Brazos Midstream Announces Expansion of Credit Facility to $1.1 Billion

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FORT WORTH, Texas--(BUSINESS WIRE)--Feb 11, 2026--

Brazos Midstream (“Brazos”) today announced that its subsidiary, Brazos Midland, LLC, has completed an expansion of its senior credit facility to $1.1 billion from $225 million in commitments from a syndicate of banks. These funds support the ongoing expansion of Brazos’ natural gas gathering and processing system throughout the Midland Basin, one of the most robust and active oil and gas producing regions in the United States.

Management Perspective

“In a matter of just three years, Brazos has secured long-term dedications for gas gathering & processing services covering over 375,000 acres with leading energy producers in the Midland Basin,” said William Butler, Brazos Chief Financial Officer. “With this newly expanded bank facility, along with the continued support of our equity partners, Brazos has fully secured the capital sources needed to complete the aggressive buildout of our Midland business as we continue to generate material growth in operating cash flow.”

Advisors

BOK Financial served as Lead Arranger and Administrative Agent along with Bank OZK, Citizens Bank, Fifth Third Bank, JPMorgan Chase Bank, KeyBanc Capital Markets and The Huntington National Bank serving as Joint Lead Arrangers.

Harris Finley Bogle provided legal counsel to Brazos and Baker Botts served as counsel to the lender group.

About Brazos Midstream

Headquartered in Fort Worth, Texas, the Brazos Midstream entities collectively represent the largest privately held midstream platform in the Permian Basin. On a combined basis, the Company’s critical hydrocarbon infrastructure totals approximately 1,200 miles of natural gas, natural gas liquids and crude oil gathering pipelines spanning the most prolific producing counties in the Midland and Delaware Basins; approximately 1.0 Bcf/d of total Permian-based processing capacity with expansion projects underway to expand to approximately 1.3 Bcf/d by year-end 2026; and 75,000 barrels of crude oil storage.

For more information, please visit www.brazosmidstream.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20260211353702/en/

CONTACT: Media Contact:

Meggan Morrison

Redbird Communications Group

[email protected]

KEYWORD: TEXAS UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: FINANCE OIL/GAS BANKING ENERGY PROFESSIONAL SERVICES

SOURCE: Brazos Midstream

Copyright Business Wire 2026.

PUB: 02/11/2026 05:59 PM/DISC: 02/11/2026 05:59 PM

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