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

New Financings

Report Date Type Amount (MM) Description
2017-03-14 Lucid Energy Group Debt $1,450.00

Completed refinancing and expansion of its two senior revolving credit facilities. The additional…

Report Date Type Amount (MM) Description
2016-03-23 Lucid Energy Group II LLC - 2016-03-23 Equity $350.00

Midstream service company secured equity from EnCap Flatrock Midstream and its management team. Lucid…

News

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…

 Lucid is planning to develop its next cryogenic processing plant, Red Hills V, following the anticipated commissioning of the 230…

If the Permian’s Midland Basin is hot, the Delaware must be sizzling.

Transactions

Report Date Amount (MM) Description
2018-01-08 $1,600.00

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

Report Date Amount (MM) Description
2018-01-08 $1,600.00

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

Report Date Amount (MM) Description
2017-06-05

Evolution Midstream To Acquire Powder River Gas Gathering Assets From Lucid

Evolution Midstream To Acquire Powder River Gas Gathering Assets From Lucid

Report Date Amount (MM) Description
2017-04-18

Centurion Midstream Acquires Oil Transport Business From Agave Energy

Centurion Midstream Acquires Oil Transport Business From Agave Energy

Report Date Amount (MM) Description
2017-04-18

Centurion Midstream Acquires Oil Transport Business From Agave Energy

Centurion Midstream Acquires Oil Transport Business From Agave Energy