FORT WORTH, TEXAS – Brazos Midstream Holdings, LLC (“Brazos”) (“The Company”) today announced that subsidiaries of The Company have closed on the purchase of a natural gas gathering system from Callon Petroleum Company (NYSE: CPE) (“Callon”). As part of the acquisition, Brazos signed a long-term, fee-based agreement with Callon for gas gathering and processing services for…
Midstream investment is rising alongside Permian Basin oil and gas production, particularly in the Delaware Basin. Growth challenges midstream companies such as Brazos Midstream Holdings LLC to stay a step ahead and add infrastructure, said Brad Iles, chief executive officer.
Fort Worth-based Brazos Midstream isn’t your typical midstream company. Actually, in today’s energy industry there is no typical midstream company. Few, if any, are identical, and their mixture of assets can change almost daily, depending on business conditions and the management team’s strategy.
Capital may never have been cheaper or easier to find. That’s the good news for midstream executives focused on growth prospects for an expanding and changing energy sector. But wait a minute: Oil prices—-sagging under $50 once again—-still hover on the low end of the scale and brimming storage threatens to pitch those prices over…
FORT WORTH, TEXAS – Brazos Midstream Holdings, LLC (“Brazos”) (the “Company”) today announced that its subsidiary, Brazos Delaware LLC, has completed an expansion of its senior credit facility to $150 million in commitments from a syndicate of banks. Additionally, the facility has an accordion feature, which can expand total commitments to $200 million. These funds support…
Even with the departure of many workers from XTO Energy, Fort Worth remains an energy powerhouse. But most companies here focus on exploration and production, not midstream. That’s not the case with Brazos Midstream Holdings LLC, a midstream company that has its sights on crude oil gathering, natural gas gathering and processing, compression, treating, water…
As the pace of drilling continues to gather speed in the Delaware Basin, attendees of the recent Midstream Texas conference hosted by Hart Energy heard three private equity-backed midstream players discuss their plans to expand capacity and work around potential bottlenecks.
A multibillion-dollar flurry of consolidation swept across the remote Delaware Basin last year, putting much of the acreage in the hands of longer-term developers. Now, on the cusp of full-out development, how do buyers plan to take it to the next level?
FORT WORTH, TEXAS – Brazos Midstream Holdings, LLC (“Brazos”) (“The Company”) today announced the completion of multiple crude oil and gas gathering and processing projects in the southern Delaware Basin, one of the most active oil and gas producing basins in the United States. Brazos commenced operation of a new 60 million cubic feet per day…
FORT WORTH, Texas—Fort Worth-based Brazos Midstream Holdings, LLC (“Brazos”) today announced that it has partnered with Old Ironsides Energy, LLC (“Old Ironsides”), a leading independent oil and gas investment manager, to pursue the acquisition and development of midstream assets in the United States. The Brazos management team possesses broad energy experience across all commodities and…
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