Have It All, Part 12 – EagleClaw Midstream’s Expansion Into Permian Crude Gathering

Publish date: 07/21/2019 Published by: Housley Carr Article Link: https://rbnenergy.com/have-it-all-part-12-eagleclaw-midstreams-expansion-into-permian-crude-gathering Acquire, expand, and acquire again. That’s proven to be a successful strategy for a number of midstream companies providing crude oil and natural gas gathering services in the Permian Basin. In the past couple of years, the hydrocarbons-packed shale play in West Texas and southeastern New Mexico has been experiencing major gathering-system buildouts and Pac-Man-like acquisitions that aggregate small and midsize systems into regional behemoths. […]


PDC Energy Divests Permian Basin Midstream Assets For $310 Million

Publish date: 05/02/2019 Published by: Emily Patsy Article Link: https://www.hartenergy.com/exclusives/pdc-energy-divests-permian-basin-midstream-assets-310-million-179620 PDC Energy Inc. agreed to sell Permian Basin midstream assets on May 1 as the Denver-based oil and gas company continues to face pressure from shareholder activist. The sale included PDC Energy’s gas and water midstream assets in the Delaware Basin through two separate agreements worth roughly $310 million of total cash proceeds. The company also authorized a $200 million stock repurchase plan, which along with […]


EagleClaw Midstream Announces Final Investment Decision on Delaware Link Pipeline, Expected In-Service Date for Pecos Bend IV Processing Facility, and Management Succession

April 2, 2019 EagleClaw Midstream EagleClaw Midstream (“EagleClaw”), a portfolio company of Blackstone Energy Partners and I Squared Capital, announced today a series of commercial and organizational milestones. Delaware Link Pipeline First, EagleClaw announced that it has made a final investment decision to proceed with construction of the Delaware Link pipeline, a new pipeline designed to transport residue natural gas from the Delaware Basin to the Waha hub, with access to further downstream takeaway connections. […]


EagleClaw Midstream, Blackstone Energy Partners, and I Squared Capital Announce the Formation of a Leading Delaware Basin Midstream Partnership and the Concurrent Acquisitions of Caprock Midstream and Pinnacle Midstream by EagleClaw

November 2, 2018 EagleClaw Midstream Closing of the previously-announced acquisition of Caprock Midstream reinforces EagleClaw’s position as the largest pure-play, privately-held Delaware Basin midstream business with comprehensive, multi-stream service capabilities Investment by I Squared Capital, a leading global infrastructure investor, will provide capital to further accelerate EagleClaw’s growth The additional concurrent acquisition of Pinnacle Midstream from I Squared Capital further augments EagleClaw’s best-in-class service offering, adding high-quality dedicated acreage, customers, and complementary natural gas gathering, […]


Kinder Morgan and EagleClaw Announce Final Investment Decision on Permian Highway Pipeline Project

September 5, 2018 EagleClaw Midstream Definitive Agreements signed by JV Partners; Project capacity nearly fully subscribed HOUSTON, Sept. 5, 2018 – Kinder Morgan Texas Pipeline LLC (KMTP), a subsidiary of Kinder Morgan, Inc. (NYSE: KMI), and EagleClaw Midstream Ventures, LLC (EagleClaw), a portfolio company of Blackstone Energy Partners, today announced a final investment decision to proceed with the Permian Highway Pipeline Project (PHP Project) after having executed definitive joint venture agreements and having secured sufficient firm transportation agreements with shippers. […]


EagleClaw Midstream Announces Acquisition of Caprock Midstream

September 5, 2018 EagleClaw Midstream Strategic acquisition reinforces EagleClaw’s best-in-class service offering by adding complementary natural gas gathering, processing, and compression assets in close proximity to existing system; expanding EagleClaw’s offering to crude and water services; and adding new customers, volumes, and high-quality dedicated acreage September 05, 2018 06:00 AM Eastern Daylight Time MIDLAND, Texas & HOUSTON–(BUSINESS WIRE)–EagleClaw Midstream (“EagleClaw”), a portfolio company of Blackstone Energy Partners, announced today that it has entered into binding […]


ExxonMobil Joins Kinder Morgan, EagleClaw and Apache on Permian Highway Pipeline Project

August 9, 2018 EagleClaw Midstream ExxonMobil signs a letter of intent; XTO Energy to be a shipper on pipeline HOUSTON, August 9, 2018 – Kinder Morgan Texas Pipeline LLC (KMTP), a subsidiary of Kinder Morgan, Inc. (NYSE: KMI), EagleClaw Midstream Ventures, LLC (EagleClaw), a portfolio company of Blackstone Energy Partners, and Apache Corporation (NYSE, NASDAQ: APA) today announced that Exxon Mobil Corporation (NYSE: XOM) has signed a letter of intent to support the proposed Permian […]


Kinder Morgan, EagleClaw Midstream and Apache Announce Joint Development of the Permian Highway Pipeline Project

June 25, 2018 EagleClaw Midstream HOUSTON, June 25, 2018 – Kinder Morgan Texas Pipeline LLC (KMTP), a subsidiary of Kinder Morgan, Inc. (NYSE: KMI), EagleClaw Midstream Ventures, LLC (EagleClaw), a portfolio company of Blackstone Energy Partners, and Apache Corporation (NYSE, NASDAQ: APA) today announced they have signed a letter of intent for the development of the proposed Permian Highway Pipeline Project (PHP Project), which will provide an outlet for increased natural gas production from the Permian Basin to growing market areas […]


Blackstone Energy Partners to Acquire EagleClaw Midstream Ventures

April 17, 2017 EagleClaw Midstream MIDLAND, Texas – April 17, 2017 – EagleClaw Midstream Ventures, LLC (“EagleClaw”) and its financial sponsor, EnCap Flatrock Midstream, announced today that they have entered into a binding agreement to sell the company to funds managed by Blackstone Energy Partners and Blackstone Capital Partners for approximately $2 billion. Blackstone Energy Partners is the energy-focused private equity business of Blackstone (NYSE: BX). The all-cash transaction is expected to close by the end of July 2017 and includes approximately […]


EagleClaw Wins Hearst Energy Award for Company Performance

November 6, 2016 Midland Reporter-Telegram The 20th annual annual Hearst Energy Awards were presented Nov. 6. 2016, during a dinner at Midland Country Club held in conjunction with Hart Energy’s Executive Oil Conference. EagleClaw Midstream was honored with Hearst Energy Award for Company Performance. More information and list of winners