EagleClaw Midstream News
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
Flexibility, luck help EagleClaw Midstream exceed expectations
November 3, 2016 Midland Reporter-Telegram Hearst Energy Award for Company Performance Flexibility and a heaping helping of luck have helped EagleClaw Midstream become the largest privately owned midstream company operating in the Delaware Basin. Since 2012 when it was incorporated, the Midland-based company has grown both its employee base and processing capacity by more than 10 times. “I think we’ve probably exceeded expectations,” said Bob Milam, EagleClaw Midstream’s president and chief executive officer. Read the […]
EagleClaw Midstream Ventures to Acquire PennTex Permian
August 4, 2016 EagleClaw Midstream MIDLAND, Texas – August 4, 2016 – EagleClaw Midstream Ventures, LLC (“EagleClaw”) announced today that the company has entered into a definitive agreement to acquire PennTex Permian, LLC (“PennTex Permian”) a wholly owned subsidiary of PennTex Midstream Partners, LLC. Primarily located in Reeves County, Texas, PennTex Permian’s assets include a cryogenic processing plant with the capacity to process 60 million cubic feet of natural gas per day (MMcf/d), approximately 90 miles of gathering […]
New Permian Plant Positions EagleClaw For Takeoff
May 4, 2016 Midstream Business The May 3 commissioning of its Toyah I Natural Gas Processing Plant in the heart of the Permian Basin positions EagleClaw Midstream to take advantage of the booming core of the play as well as near-future exports to Mexico. PDF
EagleClaw Midstream Ventures Commissions Cryogenic Processing Plant in Reeves County, Texas
May 3, 2016 EagleClaw Midstream MIDLAND, Texas – May 3, 2016 – EagleClaw Midstream Ventures, LLC, a subsidiary of EagleClaw Midstream Services, LLC (“EagleClaw”), today announced that the company has commissioned its Toyah I Natural Gas Processing Plant in Reeves County, Texas. The cryogenic plant has the capacity to process 60 million cubic feet (MMcf/d) of natural gas per day and serves producers in the Permian’s Delaware Basin targeting stacked pay zones including the Upper and Middle […]
EagleClaw Midstream Services, LLC Acquires East Toyah Natural Gas Gathering and Processing System In Reeves County, Texas
December 9, 2014 EagleClaw Midstream Private equity commitments to EagleClaw reach $200 million. EagleClaw commissions its Northwest Toyah Natural Gas Gathering and Processing System in Reeves County. EagleClaw secures acreage dedications from Silverback Exploration, LLC and Elevation Resources Holdings, LLC. MIDLAND, Texas – December 9, 2014 – EagleClaw Midstream Services, LLC (“EagleClaw”) announced today that the company has closed on the purchase of natural gas gathering and processing assets in Reeves County, Texas. These assets include more […]
Technology indicates Permian may have triple the oil believed in place
December 13, 2014 Midland Reporter-Telegram Technological advances are rewriting what experts thought they knew about Permian Basin oil fields. None more so than work now being done on residual oil zones, experts say. “For probably 60 years, we’ve used 100 billion barrels of oil in place in the Permian Basin, based on existing oil fields,” said Robert Trentham, director of the University of Texas of the Permian Basin’s Center for Energy and Economic Development. Of […]
Tech: Permian Basin oil impact more than $137 billion
September 4, 2014 Midland Reporter-Telegram It’s not a secret that the oil and gas industry has an impact on Midland County and the Permian Basin. But on Thursday, Texas Tech University released a study which attached figures to that impact. — A $42 billion economic impact in Midland County. — $137 billion in economic output generated in the 46 counties of the Permian Basin in 2012. — More than 546,000 jobs sustained in the Permian […]