After wrapping up two major pipeline projects this year, Austin-based WhiteWater Midstream has taken a short break to make a pipeline acquisition. Reese Energy Consulting today is following the latest news from WhiteWater, which now will buy the Gateway Pipeline from Houston’s Sendero Midstream for an undisclosed sum. The 24-mile Gateway extends from Reeves County into the Carlsbad area and is already connected to WhiteWater’s Agua Blanca system, which began service ahead of schedule in January. The 200-mile Agua Blanca transports 3 BCFD of natural gas to 20 processing sites in the Midland/Delaware to the Waha Hub in West Texas. WhiteWater in July announced service on the 450-mile Whistler Pipeline, which flows up to 2 BCFD from the Waha to the Agua Dulce Hub in South Texas and includes a 50-mile lateral at Waha with a direct connection to the Agua Blanca. Next on tap for WhiteWater is the BANGL (Belvieu Alternative NGL), a 600-mile gas liquids pipeline that will move an initial 125,000 BPD from the Midland/Delaware to fractionators in Old Ocean, Texas.
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WhiteWater is a management owned, Austin based infrastructure company founded in 2016. WhiteWater is partnered with multiple private equity funds and direct investors. Since inception, WhiteWater has reached final investment decisions on ~$3 billion in greenfield development projects.