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Pinnacle Midstream LLC

About

Pinnacle Midstream II is an independent energy company that provides a full suite of midstream services to oil and gas producers across North America. Headquartered in Houston, Pinnacle is led by a team of seasoned industry professionals who together have more than 75 years of experience in the energy industry, all of which previously led and divested the Pinnacle Midstream LLC western Delaware platform. Pinnacle is backed by a significant equity commitment from management and Energy Spectrum Partners VIII LP.

Headquarters Address

Houston, TX
United States

Transactions

Report Date Amount (MM) Description
2021-04-23 CA$344.00

Canada’s AltaGas Monetizes US Transportation and Storage Business

Canada’s AltaGas Monetizes US Transportation and Storage Business

Report Date Amount (MM) Description
2018-11-02 --

I Squared Capital Joins Permian Highway Pipeline Partnership In Delaware Basin

I Squared Capital Joins Permian Highway Pipeline Partnership In Delaware Basin

Report Date Amount (MM) Description
2018-11-02 --

I Squared Capital Joins Permian Highway Pipeline Partnership In Delaware Basin

I Squared Capital Joins Permian Highway Pipeline Partnership In Delaware Basin

Report Date Amount (MM) Description
2017-10-24 --

BP Energy Partners To Sell Pinnacle Midstream To I Squared Capital

BP Energy Partners To Sell Pinnacle Midstream To I Squared Capital

2100-10-01 $000.00

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2100-10-01 $000.00

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2100-10-01 $000.00

This content is locked until you subscribe

2100-10-01 $000.00

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Locked Data

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New Financings

Report Date Type Amount (MM) Description
2019-04-09 Pinnacle Midstream LLC Equity --

Pinnacle Midstream II LLC announced a significant equity capital commitment from management and…

Report Date Type Amount (MM) Description
2015-01-08 Pinnacle Midstream LLC - 2015-01-08 Equity $20.00

Private-equity fund BP Natural Gas Opportunity Partners LP committed equity for Pinnacle’s acquisition…

2100-05-23 Transaction $888.88

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2100-05-23 Transaction $888.88

This content is locked until you subscribe

2100-05-23 Transaction $888.88

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Locked Data

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Instantly unlock over 15 years of A&D transactions and financing data.

News

Pinnacle Midstream to Double Midland Basin Gas Processing Complex

Dos Picos’ Train II, targeted for commercial operation during fourth-quarter 2024, will add 220 MMcf/d of processing capacity in the Midland Basin.

BCCK to Build Permian Nitrogen Rejection Unit for Pinnacle Midstream

“We are delighted to partner with Pinnacle Midstream on this project, which will allow us to further showcase BCCK’s gas processing and nitrogen removal expertise as well as our exceptional construction skills,” Greg Hall, executive vice president at BCCK, said.

In Midland Basin, it’s Growth O’clock

Pinnacle Midstream II LLC’s Dos Picos processing plant will respond to increased gas production in the short term, but the world is expected to demand even more over the long term.

Pinnacle Midstream Finalizes Development of Midland Basin Gas Processing Complex

Construction of the gas processing facility in Midland County, Texas, initiates Phase II development of Pinnacle Midstream’s Dos Picos System in the Midland Basin.

Midstream Business Pinnacle II Executive Q&A: Starting in the Midland Basin

Pinnacle Midstream founder Greg Sargent is confident in the Permian Basin and the industry’s ability to “conform and prosper as we always have” to new conditions and regulations.

Pinnacle Midstream II to Build New Permian Gas Gathering System Anchored by DoublePoint

In addition to supporting the extensive multiwell pad development taking place in the Midland Basin, Pinnacle Midstream II said the gas gathering system, named Pinnacle Dos Picos, was designed with expansion in mind.

Forty Under 40: Drew Ward, Pinnacle Midstream

Today’s featured Forty Under 40 honoree is Drew Ward, partner and chief commercial officer at Pinnacle Midstream II whose path to leadership began with rough-necking offshore for Nabors.

Energy Spectrum Backs Pinnacle Midstream After Recent Delaware Basin Exit

The midstream company received a “significant equity capital commitment” from management and Energy Spectrum Capital, though didn’t disclose the value, to form Pinnacle Midstream II.