Tommy Waldrip, managing director of EnCap Flatrock Midstream, is today’s featured Forty Under 40 honoree.
Waldrip joined Flatrock Energy Advisors in 2006 and EnCap Flatrock Midstream upon its formation a couple of year later by a partnership between Flatrock and EnCap Investments LP.
EnCap Flatrock Midstream is a venture capital firm focused on identifying, investing in and enhancing the value of great businesses and attractive assets in the midstream sector of North America’s oil and gas industry.
For Waldrip, the oil and gas industry is a natural fit.
“What drew me in and what I still love today, is that this business is about people,” he said. “I love working with teams of smart, creative people. These relationships inspire and drive me on a daily basis.”
Waldrip currently serves on the board of directors for Aspen Midstream, Candor Midstream, Evolution Midstream, Ironwood Midstream Energy Partners II and Tall Oak Midstream II and III.
Congestion delaying LNG shipments via the Panama Canal is expected to last through the peak demand winter months, traders close to the situation said on Jan. 14, although the canal’s regulator said it had made changes to speed up transit.
"The recent fall in LNG prices to record lows has not dented investor interest in setting up new LNG export facilities in the United States," FERC Chairman Neil Chatterjee says.
Approval granted by FERC for preliminary work on facility that is expected to produce 3.6 Bcf/d.