Sale of Energy Transfer Partners’ compression unit further consolidates the sector.
Joseph Markman, Hart Energy
The $1.8 billion sale of an Energy Transfer Partners LP unit signaled a further compression of the compression sector. USA Compression Partners LP (USAC) made the acquisition of CDM Resource Management, a deal that nearly doubled the company’s fleet and established a sizable presence in major basins like the Eagle Ford and Rockies.
CDM also is among the select few major players in the high-horsepower market.