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Lucid Energy Group

Company Summary

Description

LUCID ENERGY GROUP is a midstream services company providing gathering, treating, processing, compression and transportation services to producers working in the Permian Basin. LUCID has developed and is continuing to expand its greenfield gathering and processing facilities in the high-growth production areas of the Wolfcamp and Clines shales. LUCID was formed in 2011 with equity commitments from EnCap Flatrock Midstream of San Antonio.

Website

http://www.efmidstream.com/portfolio-companies

Related Entities

Recent news

  • 4/27/2022 - Lucid Group-Saudi Arabia... (subscriber access)
  • 3/24/2021 - Lucid Energy Group... (subscriber access)
  • 7/9/2019 - Lucid Energy Developing... (subscriber access)
  • 7/9/2019 - Lucid and XTO Agree to... (subscriber access)
  • 9/5/2018 - Lucid Energy Group Signs... (subscriber access)

Company Transactions

Date: 3/31/2018
Type: Acquisition

NOTES:
The Lucid II assets included in the transaction are located in the core of the northern Delaware Basin and are known as the South Carlsbad Natural Gas Gathering and Processing System and the Artesia Natural Gas Gathering and Processing System. Assets include approximately 1,700 miles of natural gas gathering pipelines and 585 million cubic feet per day (MMcf/d) of processing capacity, with an additional 200 MMcf/d under construction and scheduled to be in service by mid-2018.
REGIONS:
  • Delaware Basin
  • Date: 7/10/2017
    Type: Acquisition

    REGIONS:
  • Powder River Basin
  • Date: 1/31/2017
    Type: Acquisition

    PROJECTS:
  • RoadRunner I Plant
  • DETAILS:
    REGIONS:
  • Delaware Basin