The Next Big Bet in Fracking: Water
Some investors see fortunes to be made in the U.S.’s hottest oil field—by speculating in water, not crude. Full Article Here
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San Antonio Business Journal – SA company becomes largest oil and gas landfill operator in Permian
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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Tailwater Capital Receives Total Commitments of $1.0 Billion for Third Energy Fund
Oversubscribed and Largest Fund to Date Advances Firm’s Strategy of Partnering with Proven Management Teams in the Midstream Sector DALLAS, July 25, 2018 /PRNewswire/ — Tailwater Capital LLC (“Tailwater”), an energy-focused private equity firm based in Dallas, announced today that it has closed Tailwater Energy Fund III LP (“Energy Fund IIIR...
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Pivotal Petroleum Sells North Dakota Assets to Northern Oil & Gas
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
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
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
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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Tailwater Announces Lindsay Grider Has Joined as Head of Investor Relations
DALLAS, May 31, 2018 /PRNewswire/ — Tailwater Capital LLC (“Tailwater”), a Dallas-based private equity firm, announced today that Lindsay Grider has joined the firm as Head of Investor Relations. Ms. Grider has over 10 years of experience launching, developing, and executing strategic fundraising and investor relations programs for private capital strateg...
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Dallas Business Journal – Dallas’ Tailwater doubles investment in Irving oil and gas firm to $300 Million
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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Silver Creek Midstream, LLC Announces Upsized Equity Commitment of $300 Million
DALLAS, May 22, 2018 /PRNewswire/ — Silver Creek Midstream, LLC (“Silver Creek”) announced today that Tailwater Capital, LLC (“Tailwater”) has increased its equity commitment from $150 million to $300 million. Tailwater’s increased equity commitment will be provided by both Tailwater Energy Fund III (“EF-III”) and EF-III lim...
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Goodnight Midstream Announces Andrejka Bernatova as Chief Financial Officer
DALLAS, May 21, 2018 /PRNewswire/ — Goodnight Midstream, LLC, (“Goodnight” or the “Company”) a leading oilfield water midstream company, announces the addition of Andrejka Bernatova as its Chief Financial Officer. Bernatova brings a proven track record of entrepreneurial leadership and broad range of corporate finance, capital markets and transa...
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The Interview: New Play, New Player
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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Canyon Creek Energy Announces Joint Development Drilling Program In Arkoma Stack With Pivotal Petroleum Partners
TULSA, Okla., April 19, 2018 /PRNewswire/ — Canyon Creek Energy – Arkoma, LLC (“CCEA”) announced today that it has entered into a Joint Development Agreement (“JDA”) with Pivotal Petroleum Partners II, LP (“Pivotal”) to jointly fund the development of wells on CCEA’s acreage in Atoka, Coal, Hughes and Pittsburg Counties...
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Align Midstream Partners II Announces East Texas Greenfield System Build for BP America Production Company
DALLAS, March 29, 2018 – Align Midstream Partners II announced today that they have recently commissioned the first phase of their new natural gas gathering and treating system to serve producers targeting the Haynesville and Bossier Shale formations in Angelina County, TX. The system is anchored by a long term agreement and dedication with BP America Production Company and w...
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Goodnight Midstream Continues North Dakota Expansion
DALLAS, March 6, 2018 /PRNewswire/ — Goodnight Midstream, LLC (“Goodnight” or the “Company”), a leading oilfield water midstream company, announces the addition of five new saltwater disposal wells and 50 miles of produced water gathering pipeline to its basin leading network of produced water gathering and disposal facilities in North Dakota. O...
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Goodnight Midstream Announces Notice of Binding Open Season On The Llano Produced Water Pipeline System in Lea County, New Mexico
DALLAS, Feb. 8, 2018 /PRNewswire/ — Goodnight Midstream Permian, LLC (“Goodnight”) is conducting a binding Open Season to provide an opportunity for producers to enter into long-term contractual commitments for Goodnight’s Llano Produced Water Pipeline System (the “Llano Pipeline”) to be constructed in Lea County, New Mexico. The Open Seas...
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Connect Midstream to Build Natural Gas Gathering System and Processing Plant in Oklahoma’s Arkoma Stack Play
Corterra Energy and Canyon Creek Energy Sign Long-Term Contracts OKLAHOMA CITY, Feb. 7, 2018 /PRNewswire/ — Connect Midstream LLC announced today it has commenced construction on a natural gas gathering system and cryogenic gas processing plant in the heart of the Arkoma Stack play in southeast Oklahoma. The system is expected to come online in multiple phases star...
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Tallgrass Energy Partners and Silver Creek Midstream Announce Joint Venture to Transport Crude Oil Production in the Powder River Basin to Guernsey, Wyoming
LEAWOOD, Kan.–(Business Wire)–Tallgrass Energy Partners, LP (NYSE: TEP) (“Tallgrass”) and Silver Creek Midstream, LLC (“Silver Creek”) announced today that they have signed definitive documents to develop the Iron Horse Pipeline (“Iron Horse”), a joint venture pipeline to transport crude oil from the growing Powder River Basin (“PRB”) to Guernsey, Wy...
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Silver Creek Midstream, LLC Announces the Acquisition of Crude Oil Gathering, Transportation and Storage Assets Located in the Big Horn and Wind River Basins of Wyoming
DALLAS, January 12, 2018 /PRNewswire/ — Silver Creek Midstream, LLC (“Silver Creek Midstream” or “Silver Creek”), a private midstream company located in Irving, Texas, announces the acquisition of Red Butte Pipe Line LLC (“Red Butte”) from Merit Energy Company (“Merit”) on December 28, 2017. Red Butte is a 530-mile crude oil gathering system with an expansive ...
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Tailwater Announces Promotions of David Cecere and Stephen Lipscomb
DALLAS December 21, 2017 – Tailwater Capital LLC (“Tailwater”), a Dallas-based private equity firm, announced today the promotions of David Cecere and Stephen Lipscomb to Partner and Principal, respectively. Mr. Cecere joined Tailwater at inception and is responsible for deal sourcing, transaction execution, and portfolio oversight. Prior to joining Tailwater, Mr. Cecere...
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