Post Tagged with: "dehydration"

Source: Elevate Midstream Partners

Tailwater-Backed Elevate Midstream Enters into Eight Year Agreement with Sabine Oil and Gas

By Tyler Losier, Energy Reporter, Oil & Gas 360 Elevate Midstream Partners enters into eight year gathering and treating agreement with Sabine Oil and Gas Elevate Midstream Partners LLC, a private company based out of Houston, has entered into an eight-year gas gathering and treating agreement with Sabine Oil and Gas Corporation, an independent E&P operating exclusively in Texas. The transaction is being completed in partnership with Tailwater Capital, an energy-focused private equity firm based in Dallas, and Elevate’s financial sponsor. To carry out this new agreement, Elevate will build approximately 19 miles of 16-inch gas gathering pipelines, in addition to associated laterals. The project will include amine, dehy… Login or click here to subscribe Username or E-mail Password Remember Me     Forgot Password

Source: CSV Midstream Solutions

Paramount Resources Closes Sale of Karr 6-18 Nat Gas Facility

By Tyler Losier, Energy Reporter, Oil & Gas 360 Paramount Resources completes divestiture of its Karr 6-18 facility to CSV Midstream Solutions Paramount Resources Limited, a liquids-focused independent E&P based in Calgary, has completed the sale of its Karr 6-18 natural gas facility to CSV Midstream Solutions for a total of approximately $470 million. The consideration includes approximately $330 million in cash, plus $140 million in capital commitments to fund and complete a planned expansion of the facility. Proceeds from the transaction will be used by Paramount to reduce amounts drawn on the company’s $1.5 billion bank credit facility, which totaled $827.3 million as at March 31, 2019.   The Karr 6-18 natu… Login or click here to subscribe