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

Email

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
Emissions, Energy Transition, Shale Plays, Midstream
Lucid to Develop Largest CCS Project in the Permian Basin

Lucid Energy Group received EPA approval on Jan. 11 for its plan for the sequestering of CO₂ from its Red Hills gas processing complex…

People, Midstream
Forty Under 40: Tim Magliaro, Lucid Energy Group

Today’s featured Forty Under 40 honoree is Tim Magliaro, vice president of business development at Lucid Energy Group who has over 15…

Investment, Infrastructure, Construction
Midstream Projects: Gulf Coast Leads the Way in Second Quarter

Many projects away from the coast, however, are beset by delays.

Shale Plays, Gathering & Processing, Construction
Lucid Energy Group Brings New Permian Basin Cryogenic Plant Onstream

The Red Hills V cryogenic processing plant marks the fifth major natural gas processing plant Lucid Energy Group has commissioned…

Investment, Exploration & Production, Midstream, Pipelines
Long-haul Capacity From The Permian Is Close To Pulling Even With Production

Some overshot is expected, but then a whole new set of pipes may be needed.

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