The largest midstreamer in the Texas Delaware will soon introduce its distinct energy brand to producers across the state line. Reese Energy Consulting today is following the latest from Houston-based Kinetic Holdings, which formed last year with the merger of EagleClaw Midstream and Altus Midstream. Since then, the combination of the two has proved fierce, giving rise to a “super-system” that manages multiple streams and 30 customers in the heart of the Texas Permian.
With nearly 2,000 miles of gathering and transmission pipe across five Texas counties, 2 BCFD of capacity, four cryogenic processing plants, crude oil storage, and water gathering and disposal capabilities, Kinetic is its own King Kong of gathering and processing in the only play in which it operates. But there’s more of that play yet to conquer that offers the company a new market, a new phase of long-term growth, and a new direction north. Kinetic’s expansion into N.M., will include 20 miles of natural gas pipeline extending from the company’s gathering system in Loving County, to Lea County, supported so far by two gathering and processing agreements—one with a new producer to move gas to the Gulf.
Concurrent with the new build, Kinetic also is expanding its Delaware Link project that flows residue gas from the Delaware to the Waha hub. The Texas-to-N.M., pipeline is slated for service in 1Q next year. Roar.