Fresh off joining the EnCap Flatrock Midstream portfolio of companies, San Antonio-based Ironwood Midstream Energy Partners LLC has set its sights on growing its South Texas operations.

Concurrent with a new $400 million equity commitment, Ironwood on Nov. 12 formed a new affiliate and also stuck a deal to acquire South Texas midstream assets currently owned and operated by a subsidiary of Twin Eagle Resource Management LLC.

Ironwood initially formed in April 2015 to develop a crude oil gathering system in West Texas, according to the company website. The system, which serves large Permian Basin operators, went into service September 2015.

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