Sendero is a privately held company owned by Energy Capital Partners. Sendero management is focused on providing best-in-class midstream services though the creation of long-term partnerships with producers and customers. Sendero management has the experience and expertise to optimally customize assets and facilities, as well as contracts and deal structures, in order to meet a producer's short-term and long-term production development and growth requirements.
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Crestwood Equity Partners has signed a deal to acquire Sendero Midstream Partners for $600 million in cash. The deal includes Eddy County, New Mexico, assets such as 350 Mmcf/d in processing capacity, 140 miles of gas gathering lines and 53,000 hp of field gathering compression.
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WhiteWater has entered into a deal to acquire the 14-inch Gateway Pipeline from Sendero Midstream. The asset ties into WhiteWater's existing Agua Blanca System, running 24-miles from Reeves County to the Carlsbad Area.