrastructure platform, the largest in the Midland Basin.”barchart.com

• 1 source
• barchart.comDeep Blue Closes Acquisition of Environmental Disposal Systems from DiamondbackDiamondback Energy, Inc.Oct 1, 2025

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