Item 1.01 Entry into a Material Definitive Agreement
Crude Oil Gathering and Storage Agreement
On October 25, 2021, OMP Operating LLC ("OMP"), an indirect wholly-owned
subsidiary of Oasis Midstream Partners LP (the "Partnership") entered into a
Crude Oil Gathering and Storage Agreement with Oasis Petroleum North America LLC
("OPNA") and Oasis Petroleum Marketing LLC ("OPM"), both indirect wholly-owned
subsidiaries of Oasis Petroleum Inc., pursuant to which (i) OPNA and OPM agreed
to deliver into OMP's crude oil gathering system all of the crude oil produced
that is owned or controlled by OPNA or OPM (subject to certain limited
exceptions) from a dedicated area in the City of Williston area, and (ii) OMP
will perform certain gathering and storage services for the crude oil delivered.
The Crude Oil Gathering and Storage Agreement provides for an initial term of 15
years.
Produced and Flowback Water Gathering and Disposal Agreement
On October 5, 2021, OMP entered into a Produced and Flowback Water Gathering and
Disposal Agreement with OPNA, pursuant to which OPNA dedicated the City of
Williston area to the Partnership for produced and flowback water gathering and
disposal services. The Wild Basin Produced Water Gathering and Disposal
Agreement provides for an initial term of 15 years.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
The following exhibits are filed in accordance with the provisions of Item 601
of Regulation S-K:
Exhibit No. Description of Exhibit
Cover Page Interactive Data File - the cover page interactive data file does
104 not appear in the Interactive Data File because its XBRL tags are embedded
within the Inline XBRL document.
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