Aris Water Solutions
The business, the turning points, and the decisions behind them.
Some sections are still being researched2 / 4
Sections to complete：02 · 05
01 / WHAT IT BUILT
What the company did
Aris Water Solutions (NYSE: ARIS) was an integrated midstream water company serving oil and gas operators in the Permian Basin of West Texas and southeastern New Mexico. Its full-cycle water infrastructure included 790 miles of produced-water pipeline, 1.8 million barrels per day of produced-water handling capacity, 1.4 million barrels per day of water recycling capacity, and 625,000 dedicated acres from investment-grade counterparties — treating water as strategic infrastructure rather than a byproduct.
02 / FAILURE REASONS
Material for this section is being gathered and checked. It will appear here once ready.
03 / EVENT HISTORY
Events in the structured record
- Acquisition announced
On August 6, 2025, Western Midstream Partners announces it will acquire Aris Water Solutions in a cash-and-stock deal valued at about $1.5 billion in equity ($2 billion including $500 million of assumed debt), with Aris shareholders receiving $25 per share in cash or 0.625 Western Midstream units; shares jump over 21%.
- Acquisition completed
On October 15, 2025, the series of mergers is completed and Aris Water Solutions becomes a wholly owned subsidiary of Western Midstream Partners; the company is delisted and stops trading as an independent public company under the ARIS ticker.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
Material for this section is being gathered and checked. It will appear here once ready.