EagleClaw Midstream News
EagleClaw Midstream Ventures to Acquire PennTex Permian
August 4, 2016 EagleClaw Midstream MIDLAND, Texas – August 4, 2016 – EagleClaw Midstream Ventures, LLC (“EagleClaw”) announced today that the company has entered into a definitive agreement to acquire PennTex Permian, LLC (“PennTex Permian”) a wholly owned subsidiary of PennTex Midstream Partners, LLC. Primarily located in Reeves County, Texas, PennTex Permian’s assets include a cryogenic processing plant with the capacity to process 60 million cubic feet of natural gas per day (MMcf/d), approximately 90 miles of gathering […]
New Permian Plant Positions EagleClaw For Takeoff
May 4, 2016 Midstream Business The May 3 commissioning of its Toyah I Natural Gas Processing Plant in the heart of the Permian Basin positions EagleClaw Midstream to take advantage of the booming core of the play as well as near-future exports to Mexico. PDF
EagleClaw Midstream Ventures Commissions Cryogenic Processing Plant in Reeves County, Texas
May 3, 2016 EagleClaw Midstream MIDLAND, Texas – May 3, 2016 – EagleClaw Midstream Ventures, LLC, a subsidiary of EagleClaw Midstream Services, LLC (“EagleClaw”), today announced that the company has commissioned its Toyah I Natural Gas Processing Plant in Reeves County, Texas. The cryogenic plant has the capacity to process 60 million cubic feet (MMcf/d) of natural gas per day and serves producers in the Permian’s Delaware Basin targeting stacked pay zones including the Upper and Middle […]
EagleClaw Midstream Services, LLC Acquires East Toyah Natural Gas Gathering and Processing System In Reeves County, Texas
December 9, 2014 EagleClaw Midstream Private equity commitments to EagleClaw reach $200 million. EagleClaw commissions its Northwest Toyah Natural Gas Gathering and Processing System in Reeves County. EagleClaw secures acreage dedications from Silverback Exploration, LLC and Elevation Resources Holdings, LLC. MIDLAND, Texas – December 9, 2014 – EagleClaw Midstream Services, LLC (“EagleClaw”) announced today that the company has closed on the purchase of natural gas gathering and processing assets in Reeves County, Texas. These assets include more […]
Technology indicates Permian may have triple the oil believed in place
December 13, 2014 Midland Reporter-Telegram Technological advances are rewriting what experts thought they knew about Permian Basin oil fields. None more so than work now being done on residual oil zones, experts say. “For probably 60 years, we’ve used 100 billion barrels of oil in place in the Permian Basin, based on existing oil fields,” said Robert Trentham, director of the University of Texas of the Permian Basin’s Center for Energy and Economic Development. Of […]
Tech: Permian Basin oil impact more than $137 billion
September 4, 2014 Midland Reporter-Telegram It’s not a secret that the oil and gas industry has an impact on Midland County and the Permian Basin. But on Thursday, Texas Tech University released a study which attached figures to that impact. — A $42 billion economic impact in Midland County. — $137 billion in economic output generated in the 46 counties of the Permian Basin in 2012. — More than 546,000 jobs sustained in the Permian […]
Texas boasts the two most active spots for oil-and-gas drilling rigs
July 14, 2014 San Antonio Business Journal The number of rigs exploring for oil and gas in South Texas’ Eagle Ford Shale increased by five this week to 218, according to a weekly count by Houston-based oilfield services giant Baker Hughes. Texas — the state with the largest number of active drilling rigs — gained two during the week, increasing its total to 898. More than half of those were located in West Texas’ Permian Basin, […]
Midstream Indies Seize Opportunities
October 2012 Midstream Business Plenty of startup midstream companies are expected to come out of the gate in coming years, and there’s good reason for it. Bigger doesn’t always mean better. Just ask some of the new, private-equity funded midstream companies emerging in the sector. They’re capitalizing on the abundance of advantages small startups have above the public midstream giants, which largely dominate the space. Take EagleClaw Midstream Services LLC, for instance. The newly formed […]
EagleClaw Midstream Services, LLC Forms With $100 Million Equity Commitment From EnCap Flatrock Midstream
August 7, 2012 EagleClaw Midstream Company will focus operations in the Permian Basin in West Texas and Southeast New Mexico MIDLAND, TX – August 7, 2012 – EagleClaw Midstream Services, LLC announced today that the company has secured a $100 million equity commitment from EnCap Flatrock Midstream of San Antonio. EagleClaw provides natural gas and crude oil producers in the Permian Basin with a wide array of midstream services including gathering, compression, treating, processing and transportation. The […]
EnCap Flatrock Midstream Exceeds Capital Target, Closes Fund II at $1.75 Billion Hard Cap
July 31, 2012 EnCap Flatrock Midstream SAN ANTONIO, TX – July 31, 2012 – EnCap Flatrock Midstream, LLC announced the final closing of its second private equity fund, EnCap Flatrock Midstream Fund II, L.P., (EFM II) with total capital commitments of $1.75 billion. The fund exceeded its $1.25 billion target and was significantly oversubscribed to reach its hard cap thanks to strong support from the firm’s existing investors along with new commitments from a number […]