Iron Horse Midstream is adding another natural gas cryogenic processing plant at its 120-acre complex in Grady County, OK, in the heart of the Anadarko Basin. The Dallas-based firm said the 200 MMcf/d plant would boost natural gas processing capacity in the SCOOP/STACK (South Central Oklahoma Oil Province and Sooner Trend of the Anadarko Basin,…
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NGP Lets Fly $100M to Sponsor Another Permian Operator
Private equity funding continues to support energy startups in the Lower 48, with deep-pocketed NGP laying out $100 million to back Wing Resources IV LLC, another of its Permian Basin-focused mineral and royalty acquisition companies.
August 30, 2019
NGP, Former RSP Permian Execs Ready Launch of Blank Check Energy Company
Dallas-based Switchback Energy Acquisition Corp., a blank check company organized by veteran energy executives and private equity giant NGP Natural Resources XII LP, is laying plans to create a Lower 48 oil and gas operator.
July 10, 2019
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