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Kinetik Holdings Inc. operates as a midstream company in the Texas Delaware Basin. The company allows natural gas producers to optimize their assets and improve internal logistics by developing, constructing, and operating gathering systems, processing plants and pipelines. The company transports its crude oil and NGLs to third party pipelines, terminals and refineries. Furthermore, Kinetik occasionally provides well supervision services that include drilling, workovers, recompletions, gathering of production from wellheads, gathering of production from horizontal infill wells and associated capital projects for related service pipelines servicing third party customers.
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