Moda Midstream LLC

About

Moda Midstream LLC is a liquids terminaling and logistics company that provides independent terminal, storage and distribution solutions to refiners, petrochemical manufacturers, marketers and producers of crude oil, condensate, NGL, refined products and other bulk liquids. Moda concentrates on providing safe, reliable solutions to third parties. Moda’s mission is to be the logistics and terminaling provider of choice. Moda is backed by EnCap Flatrock Midstream.

Editor's note: Updated Sept 7, 2021.

Headquarters Address

Houston, TX
United States

New Financings

Report Date Type Amount (MM) Description
2015-03-17 Moda Midstream LLC - 2015-03-17 Equity $750.00

Received commitments from private-equity firm EnCap Flatrock Midstream.

News

The acquisition of Moda Midstream, which includes 100% operating interest in the Ingleside Energy Center—North America’s largest crude…

On the Gulf Coast, storage facilities and pipelines are moving forward. Elsewhere, COVID-19 and the courts are causing headaches.

Executives and politicians discuss ways to position the industry for the coming rebound.

Storage in the two terminals now totals about 12 MMbbl.

The company’s CEO describes how its terminal in Ingleside, Texas, connects the Permian Basin to the largest crude oil carriers in the…

Transactions

Report Date Amount (MM) Description
2021-09-07 $3,000.00

Enbridge Acquires EnCap Flatrock-backed Moda Midstream in $3 Billion Cash Deal

Enbridge Acquires EnCap Flatrock-backed Moda Midstream in $3 Billion Cash Deal

Report Date Amount (MM) Description
2018-08-08

Oxy Sells Terminal, Pipeline In 2 Deals Worth $2.6 Billion

Oxy Sells Terminal, Pipeline In 2 Deals Worth $2.6 Billion