Tailwater Capital LLC
Company Summary
Description
Dallas-based Tailwater Capital is a sophisticated, growth-oriented energy private equity firm with a well-established track record, having executed more than 35 energy transactions representing over $11 billion in transaction value. Tailwater currently manages $1.7 billion in equity capital, over $700 million of which is available for new investments. Tailwater is focused on acquiring and growing midstream assets as well as participating in non-operated upstream opportunities in select basins.Website
http://www.tailwatercapital.com/Related Entities
Recent news
- 7/26/2023 - Tailwater Capital and... (subscriber access)
- 4/5/2023 - Tailwater Royalties Adds... (subscriber access)
- 9/8/2022 - Williams Completes... (subscriber access)
- 3/25/2021 - Tall Oak Midstream II... (subscriber access)
- 2/18/2021 - Tailwater Capital Signs... (subscriber access)
Investor Presentations
Company Transactions
Date: 3/25/2021
Type: Acquisition
DETAILS:
NOTES:
Tall Oak Midstream II, backed by Tailwater Capital, has reached a deal to acquire Redcliff Midstream in the Oklahoma STACK play. Redcliff is a subsidiary of Canyon Midstream Partners II and provides gas gathering, treating and processing in the northern STACK play. They manage >200 miles of gathering line, five compression stations and a 240 Mmcf/d processing plant in Woodward County, Oklahoma.
Tall Oak Midstream II, backed by Tailwater Capital, has reached a deal to acquire Redcliff Midstream in the Oklahoma STACK play. Redcliff is a subsidiary of Canyon Midstream Partners II and provides gas gathering, treating and processing in the northern STACK play. They manage >200 miles of gathering line, five compression stations and a 240 Mmcf/d processing plant in Woodward County, Oklahoma.
REGIONS:
Oklahoma STACK Play
Date: 2/18/2021
Type: Acquisition
NOTES:
Tailwater Capital has reached a deal to acquire NorTex Midstream Partners, which is a Houston-based natural gas storage and transport company.
Tailwater Capital has reached a deal to acquire NorTex Midstream Partners, which is a Houston-based natural gas storage and transport company.
REGIONS:
Texas and Producing Region
Date: 6/30/2019
Type: Acquisition
NOTES:
TPG Capital acquired a majority interest in Goodnight Midstream for roughly $930 million from Tailwater Capital.
TPG Capital acquired a majority interest in Goodnight Midstream for roughly $930 million from Tailwater Capital.
REGIONS:
Eagle Ford
Permian Basin
Bakken
Date: 3/11/2019
Type: Acquisition
NOTES:
Waste Management Energy Services reported the acquisition of Petro Waste Environmental from Tailwater Capital
Waste Management Energy Services reported the acquisition of Petro Waste Environmental from Tailwater Capital
REGIONS:
Permian Basin
Eagle Ford
Date: 9/18/2018
Type: Acquisition
NOTES:
The asset package is being bought for $68.4 million in cash and 25.75 million shares of common stock. Northern Oil & Gas expects the assets to generate $56 million in cash flow over the next 12-months, and they have entered into hedging agreements on the new volumes.
The asset package is being bought for $68.4 million in cash and 25.75 million shares of common stock. Northern Oil & Gas expects the assets to generate $56 million in cash flow over the next 12-months, and they have entered into hedging agreements on the new volumes.
REGIONS:
Williston Basin
Date: 8/9/2016
Type: Acquisition
SELLERS:
Azure Midstream Partners, LP
DETAILS:
COST: 44.9 $MM
REGIONS:
Texas and Producing Region
News & Press Releases
Criterion News
- 7/26/2023 - Tailwater Capital and... (subscriber access)
- 4/5/2023 - Tailwater Royalties Adds... (subscriber access)
- 9/8/2022 - Williams Completes... (subscriber access)
- 3/25/2021 - Tall Oak Midstream II... (subscriber access)
- 2/18/2021 - Tailwater Capital Signs... (subscriber access)
- 3/27/2020 - Tailwater Capital Closes... (subscriber access)
- 11/12/2019 - Align Midstream &... (subscriber access)
- 10/8/2019 - Goodnight Midstream... (subscriber access)
- 9/19/2019 - Tailwater Capital... (subscriber access)
- 3/11/2019 - Waste Management Energy... (subscriber access)
- 3/11/2019 - TPG Capital Acquires Majority Stake in Goodnight Midstream for $930 Million from Tailwater Capital
- 10/11/2018 - Silver Creek Midstream... (subscriber access)
- 9/18/2018 - Northern Oil & Gas... (subscriber access)
- 7/25/2018 - Tailwater Capital Closes... (subscriber access)
- 7/18/2018 - Northern Oil & Gas... (subscriber access)
- 5/22/2018 - Silver Creek Midstream... (subscriber access)
- 11/27/2017 - Black Stone Announces... (subscriber access)
- 11/17/2017 - Silver Creek Midstream Receives $150 Million Equity Commitment
- 10/31/2017 - Elevate Midstream Partners Receives $100 Million Commitment from Tailwater Capital
- 8/29/2017 - E2 Energy Services... (subscriber access)
- 7/27/2017 - Valiant Midstream... (subscriber access)
- 10/4/2016 - Tailwater Capital Commits $100MM to Newly Formed Producers Midstream LP
- 8/10/2016 - Tailwater Capital Investing $80MM in Goodnight Midstream
- 8/9/2016 - Align Midstream Acquires 100 MMcf/d Processing Facility & 51-mile Trunk Line System
- 3/2/2016 - Tailwater Capital Closes $218 Million Fund for E&P Investment
Projects & Assets
Related Assets
Align Midstream Partners II, LLC
Sabine Oil & Gas, LLC
Osaka Gas USA Corporation
TOPS Pipeline (subscriber access)
Sabine Oil & Gas, LLC
Osaka Gas USA Corporation
TOPS Pipeline (subscriber access)
Related Projects
Elevate Carthage System (subscriber access)
Parent Entities:
Elevate Midstream Partners LLC
Goodnight Midstream Spur Water Pipeline (subscriber access)
Status: (subscriber access)
Parent Entities:
Goodnight Midstream
Goodnight North Dakota Water Gathering Pipeline (subscriber access)
Status: (subscriber access)
Parent Entities:
Goodnight Midstream
Llano Produced Water Pipeline (subscriber access)
Status: (subscriber access)
Parent Entities:
Goodnight Midstream
Rattlesnake Produced Water Pipeline (subscriber access)
Status: (subscriber access)
Parent Entities:
Goodnight Midstream
Rooster Saltwater Disposal Facility (subscriber access)
Parent Entities:
Goodnight Midstream
Silver Creek PRB Gathering System (subscriber access)
Status: (subscriber access)
Parent Entities:
Silver Creek Midstream, LLC
Stanberry Processing Complex - Phase 1 (subscriber access)
Status: (subscriber access)
Parent Entities:
Valiant Midstream
Stanberry Processing Complex - Phase 2 (subscriber access)
Status: (subscriber access)
Parent Entities:
Valiant Midstream
TOPS Pipeline (subscriber access)
Status: (subscriber access)
Parent Entities:
Align Midstream Partners II, LLC
Valiant Arkoma Stack Gathering System - Phase 1 (subscriber access)
Status: (subscriber access)
Parent Entities:
Valiant Midstream
FERC Highlights
FERC Filings
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