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Third Coast Midstream

Company Summary

Description

Third Coast Midstream, LLC is a full-service midstream company headquartered in Houston, Texas. Our operations are focused on delivering efficient, safe, and dependable service to our customers. The company’s assets include natural gas transmission and gathering pipelines, crude oil pipelines, natural gas processing plants, NGL fractionation facilities, NGL pipelines, and terminals. We are focused on the Gulf Coast area and unlocking the strategic value that the region brings the industry.

Website

https://www.3cmidstream.com/

Operational Regions

  • Eagle Ford
  • Gulf Coast
  • Gulf of Mexico

Related Entities

Recent news

  • 4/25/2022 - King's Quay FPS Achieves... (subscriber access)
  • 6/8/2021 - Third Coast Midstream... (subscriber access)
  • 6/7/2021 - Third Coast Midstream... (subscriber access)
  • 2/16/2021 - Third Coast Subsidiary,... (subscriber access)
  • 12/8/2020 - Third Coast Midstream... (subscriber access)

Company Transactions

Date: 6/8/2021
Type: Acquisition

SELLERS:
  • Lighthouse Super Holdings, LLC
  • Third Coast Midstream
    • DETAILS:
    NOTES:
    Third Coast Midstream has sold a 50% interest in its Lighthouse Super Holdings subsidiary to "an affiliate of a global infrastructure investment vehicle." Lighthouse owns offshore-focused midstream assets and a 50% stake in King's Quay Infrastructure, which owns a new FPSO set for deployment in the Gulf of Mexico.
    REGIONS:
  • Gulf of Mexico

    • Date: 12/8/2020
    Type: Acquisition

    BUYERS:
  • J. Global Energy Midstream LLC
  • J. Global Energy Holdings Inc
    • SELLERS:
  • Third Coast Midstream
    • DETAILS:
    NOTES:
    Third Coast Midstream has closed on the sale of their East Texas gathering, processing and fractionation business to J. Global Energy Midstream LLC. The deal included a 710-mi oil and gas gathering system, a 23-mile inbound liquids pipeline and a 12-mile outbound liquids pipeline, 3 gas processing plants w/ 50 Mmcf/d in combined capacity, 11.3 Mbbl/d in frac capacity, 4 Mbbl/d in trucking capacity and a rail system with 3 Mbbl/d in capacity.
    REGIONS:
  • East Texas/Louisiana
  • Haynesville-Bossier Shale

    • Date: 10/2/2020
    Type: Acquisition

    BUYERS:
  • HCS Holdings, LLC
  • Hartree Partners LP
    • SELLERS:
  • Third Coast Midstream
    • ASSETS:
  • AMID Crude Oil Storage
    • DETAILS:

    VOLUMES: 3 MM Bbls

    NOTES:
    Third Coast Midstream has completed the sale of their Cushing, OK, storage business to HCS Holdings (Hartree Partners.) The AMID Crude Oil Storage assets included five tanks with 3 million barrels of capacity.
    REGIONS:
  • Cushing Oil Terminal

    • Date: 9/10/2020
    Type: Acquisition

    BUYERS:
  • Black Bear Transmission LLC
    • SELLERS:
  • Third Coast Midstream
    • DETAILS:
    NOTES:
    Black Bear Transmission has entered into a deal with Third Coast Midstream to acquire a portfolio of natural gas transmission assets. The deal includes six intrastate natural gas pipelines which span 1,400-miles in Alabama, Louisiana and Mississippi. The system has a total capacity of >800 Mmcf/d. Closing is planned for the back half of 2020.
    REGIONS:
  • Southeast
  • Gulf Coast

    • Date: 11/11/2019
    Type: Acquisition

    BUYERS:
  • Starwood Energy Group
    • SELLERS:
  • Third Coast Midstream
    • ASSETS:
  • Lavaca County Gathering System
    • DETAILS:
    NOTES:
    Starwood Energy has entered into a deal to acquire Third Coast Midstream's natural gas gathering business in and around Lavaca County, Texas. This includes 260 miles of gathering line and associated assets in the Eagle Ford Shale. This marks Starwood's first midstream acquisition.
    REGIONS:
  • Eagle Ford