EagleClaw Midstream News

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. […]

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 […]

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. […]