EnCap Flatrock’s Ironwood, Nuevo Midstream Combine Eagle Ford Assets

Both financially backed by private equity-firm EnCap Flatrock Midstream, Ironwood II said in a release it had completed an asset merger and assumed management of Nuevo Midstream Dos’ Eagle Ford assets.

EnCap Flatrock’s Ironwood, Nuevo Midstream Combine Eagle Ford Assets

As a result of the combination, Ironwood II now operates approximately 400,000 bbl/d of crude oil throughput capacity and 410 MMcf/d of natural gas throughput capacity in the Eagle Ford region. (Source: Hart Energy)

Ironwood Midstream announced a significant expansion in the Eagle Ford Shale on Nov. 16 through the “strategic combination” with Nuevo Midstream Dos.

“This strategic combination marks an important step for Ironwood as we continue to expand our midstream infrastructure for Eagle Ford producers, offering safe, consistent and competitive access to premium and growing export and industrial markets along the Texas Gulf Coast,” Ironwood Chairman, President and CEO Mike Williams commented in a release by the San Antonio-based company.

Both financially backed by private equity-firm EnCap Flatrock Midstream, Ironwood II said in the release it had completed an asset merger and assumed management of Nuevo Midstream Dos’ Eagle Ford assets. The terms of the transaction weren’t disclosed.

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Emily Patsy

Emily Patsy is the senior managing editor for Hart Energy’s Digital News Group. She's responsible for the daily news flow and also manages the A&D Watch and Energy Pulse weekly newsletters.