Business – April 2019

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First Infrastructure Capital_Whitewater

First Infrastructure Capital will acquire WhiteWater, including its 60% stake in Agua Blanca, a Delaware Basin intrastate natural gas pipeline system. Agua Blanca is a natural gas residue pipeline servicing the Delaware Basin. The system consists of about 90 miles of 36-inch pipeline and 70 miles of smaller diameter pipeline, crossing portions of West Texas.


Businesses Making News

Clear Creek Midstream secured an initial venture capital commitment of $300 million from EnCap Flatrock Midstream. Clear Creek is an independent energy company focused on the development of midstream infrastructure for oil and gas producers working in shale plays across North America.   

Phillips 66 Partners and Kinder Morgan began a joint open season by Gray Oak Pipeline and Kinder Morgan Crude & Condensate (KMCC) to provide shippers with long-term crude oil transportation from Gray Oak Pipeline origin points in the Permian Basin to KMCC delivery points at or near the Houston Ship Channel under a binding joint transportation services agreement. Delivery from the Gray Oak Pipeline to the Houston Ship Channel would be achieved through a connection in South Texas.

Quorum Software will acquire Houston-based energy measurement services company Coastal Flow Measurement, including its information services and technologies subsidiary, Flow-Cal.

Zahroof Valves, makers of values used in gas gathering, is relocating and expanding its reciprocating compressor valve operations to a facility in Houston, where the warehouse and manufacturing centers will be in the same building.

Solaris Water Midstream’s flagship Pecos Star System has begun recycling operations and has added new acreage and volume commitments that support a major expansion of the system. Located in the heart of the Permian Basin in Eddy and Lea counties in New Mexico, and Culberson and Loving counties in Texas, the system serves numerous oil and gas producers working in the Delaware Basin.   

Hess Midstream Partners subsidiary Hess North Dakota Pipelines agreed to purchase the crude oil and gas gathering assets of Summit Midstream Partners’ Tioga Gathering System in Western Dakota for about $60 million gross – $12 million net to Hess Midstream. The crude oil and gas gathering assets include 73 miles of crude pipelines and 79 miles of gas pipelines.


People Making News

McColley

Kirby-Smith Machinery promoted Seth McColley to vice president of Human Resources. In his new role, McColley will lead strategy, rewards, talent management, recruiting and leadership development, while also creating an integrated team to strengthen the culture for the company’s 500 employees in 11 branches in Oklahoma, Texas, Kansas and Missouri. He brings more than 22 years of human resources experience to his new role.

Ruben E. Esquivel retired from Atmos Energy’s Board of Directors. He joined the board in 2008 and served as chairman of its Work Session/Annual Meeting Committee since 2017. He served as president and CEO of the company in 1985 and Vice Chairman in 1994.

Plains All American Pipeline made a series of management changes with Jeremy Goebel, commercial senior group vice president, being appointed to executive vice president of the group. Chris Chandler, strategic and planning vice president, was appointed to executive vice president and chief operating officer. 

Midstream veteran I.J. “Chip” Berthelot, II launched Laser Midstream Energy, his fourth private equity-backed midstream venture in two decades. The new company is being financed by an equity commitment from Energy Spectrum Capital. Laser Midstream will acquire, build and expand natural gas, oil and water transportation assets, focusing on multiple basins for opportunities.

Russell

Cavalcade Midstream hired energy industry veteran Tom Russell as its chief financial officer. Most recently, Russell was vice president of Corporate Development at NuStar Energy. He also worked at Valero Energy in various roles.

The UGI Board of Directors elected Kelly A. Romano as director of UGI Corporation. She was also elected to the board of UGI Utilities, a wholly owned subsidiary. Romano is the founder and CEO of BlueRipple Capital, a consultancy firm focused on strategy, acquisitions, deal structure, and channel development for high technology companies.   

Paula Gant joined GTI as senior vice president, Corporate Strategy & Innovation. She will have leadership roles in formulating strategy, innovation and global development as GTI deploys energy and environmental solutions.

Engineering services firm Stress Engineering Services promoted Kenneth Bhalla to chief technology officer. Previously, he led the company’s drilling, completion and intervention systems sub-practice and was one of the key architects of the company’s Realtime Fatigue Monitoring System.


Organizations Making News

Tessel

Pipeline research organization PRCI promoted Natalie Tessel to director of Brand and Member Engagement. She has been with PRCI for 14 years and led many of the organizations initiates.

Blount

Colonial Pipeline President and CEO Joseph A. Blount Jr. has been appointed to the National Petroleum Council (NPC) Committee on U.S. Oil and Natural Gas Transportation Infrastructure. The NPC provides advice for the U.S. Secretary of Energy office.

NACE International, the nonprofit association for corrosion expertise and education, launched its redesigned website, www.nace.org. Based on feedback from frequent users and customers, the new site features enhanced tools and search functions, intuitive navigation to help users quickly locate information, and mobile functionality and responsive design.