Elevate Midstream Partners LLC announced the acquisitions of Woodland Midstream Partners LP and the assets of Orion Pipeline LLC, which consist of gas gathering, treating and processing assets in East Texas.
Through these acquisitions, the company has established a strong asset base in East Texas and will continue exploring additional opportunities for growth in and around the existing system. Following the completion of the transaction, Elevate will own and operate more than 180 miles of active pipelines, 19,000-horse power of compression, an 80 MMcf/d gas processing plant and related dehydration and NGL stabilization equipment.
The Woodland acquisition includes systems throughout both Texas and Louisiana, providing Elevate with an existing natural gas gathering, treating, compression and processing footprint.
Orion provides natural gas gathering, treating and compression services for production, also primarily from the Haynesville and Cotton Valley formations, in Western Panola and Eastern Rusk counties in East Texas. The Orion acquisition is a complementary asset base comprised of five systems that provide additional scale and the opportunity to drive synergies across the combined platform.