Our History

In late 2014, Brazos Midstream was founded by Chief Executive Officer Brad Iles; Chief Financial Officer William Butler; Chief Commercial Officer Stephen Luskey; and Chief Operating Officer Ryan Jaggi.

Brazos announced it had partnered with Old Ironsides Energy, LLC to pursue the acquisition and development of midstream infrastructure across the United States, focusing on the development of crude and natural gas gathering, treating and processing assets.

Through the combination of several acquisitions, including Jetta Operating Company’s midstream assets and other greenfield projects, Brazos began to assemble a strong footprint in the Southern Delaware Basin.

Brazos announced the completion of several new growth projects in the Southern Delaware Basin. These included approximately 150 miles of natural gas gathering pipeline, a 60 MMcf/d natural gas processing plant named Comanche, 35-miles of crude oil gathering pipeline, and two crude oil storage terminals with a combined capacity of 50,000 bbls. Brazos also announced it had begun construction on a new 200 MMcf/d natural gas processing plant named Comanche II to further support the company’s ongoing growth in the region.

Later that year, Brazos announced it had expanded its credit facility to $200 million, which supported the expansion of ongoing operations in the southern Delaware Basin.

Brazos also announced the acquisition of midstream assets from Callon Petroleum Company, which positioned the company as one of the largest privately held natural gas and crude oil midstream companies in the Delaware Basin.

In January, the Comanche II processing plant became fully operational bringing the company’s total processing capacity in the region to 260 MMcf/d. Additionally the company accelerated construction plans for Comanche III, another 200 MMcf/d processing plant, to meet producer processing demand in the region.

In April, Brazos announced they had agreed to recapitalize the business and sell all the company’s Delaware Basin assets to Morgan Stanley Infrastructure for $1.75 billion. The Brazos management team remained intact, and the deal closed in May.

In late 2018, Brazos announced a new strategic joint venture with Williams to further enhance a best-in-class gathering and processing position in the Delaware Basin. The company’s asset position now included over 725 miles of gas gathering pipelines, 75-miles of crude oil gathering pipelines, 75,000 barrels of oil storage, and 260 MMcf/d of natural gas processing with another 200 MMcf/d of capacity under construction.

Brazos completed the Comanche III processing plant in early 2019, which brought the company’s total processing capacity to 460 MMcf/d. 

Brazos also announced new gathering and processing agreements with Shell Exploration and Production to construct an additional natural gas gathering system located in the core of the Delaware Basin. 

Brazos Delaware acquired the Pecos Gas Gathering System from Diamondback Energy and its midstream affiliate Rattle Midstream. The company has operated this system on behalf of Diamondback and Rattler since 2017 and expanded the Pecos system to provide additional natural gas gathering and processing services for Diamondback’s ongoing development as well as connections to new third-party producers in the area.

Brazos Midland acquired the Mustang Springs Gathering System located in the Northern Midland Basin from Diamondback Energy. This system was also expanded to serve both Diamondback and other producers’ significant growth plans in the area.

Brazos positioned the company to expand in the Midland Basin, including a new natural gas processing plant and associated midstream infrastructure. Construction on the plant began in 2023 and is expected to be completed in early 2024.