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Tailwater Capital Announces Recapitalization of Goodnight Midstream

  • March 11, 2019

TPG to Acquire Majority Stake in Company Tailwater to Retain Significant Minority Interest, Remain Active Partner in Company’s Continued Growth DALLAS, March 11, 2019 – Tailwater Capital LLC (“Tailwater”), an energy-focused private equity firm based in Dallas, announced today it has signed definitive agreements to a sell a majority stake in Goodnight Midstream LLC (...

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Tailwater Capital Announces Sale of Petro Waste Environmental To Waste Management Energy Services

  • March 11, 2019

DALLAS, March 11, 2019 /PRNewswire/ — Tailwater Capital LLC (“Tailwater”), an energy-focused private equity firm based in Dallas, today announced the sale of Petro Waste Environmental to WM Energy Services Holdings, LLC, an indirect wholly owned subsidiary of Waste Management, Inc. (NYSE: WM). Terms of the transaction were not disclosed. Based in San Anto...

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Goodnight Midstream Places Llano and Rattlesnake Pipeline Systems into Service

  • February 5, 2019

DALLAS, Feb. 5, 2019 /PRNewswire/ — Goodnight Midstream, LLC, a leading midstream produced water infrastructure company, announced today it placed two high-pressure, trans-basin produced water pipelines into commercial service with a combined pipeline throughput capacity of 600,000 barrels of produced water per day. The Llano gathering system, located in Lea County, N...

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Tailwater Promotes Four Team Members

  • January 7, 2019

DALLAS, Jan. 7, 2019 /PRNewswire/ — Tailwater Capital LLC (“Tailwater” or the “Firm”), an energy-focused private equity firm based in Dallas, today announced the promotions of four professionals across the firm. “I am delighted to announce the promotions of these team members and proud to acknowledge their impressive accomplishments,” s...

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Elevate Midstream Acquires Gas Gathering, Treating and Processing Assets From Woodland Midstream and Orion Pipeline

  • November 15, 2018

Acquisitions Establish Elevate’s Position and Platform for Growth in East Texas HOUSTON, Nov. 15, 2018 /PRNewswire/ — Elevate Midstream Partners, LLC (“Elevate” or the “Company”), a full-service midstream company headquartered in Houston, Texas, today announced the acquisitions of Woodland Midstream Partners, LP (“Woodland”) an...

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Silver Creek Midstream Closes Acquisition of The Powder River Basin Midstream Assets from Genesis Energy, L.P.

  • October 12, 2018

DALLAS, Oct. 11, 2018 /PRNewswire/ — Tailwater Capital announces that its portfolio company Silver Creek Midstream, LLC (“Silver Creek”), a private midstream company located in Irving, Texas, through a newly formed joint venture, closed the acquisition of the Powder River Basin Midstream Assets and the associated crude oil gathering system and facility ass...

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Drowning in Dirty Water, Permian Seeks $22 Billion Lifeline

  • August 29, 2018

In the dry, dusty plains of West Texas, home to America’s most prolific oil play, the problem isn’t too little water, it’s too much of it. Just ask Will Hickey, the 31-year-old chief executive officer of Colgate Energy. Standing on a 26-foot high rig platform in Texas’s Reeves County, Hickey watches as contractors maneuver drilling pipe almost 10,000 feet underground in...

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Connect Midstream Secures Large Arkoma Stack Play Acreage Dedication from Antioch Energy

  • August 23, 2018

Connect Midstream also announces processing capacity expansion OKLAHOMA CITY (Aug. 23, 2018) – Connect Midstream LLC announced today it has entered into a long-term, fee-based natural gas gathering and processing agreement with Antioch Energy LLC. Antioch’s dedication of more than 275,000 gross acres brings Connect Midstream’s total acreage commitments in the Arkoma Stack...

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San Antonio Business Journal – SA company becomes largest oil and gas landfill operator in Permian

  • August 22, 2018

Over the past month, a San Antonio-based waste management company has opened two oil and natural gas waste landfills in the Permian Basin to become the largest operator of such landfills in the busy West Texas shale play. Petro Waste Environmental LP, with the new facilities, has four landfills in the region. “With the opening of the Deep Six and Big Lake landfills, Petro Was...

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Pivotal Petroleum Sells North Dakota Assets to Northern Oil & Gas

  • July 18, 2018

MINNEAPOLIS–(BUSINESS WIRE)–Jul. 18, 2018– Northern Oil and Gas, Inc. (NYSE American: NOG) today announced that it has entered into a definitive agreement to acquire significant production in North Dakota, currently producing over 4,100 barrels of oil equivalent (“Boe”) per day. The asset, primarily a large package of producing wells, is being acquired ...

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Tallgrass Energy and Silver Creek Midstream Announce Iron Horse Pipeline Open Season

  • July 10, 2018

Construction Underway and Pipeline on Schedule for In Service Q1 2019 LEAWOOD, Kan. – July 10, 2018 – Tallgrass Energy, LP (NYSE: TGE) (“Tallgrass”) and Silver Creek Midstream, LLC (“Silver Creek”) today announced a binding open season soliciting additional shipper commitments for Niobrara (API 34 – 42) crude oil transportation service on the Iron Horse Pipeline. ...

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Goodnight Midstream, LLC Receives Supplier Recognition Award From ConocoPhillips

  • June 18, 2018

DALLAS, June 18, 2018 /PRNewswire/ — Goodnight Midstream, LLC was recently recognized by ConocoPhillips as part of its 2017 Supplier Recognition Award program. Awards were given in two areas – focus on execution and doing business better – with Goodnight Midstream winning in the doing business better category. Goodnight Midstream played a positive role in helping th...

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Goodnight Midstream Expands Credit Facility to $320 Million

  • June 11, 2018

DALLAS, June 7, 2018 /PRNewswire/ — Goodnight Midstream, LLC, a leading midstream water infrastructure company, recently expanded its revolving credit facility to $320 million. ABN AMRO Capital USA, LLC (“ABN AMRO”) served as book runner, sole lead arranger and administrative agent. The amended facility, which will fund expansion projects and support worki...

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Dallas Business Journal – Dallas’ Tailwater doubles investment in Irving oil and gas firm to $300 Million

  • May 22, 2018

Dallas private equity firm Tailwater Capital has doubled its stake in Irving oil and gas company Silver Creek Midstream to $300 million following an investment raise. The firm’s first investment in the company came in November and the new capital will help Silver Creek finish building its own 250-mile crude oil gathering system of pipelines out of the Powder River basin of Wy...

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The Interview: New Play, New Player

  • May 3, 2018

They say the best place to find new oil and gas reserves is where hydrocarbons already have been found. That’s certainly the case with southeastern Oklahoma’s Arkoma Basin. The town of Seminole, Okla., was a classic boomtown in the 1920s as the surrounding Seminole Field burst onto the energy scene. There’s a reason why the local newspaper is the Seminole Producer. After ...

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