Lucid Energy Group LLC
About
Lucid Energy Group is the largest privately held natural gas processor in the Permian Basin, providing the full range of gas midstream services to more than 50 customers in New Mexico and West Texas. Lucid is supported by growth capital commitments from a joint venture formed by Riverstone Global Energy and Power Fund VI LP, an investment fund managed by Riverstone Holdings LLC, and investment funds managed by the asset management division of The Goldman Sachs Group Inc.
Editor's note: Updated March 25, 2021.
Headquarters Address
3100 McKinnon St., Suite 800
Dallas, TX 75201
United States
Website
www.lucid-energy.comNew Financings
Completed refinancing and expansion of its two senior revolving credit facilities. The additional…
Midstream service company secured equity from EnCap Flatrock Midstream and its management team. Lucid…
News
Targa Resources’ acquisition of Lucid Energy in the Permian Basin from Riverstone Holdings and Goldman Sachs follows the company’s $…
Lucid Energy Group received EPA approval on Jan. 11 for its plan for the sequestering of CO₂ from its Red Hills gas processing complex…
Today’s featured Forty Under 40 honoree is Tim Magliaro, vice president of business development at Lucid Energy Group who has over 15…
Many projects away from the coast, however, are beset by delays.
The Red Hills V cryogenic processing plant marks the fifth major natural gas processing plant Lucid Energy Group has commissioned…
Transactions
Targa Resources to Acquire Lucid Energy in $3.55 Billion Cash Deal
Targa Resources to Acquire Lucid Energy in $3.55 Billion Cash Deal
Lucid Energy To Sell Delaware Basin Subsidiary To Riverstone Holdings, Goldman Sachs For $1.6 Billion
Lucid Energy To Sell Delaware Basin Subsidiary To Riverstone Holdings, Goldman Sachs For $1.6 Billion
Evolution Midstream To Acquire Powder River Gas Gathering Assets From Lucid
Evolution Midstream To Acquire Powder River Gas Gathering Assets From Lucid
Centurion Midstream Acquires Oil Transport Business From Agave Energy
Centurion Midstream Acquires Oil Transport Business From Agave Energy