Mission Accomplished for Outrigger

Mission Accomplished for Outrigger

Booya!

Denver-based Outrigger Energy is the latest champ to complete a midstream project in N.D., on time, under budget, and despite COVID-19. Reese Energy Consulting today is following the latest news from Outrigger, which has finished construction of a new natural gas system in the Williston Basin. The project follows the company’s entry into the Williston last January when it signed a long-term gathering and processing agreement with XTO. Eight months after breaking dirt, Outrigger has finished construction of 80 miles of gas gathering pipe extending from Williams County to the new 250 MMCF Bill Sanderson Gas Processing Plant. Downstream pipe connections include the Northern Border Pipeline for residue gas and ONEOK’s NGLs system. Outrigger says plans also are underway for expansion of the processing facility that will offer 450 MMCFD of total gas capacity. Congratulations to the men and women who braved N.D.’s bone-chilling temps to bring this task to fruition. We’ll never complain about Okla.’s summer heat again.

Learn more about REC at www.ReeseEnergyConsulting.com.

Outrigger Energy

Outrigger Energy II LLC is a private, full service midstream energy company specializing in greenfield project development with current systems operating and under construction in the DJ and Williston Basins.  The company was formed in 2017 after Outrigger Energy LLC sold its assets to Targa Resources and Tallgrass Energy Partners.

www.outriggerenergy.com

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A Look in the Rear View, Part II

A Look in the Rear View, Part II

The oil and gas industry’s adaption of renewable energies quickened its pace in 2020 as producers, midstream operators, and refiners rolled out new initiatives and investments to power their operations and reduce emissions. Here’s a look at just a few. Houston-based Occidental, a longtime developer and investor of low-carbon technologies and fuels, announced this month it will design and build the world’s largest carbon capture facility in N.D. The company last Fall completed a 174-panel, 120-acre solar farm in the Permian, which now replaces all grid power and supplies all energy for Oxy’s Goldsmith oilfield operations. Tulsa-based midstream giant Williams in May announced it, too, would add solar to its natural gas transmission and processing operations in nine states. But oil refiners, in particular, have been left with little choice to accelerate their shift from fossil fuels to renewable sources. The fallout from COVID and ever-stringent emissions regulations have prompted the largest to the smallest refineries to convert feedstocks to biofuels, such as soybean oil, fats, and kitchen grease. Time to: adapt, re-think, survive.

What do you think? Learn more about our upstream, midstream, and downstream expertise at www.ReeseEnergyConsulting.com.

 

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Pinnacle’s Second Act

Pinnacle’s Second Act

Reese Energy Consulting today is following the latest news from Houston-based Pinnacle II, which is set to replicate its success as a savvy developer and operator of critical oil and gas infrastructure. In its first iteration as a portfolio company of private-equity firm Energy Spectrum Capital, Pinnacle constructed a Permian natural gas gathering and processing system and crude oil gathering and storage terminal, which included 100 miles of pipe, 30,000 Bbls of crude storage, and a 60 MMCFD processing facility. In short order, those assets were acquired by management and I Squared in 2017 and later by EagleClaw Midstream in 2018. Now in its second performance, Pinnacle II is ready to dance with a greenfield build of the Dos Picos Gathering system in the Midland Basin. Supported by a 15-year gas gathering, processing, and purchasing agreement with E&P DoublePoint Energy, Dos Picos will be built for rapid expansion. The initial system will include 50 miles of gathering lines, compression facilities, and access to third-party processing plants with an estimated completion by mid-2021.

 

Pinnacle Midstream II

Formed in early 2019, Pinnacle Midstream II LLC provides innovative, customer-focused services including natural gas gathering and processing, crude oil gathering and stabilization, crude oil transloading and storage services, produced water gathering and saltwater disposal wells, and product marketing and support. 

www.pinnaclemidstream.com

What do you think? Learn more about REC’s midstream services at www.ReeseEnergyConsulting.com.

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Staking a (Bigger) Claim in the San Andres

Staking a (Bigger) Claim in the San Andres

Stakeholder Midstream found its sweet spot four years ago in the Permian’s San Andres play when producers there were only starting to discover the formation’s new potential with applied horizontal drilling. Reese Energy Consulting today is following the latest moves by San Antonio-based Stakeholder, which quickly set its sights on the San Andres and the need for more gathering infrastructure as crude volumes began to surge. The company first constructed a crude system in 2017 that included 90 miles of pipe, a storage terminal, and multiple downstream pipeline connections. An expansion followed a short year later with the addition of more gathering lines, pump stations, and storage capacity. At the same time, Stakeholder announced it would build a gas gathering, treating, and processing system that would address the inherent challenges of the San Andres’ sour gas stream. But this independent wasn’t done yet. After acquiring and integrating a second crude oil gathering system in August, Stakeholder now has purchased the San Andres gas gathering and processing assets from Santa Fe Midstream. And staking another claim in the neighborhood it knows best.

 

Stakeholder Midstream

Stakeholder Midstream is dedicated to solving problems and creating value for our customers. Our experienced team has a strong history of execution through all key phases of the midstream value chain. Stakeholder’s goal is to build enduring relationships with all constituents based on hard work, trust, ethical behavior and equitable dealings. Supported by a significant equity commitment from EnCap Flatrock Midstream, we have the ability to move quickly to provide the infrastructure solutions and services that our customers require.

www.stakeholdermidstream.com

What do you think? Learn more about our midstream services and expertise at www.ReeseEnergyConsulting.com.