In our newest series The Operators, RMR takes a look at the small and mid-size midstream companies making a critical difference across the nation’s most prolific basins to keep crude, natural gas and NGLs flowing from the wellhead to markets at home and abroad.
For the three-person management team of Houston-based Canyon Midstream, natural gas gathering, processing, transportation and marketing lie at the core of its operations in Texas and Okla. But let’s take a step back.
Canyon Midstream Partners, LLC (CMP) is an independent midstream company that provides gathering, treating, processing, transportation and marketing services in North American producing regions.
Founded in 2012, this midstreamer brought together three wizards from Laser Midstream and, later, Delphi Midstream Partners, which was sold in 2012 by NY-based private-equity firm American Securities. Gets a bit confusing here, but context is important so hang in. Delphi, via American Securities, in 2012 sold its Laser Northeast Gathering Company and other midstream businesses to Tulsa-based Williams Partners for $750 million. Williams has a major thang there in the Northeast called the Transco Pipeline. The Laser’s 39 miles of gas pipeline and gathering system in Susquehanna, Pa., led to Williams’ creation of the Susquehanna Supply Hub, connecting Laser with Williams’ Transco system. Boop!
So, back to Canyon whose senior management built the Laser. This midstreamer currently operates:
- The Redcliff Midstream project, which operates in Okla.’s STACK play, and consists of a 200 MMCFD gas plant, 155 miles of gathering line, and five compressor stations, delivering residue gas to ANR and Southern Star, and NGLs to ONEOK.
- The Trinity River Midstream project, which includes a 21-mile gas-gathering system and surface site in Houston and Madison Co., in Texas. In response to increased producer activity, Canyon is upgrading its gathering system and constructing an expandable 30 MMCFD gas processing facility to recover NGLs.
Canyon Midstream Partners is led by:
- Michael Walsh, President and CEO
- Dale Harper, SVP of Engineering and Operations
- Mark Fuqua, PE, SVP of Commercial and Business Development
Let us know what you think.