News

The Latest News and Updates on Brazos Midstream

Brazos Midstream Announces Extension of Delaware Basin Gathering System to Support Processing Agreement with Shell Exploration & Production

• Project anchored by fifteen year, fee-based acreage dedications totaling 55,000 acres in the core of the Texas Delaware Basin  • Comanche III, a new, fully operational 200 MMcf/d natural gas processing plant, further enhances Brazos’ ability to respond quickly to growing producer customers’ needs  FORT WORTH, TX – June 12, 2019 – Brazos Midstream (“Brazos” or “the Company”) today…

Williams and Brazos Midstream Announce New Strategic Joint Venture in the Permian Basin

Partnership further enhances a best-in-class gathering and processing position to serve producers in the prolific Delaware Basin  TULSA, Okla. & FORT WORTH, Texas – Williams (NYSE: WMB) and Brazos Midstream (“Brazos”) today announced that they have agreed to enter into a joint venture (the “Partnership”) in the Delaware Basin. Under terms of the agreement, Williams will…

Brazos Midstream Completes Sale of Delaware Basin Subsidiaries to Morgan Stanley Infrastructure

FORT WORTH, TEXAS – Brazos Midstream Holdings, LLC (“Brazos” or the “Company”) and Old Ironsides Energy today announced the completion of its previously announced sale of the Company’s Delaware Basin subsidiaries to a subsidiary of North Haven Infrastructure Partners II (“NHIP II”) for $1.75 billion. NHIP II is an investment fund managed by Morgan Stanley Infrastructure…

Brazos Midstream Agrees to Sell Delaware Basin Subsidiaries to Morgan Stanley Infrastructure for $1.75 billion

FORT WORTH, TEXAS – Brazos Midstream Holdings, LLC (“Brazos” or the “Company”) and its financial sponsor, Old Ironsides Energy, today announced they have entered into a definitive agreement to sell its Delaware Basin subsidiary companies to North Haven Infrastructure Partners II (“NHIP II”) and related funds for approximately $1.75 billion in cash. Closing is expected in the…

Brazos Midstream Acquires Callon Petroleum Company’s Natural Gas Gathering System in Southern Delaware Basin

Callon’s strategically placed midstream assets further strengthen Brazos’ position in the core of the Delaware Basin Assets anchored by long-term dedications for Callon’s acreage under development with an anticipated ramp in activity during the 4th quarter Acquisition positions Brazos as one of the largest private natural gas and crude oil midstream companies in the region…

Brazos Midstream Announces Expansion of Credit Facility to $150 Million

Increased funds support expansion of ongoing operations in Southern Delaware Basin  Credit facility can be further expanded to $200 Million  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…

Brazos Midstream Announces New Growth Projects in Southern Delaware Basin

Completes approximately 150 miles of gas gathering pipelines, a 60 MMcf/d gas processing plant, 35 miles of crude oil gathering pipeline, and two crude oil storage terminals with a combined capacity of 50,000 bbls Commences construction of a new 200 MMcf/d gas processing plant to further support Brazos’ ongoing growth in the Delaware Basin Projects…

Brazos Midstream and Old Ironsides Partner to Pursue Midstream Investments

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…