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Align Midstream Partners

Company Summary

Description

Dallas-based Align is a midstream company focused on serving producers' needs in emerging and established basins with the United States. Align is concentrated on building greenfield midstream assets including gas, crude oil and water gathering pipelines, treating and gas processing plants in emerging basins. Align is also focused on acquiring midstream assets in established basins and on creating opportunities through repurposing facilities as appropriate.

Website

http://www.alignmidstream.com/

Related Entities

Recent news

Company Transactions

Date: 11/12/2019
Type: Merger

BUYERS:
  • Align Midstream Partners
    • SELLERS:
  • Elevate Midstream Partners LLC
    • ASSETS:
  • East Texas Gathering System (Elevate Midstream)
  • East Texas Processing Plant (Elevate Midstream)
    • DETAILS:
    NOTES:
    Align Midstream & Elevate Midstream have entered into a combination plan for their East Texas asset bases, with both firms being backed by Tailwater Capital. Align will assume operatorship over the assets, which includes an average daily volume of 300 Mmcf/d in Panola, Rusk and Harrison Counties.
    REGIONS:
  • East Texas/Louisiana

    • Date: 10/4/2017
    Type: Acquisition

    BUYERS:
  • Enable Midstream Partners, LP
    • SELLERS:
  • Align Midstream Partners
    • DETAILS:

    COST: 300 $MM

    NOTES:
    Enable Midstream reported that it has entered into a deal to acquire Align Midstream for approximately $300 million. Align operates 190 miles of natural gas pipelines in Texas and Louisiana and a 100 Mmcf/d natural gas processing plant in Panola, Texas. Also, Align has 100,000 gross acres of dedicated production.
    REGIONS:
  • Haynesville-Bossier Shale
  • East Texas/Louisiana
  • Cotton Valley Play

    • Date: 8/9/2016
    Type: Acquisition

    BUYERS:
  • Align Midstream Partners
  • Tailwater Capital LLC
    • SELLERS:
  • Azure Midstream Partners, LP
    • ASSETS:
  • Panola NGL Pipeline
  • Panola I Processing Plant
  • Murvaul Trunkline
    • DETAILS:

    COST: 44.9 $MM

    REGIONS:
  • Texas and Producing Region