MIDLAND, Texas, Oct. 01, 2025 (GLOBE NEWSWIRE) -- Deep Blue Midland Basin LLC (“Deep Blue”), the Midland Basin’s largest independent water infrastructure platform, today announced the closing of its previously announced acquisition of Environmental Disposal Systems, LLC (“EDS”) from Diamondback Energy, Inc. (“Diamondback”). Deep Blue was formed in 2023 as a joint venture between Diamondback and Five Point Infrastructure. Diamondback maintained a 30% equity interest in Deep Blue and received approximately $6 ...