Your Portal for Key Energy Information and Research

Elevate Midstream Partners LLC

Company Summary

Description

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. 

Website

http://www.elevatemidstream.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: 11/15/2018
    Type: Acquisition

    BUYERS:
  • Elevate Midstream Partners LLC
    • SELLERS:
  • Orion Pipeline LLC
  • Woodland Midstream, LLC
    • ASSETS:
  • East Texas Gathering System (Elevate Midstream)
  • East Texas Processing Plant (Elevate Midstream)
    • DETAILS:
    NOTES:
    Elevate Midstream, backed by Tailwater Capital, has acquired natural gas gathering, treating and processing assets in East Texas from Orion Pipeline and Woodland Midstream Partners. Pro forma the deal, Elevate will operate 180-miles of active pipeline, 19,000-hp in compression, an 80 Mmcf/d processing plant, and dehydration & NGL stabilization equipment.
    REGIONS:
  • East Texas/Louisiana