Delaware Basin Water Infrastructure Company Sees 5% Surge Before Acquisition

ARIS Mining Corporation (ARIS), commonly known as ARIS Water Solutions, is a water infrastructure company whose shares climbed 5.08% in a single day to $17.58 just before its delisting from the New York Stock Exchange, valuing the company at approximately $3.63 billion (about KRW 4.7 trillion). That day, trading volume reached roughly 1.185 million shares, driving up its market capitalization by around $194 million (approximately KRW 250 billion).

In October 2025, U.S. midstream operator Western Midstream Partners acquired ARIS in a cash-and-stock transaction valued at about $2 billion (roughly KRW 2.6 trillion). Upon closing the deal, ARIS’s shares were delisted from the New York Stock Exchange. Through this acquisition, Western Midstream significantly expanded its produced-water pipeline and recycling assets in the Texas and New Mexico portions of the Delaware Basin, strengthening its three-stream midstream platform, which now includes water infrastructure.

Headquartered in Houston, Texas, ARIS Water Solutions specializes in collecting, transporting, treating, and recycling produced water generated during oil and gas production in the Permian and Delaware Basins. By integrating ARIS’s operations, Western Midstream has created a unified network for gathering, processing, and transporting natural gas, crude oil, and produced water throughout the Delaware Basin.