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Hess Infrastructure Partners LP

Company Summary

Description

Hess Infrastructure Partners LP is a midstream energy joint venture between Hess Corporation and Global Infrastructure Partners. The Partnership owns various operating companies that provide a diverse mix of midstream oil and natural gas services in the core of the Bakken and Three Forks shale plays in the Williston Basin area of North Dakota. The Partnership also owns a 100% interest in the general partner of Hess Midstream Partners LP, a publicly traded master limited partnership.

Operational Regions

  • Bakken
  • Three Forks Formation
  • Williston Basin

Related Entities

Recent news

Company Transactions

Date: 12/30/2019
Type: Acquisition

DETAILS:

COST: 6.2 $B

NOTES:
Hess Midstream Partners ("HESM") reported the execution of a definitive agreement to acquire Hess Infrastructure Partners ("HIP"), including HIP's outstanding economic general partner interest and incentive distribution rights in HESM.
REGIONS:
  • Bakken
  • Three Forks Formation
  • Date: 2/15/2019
    Type: Acquisition

    SELLERS:
  • Hess Corporation
  • DETAILS:

    COST: 225 $MM

    VOLUMES: 24 M Bbls/d

    REGIONS:
  • Bakken