The agreement between Elevate Midstream and Sabine Oil and Gas increases gas gathering and processing capabilities in the Carthage area within the Haynesville Shale.
Gathering records have been set on the Arrow system in the Bakken.
Grand Prix will provide some partial margin contribution in the third quarter, and as volumes continue to increase, the fourth quarter will be the first full quarter of margin contribution.
Michael Garberding departs company; Thomas W. Horton to join board of directors.
The deal also marks the first transaction for American Midstream Partners since completing its merger with private-equity firm ArcLight Capital.
Black Bear will build about 20 miles of rich gas gathering pipe to support both the contract with an unnamed Cotton Valley producer and others on both sides of the Louisiana and Texas border.
Industry watchers say economics and the definition of waste could be at play in a decision on whether to grant a flaring permit, unless the involved parties reach an agreement.