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Goodnight Midstream Announces Significant Capital Investment From Tailwater Capital

  • October 8, 2019

Continued Partnership Provides Growth Capital to Scale Platform and Meet Increasing Demand for Produced Water Infrastructure  DALLAS, October 8, 2019— Goodnight Midstream (“Goodnight” or the “Company”), a leading produced water midstream infrastructure company, today announces the closing of a significant capital investment and an incremental commitment from Tailwate...

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Tailwater Capital Announces Commitment of $150 Million to Triten Energy Partners

  • September 19, 2019

Commitment Furthers Tailwater’s Downstream-Adjacent Investment Strategy DALLAS, September 19, 2019—Tailwater Capital LLC (“Tailwater”), an energy-focused private equity firm based in Dallas, today announced an equity commitment of $150 million to Triten Energy Partners (“TEP”, “Triten” or the “Company”), a newly established Company based in Houston pursuing ...

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Elevate Midstream Partners Announces Eight-Year Gas Gathering and Treating Agreement with Sabine Oil and Gas Corporation

  • August 19, 2019

Increases Gas Gathering and Processing Capabilities in Carthage Area Transaction in Partnership with Tailwater Capital HOUSTON, August 19, 2019 – Elevate Midstream Partners, LLC (“Elevate”), a full-service midstream company headquartered in Houston, Texas, today announced that it has entered into an eight-year gas gathering and treating agreement with Sabine Oil and Gas C...

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Cureton Midstream Announces Commercial Agreements With Six DJ Basin Oil and Gas Producers

  • May 21, 2019

Weld County Facility Increases Gas Processing Capabilities Denver, Colorado – May 21, 2019 – Cureton Midstream, LLC (“Cureton” or the “Company”), a Denver-based, growth-oriented midstream company focused on providing commercial solutions, today announced that the Company has signed commercial agreements with six DJ Basin oil and gas producers. These producers have m...

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Full Immersion Industry Gets Religion On Produced Water

  • March 19, 2019

Endless mountains tower over the arid Permian Basin. Mountains almost a mile high. Mountains of water. A football field covered with a foot of water is about an acre foot, a standard measure of water reservoir capacity. A mountain of water on that field 4,600 ft high represents the volume of produced water that could be coming out of the Permian Basin every day once oil ...

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Is the Water Midstream Sector Ready to Scale?

  • March 15, 2019

TPG’s recent deal for water-infrastructure provider Goodnight Midstream suggests the sector may see larger players emerge Not long ago, some private-equity investors set out to profit from the need to better manage the huge volumes of water being produced as a byproduct of oil-and-gas drilling in the U.S. A recent $1.2 billion deal suggests that a few of these bets may be rea...

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Oilfield Landfill Operator PetroWaste Environmental Sold to Waste Management

  • March 11, 2019

Private equity-backed oilfield landfill and saltwater disposal well operator PetroWaste Environmental has been sold to a subsidiary of Houston landfill operator Waste Management. Dallas private equity firm Tailwater Capital announced on Monday morning that it sold San Antonio-based PetroWaste Environmental to WM Energy Services Holdings. Financial terms of the deal were not di...

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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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The Non-Op Model is in the Driver’s Seat

  • January 21, 2019

Capital availability has changed for all players in the oil and gas value chain over the last several years, with investors demanding more discipline and capital markets being less open than they were in the past. This new environment encourages finding creative solutions for funding operations; one solution is non-operated companies’ strategies to allocating capital. Non-ope...

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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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