When four young oil and gas bucks launched a small midstream startup in 2014, all eight eyeballs were focused on setting up camp in the Permian Delaware. To say a lot has changed since then, especially in the last five years, would be a gross understatement when describing Fort Worth-based Brazos Midstream. ...
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Less than a month ago, Dallas-based San Mateo Midstream, a joint venture between Matador Resources (51%) and Five Point Infrastructure (49%), inked a $752 million deal to make Cardinal Midstream Partners its own. A slick move indeed for Matador, which happens to be the anchor customer of San Mateo and—at the time—also happened to have other Delaware plans in store....
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It’s already a beautiful week in the neighborhood with news of fresh midstream acquisitions and an announced plan to build a pipeline dedicated to flowing fuel to power rocket ships. ...
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Some small-town Texas boys working as farmhands on family land have dreams of something bigger or altogether different for their future. Mike Howard was one of those back in his childhood....
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And just like that, another burst of midstream news has seized the limelight and it’s hard to ignore. ...
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Hunters and gatherers might have aptly described Brazos Midstream upon its founding back in 2014. That would have meant hunters of infrastructure assets to gather, treat, and process crude oil and natural gas in the Permian basin....
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