Hess Midstream to Acquire Chevron DJ Basin Midstream Assets; Pays $200M and Resets Bakken Contracts
Hess Midstream (HESM) agreed to acquire Chevron's DJ Basin midstream assets for $200M in cash, plus working capital. The deal includes long-term service contracts with Chevron through 2045, a two-year transition agreement, and an amended secondment framework. The existing omnibus agreement will be terminated at closing.

