Lucid Energy Group has hired industry veteran Brian T. Raber as senior vice president and COO, the Dallas-based midstream company said Jan. 17.
Raber joins Lucid, which is the largest privately held natural gas processor in the Delaware Basin, with more than 25 years of experience in the midstream sector of the energy industry.
Lucid CEO Mike Latchem said in a statement: “We are very pleased that Brian Raber has joined our team. He brings vast experience overseeing major capital projects. Brian’s experience will be immediately accretive to Lucid and he will play a key role in the further development and expansion of our assets. His leadership skills and project management style will add significant value to Lucid as we execute our long-term strategic growth plans in the Delaware Basin.”
Lucid provides a full range of midstream services to more than 50 customers within the Delaware Basin in Southeast New Mexico and West Texas. The company is supported by growth capital commitments from a joint venture formed by an investment fund managed by Riverstone Holdings LLC and the merchant banking division of The Goldman Sachs Group Inc.
“I am humbled and excited to join the dominant private midstream player in the Delaware Basin,” Raber said in a statement. “Lucid’s financial strength, outstanding producer relationships and rapidly expanding operations mean that we are uniquely positioned for continued success, both near-term and long-term. I look forward to making a meaningful contribution by continuing to ensure the timely and cost-effective buildout of new facilities and safe, reliable operations that meet the needs of our customers.”
Before joining Lucid, Raber served as senior vice president, engineering and project management for Summit Midstream Partners LLC. During his time at Summit, he implemented new procedures that resulted in on-time, on-budget project execution across seven active shale basins. He also played a key role in the expansion of Summit’s footprint into the northern Delaware Basin, according to the Lucid press release.
Prior to Summit, Raber held senior management roles in operations and engineering at Century Midstream LLC, NiSource Midstream Services LLC, Hoover Energy Partners LP and Enterprise Products Partners LP (NYSE: EPD). His experience spans greenfield systems design and construction, gas processing as well as sour gas treating and sequestration, and midstream operations.
Raber holds a Bachelor of Science degree in chemistry from Oral Roberts University and earned a Master of Science degree in electrical engineering from Oklahoma State University.
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