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Utah Gas Corp

Company Summary

Description

Utah Gas Corporation is a private firm strategically focused on natural gas production, gathering, and processing in the Rockies. UGC’s talented team of industry experts bring decades of experience focused on operational efficiency and land reclamation.

Operational Regions

  • Piceance Basin

Recent news

  • 3/9/2020 - Summit Midstream Sells... (subscriber access)

Company Transactions

Date: 3/9/0020
Type: Acquisition

BUYERS:
  • Utah Gas Corp
  • DETAILS:

    COST: 12 $MM

    NOTES:
    Summit Midstream has reportedly sold >1,200 miles of pipeline and one processing plant in Utah for $12 million to Utah Gas Corporation. Summit retained 565-miles of pipe and one plant in the basin. The asset sold were reportedly transporting 25 Mmcf/d in 3Q19.
    REGIONS:
  • Piceance Basin