EagleClaw Midstream Announces Final Investment Decision on Delaware Link Pipeline, Expected In-Service Date for Pecos Bend IV Processing Facility, and Management Succession
EagleClaw Midstream is now the largest pure-play, privately-held Delaware Basin midstream business, after its concurrent acquisition of Caprock Midstream Holdings and Pinnacle Midstream, which were announced today. History of planned $950 million acquisition The planned acquisition of Caprock Midstream was publicly proposed in September. EagleClaw Midstream is a portfolio company of Blackstone Energy Partners. According to its September statement,
Kinder Morgan and EagleClaw announce FID for Permian Highway pipeline project Kinder Morgan (ticker: KMI) and privately held EagleClaw Midstream have announced a Final Investment Decision on the Permian Highway pipeline (PHP) today, as oil and gas producers and midstream companies continue to react to the massive production growth coming out of the Permian basin. The PHP will provide relief
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