Kirkland & Ellis advised Tailwater E&P, the upstream platform of Tailwater Capital, in connection with its acquisition of a significant non-operated working interest asset package in the Permian Basin from Accelerate Resources. The acquired assets include more than 5,000 net leasehold acres in the core of the Midland and Delaware Basins, and currently produce more than 5,000 net barrels of oil equivalent per day. Read the transaction press release The Kirkland team was led by corporate partners Kevin Crews, Thomas Laughlin and Jacqueline Scioli; investment funds partners Matt Nadworny and Brian Delaney; and tax partner Steve Butler.