Goodnight Midstream – Oil & Gas 360

Goodnight Midstream announces closing of private placement, new revolving credit facility

June 14, 2022

Yahoo Finance DALLAS, June 13, 2022 /PRNewswire/ — Goodnight Midstream LLC (“Goodnight”), a leading midstream produced water infrastructure company, today announced the completion of the sale of $325 million of Senior Notes in a private placement to EIG and Crestline Investors. Concurrent with the private placement, Goodnight announced the successful closing of a $100 million Revolving Credit Facility led by Wells Fargo Bank, N.A., along with

Goodnight Midstream announces the execution of a 100 percent renewable energy contract with TXU Energy

June 7, 2021

Supports Goodnight Midstream’s Commitment to Significantly Reducing CO2 Emissions TXU Energy to Supply Goodnight with Clean Renewable Energy DALLAS, June 3, 2021 /PRNewswire/ — As part of its ongoing efforts to reduce greenhouse gas emissions, Goodnight Midstream LLC (“Goodnight”), a leading midstream produced-water infrastructure company, today announced that it has signed a 100 percent renewable energy contract with TXU Energy, a premier retail

Tailwater Capital Commits $500 Million to Goodnight Midstream

October 8, 2019

Continued Partnership Provides Growth Capital to Scale Platform and Meet Increasing Demand for Produced Water Infrastructure Goodnight Midstream (“Goodnight” or the “Company”), a leading produced water midstream infrastructure company, today announces the closing of a significant capital investment and an incremental commitment from Tailwater Capital LLC (“Tailwater”), an energy-focused private equity firm based in Dallas, which has been an investor in

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$930-Million Water Acquisition: TPG Capital Acquires Goodnight Midstream from Tailwater Capital, Private Investors

March 14, 2019

Transaction provides Goodnight Midstream access to $300 million incremental capital to accelerate growth TPG Capital, the private equity platform of global alternative asset firm TPG, has signed a definitive agreement to acquire a majority stake in Goodnight Midstream, a leading midstream produced water infrastructure company, from Tailwater Capital for approximately $930 million. TPG is acquiring the company from Tailwater Capital

Goodnight Midstream Places Two Produced Water Pipelines into Service

February 5, 2019

Goodnight Midstream Places Llano and Rattlesnake Pipeline Systems into Service

Largest Energy IPO of 2019 - Oil & Gas 360

Oilfield Company Goodnight Midstream Considers Sale or IPO

November 28, 2018

From Bloomberg Goodnight Midstream LLC, a pipeline operator that helps oil and gas explorers dispose of water used in drilling wells, is considering a sale or initial public offering, according to people familiar with the matter. The Dallas-based company, which is backed by private equity firm Tailwater Capital, is working with an adviser to evaluate an IPO in 2019, said the people, who

Bakken: Goodnight Midstream Expands Ops in North Dakota

March 6, 2018

Goodnight Midstream, LLC will be adding five new saltwater disposal wells and 50 miles of produced water gathering pipeline to its network of produced water gathering and disposal facilities in North Dakota. Over the last year, Goodnight drilled and completed four salt water disposal (SWD) wells – the Galaxy, Quale, Knoll and Boehm SWD wells. The company also acquired the

Goodnight Midstream Produced Water Pipeline Enters Open Season

February 8, 2018

Goodnight Midstream Permian, LLC is conducting a binding open season to provide an opportunity for producers to enter into long-term contractual commitments for Goodnight’s Llano Produced Water Pipeline System. The pipeline will be constructed in Lea County, New Mexico. The open season will commence on February 8, 2018 and close on March 30, 2018. The Llano Pipeline will transport produced

The Crucial Importance of Water Handling in Oilfield Operations – An Oil & Gas 360® Special Report

November 13, 2017

Water is not a traded commodity in the U.S., like iron ore, copper or coal, but it has become a critical factor to the companies that produce oil and gas from North America’s shale basins One of the biggest environmental and oil and gas production cost factors in the ongoing development of the U.S.’s massive shale basins is how the

Goodnight Midstream Announces Multi-Year Contract with Callon Petroleum Company

September 13, 2017

Goodnight Midstream announced a multi-year partnership to provide pipeline disposal service for Callon Petroleum Company (Ticker: CPE) in the southern Delaware Basin. Goodnight Midstream will build, own and operate a produced water pipeline connecting Callon’s Spur acreage in Ward County, Texas to saltwater disposal wells in the Central Basin Platform. Goodnight Midstream said volumes of disposed water would be transported to the Central Basin Platform, which is

Tailwater Capital Announces $80 Million Commitment to Goodnight Midstream

August 10, 2016

Tailwater Capital makes investment into water-handling and disposal company Dallas-based private equity firm Tailwater Capital announced an $80 million initial equity commitment to Goodnight Midstream today. Goodnight Midstream, formerly 1804 Operating, provides water handling and salt water disposal to oil and gas companies, and plans to use the capital to further develop water gathering and disposal facilities in North Dakota,

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