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Silver Creek Midstream, LLC

Company Summary

Description

Headquartered in Irving, Texas, Silver Creek Midstream is a private midstream energy company focused on providing crude and liquid petroleum gathering, storage, and terminalling services in the Permian Basin and Powder River Basin. Silver Creek Midstream is backed by a $150 million funding commitment from Tailwater and Silver Creek Midstream management.

Website

http://www.scmidstream.com/

Operational Regions

  • Powder River Basin
  • Permian Basin

Related Entities

Recent news

  • 4/15/2019 - Tallgrass Energy and... (subscriber access)
  • 10/16/2018 - Silver Creek to Begin... (subscriber access)
  • 10/16/2018 - Tallgrass Energy and... (subscriber access)
  • 10/11/2018 - Genesis Energy Closes on... (subscriber access)
  • 10/11/2018 - Silver Creek Midstream... (subscriber access)

Company Transactions

Date: 9/30/2018
Type: Acquisition

BUYERS:
  • Silver Creek Midstream, LLC
    • SELLERS:
  • Genesis Energy LP
    • ASSETS:
  • Powder River Basin Gathering System
  • Powder River Express Pipeline
  • Pronghorn Rail Terminal
    • DETAILS:

    COST: 300 $MM

    REGIONS:
  • Powder River Basin

    • Date: 2/28/2018
    Type: Acquisition

    BUYERS:
  • Silver Creek Midstream, LLC
    • SELLERS:
  • Tallgrass Crude Gathering, LLC
  • Tallgrass Energy Partners, LP
    • ASSETS:
  • Tallgrass Crude Gathering, LLC
    • DETAILS:
    NOTES:
    Tallgrass Energy Partners reported that it will be selling its 50-mile Powder River Basin gathering system to Silver Creek Midstream as part of a joint venture that is developing a new pipeline in the region.
    REGIONS:
  • Powder River Basin

    • Date: 12/28/2017
    Type: Acquisition

    BUYERS:
  • Silver Creek Midstream, LLC
    • SELLERS:
  • Red Butte Pipe Line LLC
  • Merit Energy Company
    • ASSETS:
  • Red Butte Pipeline
    • DETAILS:
    NOTES:
    Silver Creek Midstream has entered into a deal to acquire Red Butte Pipeline LLC from Merit Energy Company. Red Butte owns and operates a 530-mile crude oil gathering system in the Big Horn and Wind River Basins underpinned by long term dedications.
    REGIONS:
  • Big Horn Basin
  • Wind River Basin