Martin Water Midstream Acquires Corsican Midstream Permian Basin, LLC

Tailwater E&P Acquires Non‑Operated Permian Basin Asset Package from Accelerate

October 1, 2024

Oil & Gas

Tailwater E&P LLC, the upstream platform of private equity firm Tailwater Capital, acquired an off‑market non‑operated working interest asset package in the Permian Basin from Accelerate Resources Operating LLC. The assets include more than 5,000 net leasehold acres and produce in excess of 5,000 net barrels of oil equivalent per day across the Midland and Delaware Basins, and Tailwater E&P hedged a significant portion of the production profile as part of the transaction.

Surge Energy Acquires Grenadier Energy Partners II's Midland Basin Assets

January 31, 2021

Energy

Surge Energy US Holdings Company agreed to acquire leasehold interests and producing wells from Grenadier Energy Partners II LLC in Howard County, Texas, for an aggregate purchase price of approximately $420 million. The acquired Midland Basin assets average ~9,000 Boepd (roughly 75% oil) across ~18,010 net leasehold acres and include ~120 operated future drilling locations; the deal is expected to close in late Q1.

Lane42 and Karis Midstream Partners Acquire Aqua Terra Permian

January 6, 2026

Energy

Lane42 Investment Partners, in partnership with Karis Midstream Partners, has acquired Aqua Terra Permian, an energy midstream company operating gathering, transportation and saltwater disposal assets in the Permian Basin. The investment will strengthen the company’s balance sheet and provide capital to support growth as the platform will be led by the Karis team with Odely Sakazi as CEO and David Melton as COO.

Tailwater Capital Acquires NorTex Midstream Partners

February 17, 2021

Oil & Gas

Dallas-based private-equity firm Tailwater Capital agreed to acquire NorTex Midstream Partners LLC, a Houston-based natural-gas storage and midstream operator. The acquisition gives Tailwater ownership of NorTex’s underground storage capacity (about 36 billion cubic feet), a trading hub and roughly 83 miles of pipeline near the Dallas–Fort Worth area to support gas-fired power generation as a complement to renewable energy.

Tailwater Capital Acquires Majority Stake in Central Midstream

December 11, 2025

Oil & Gas

Tailwater Capital has acquired a majority interest in Central Midstream Partners, LLC, a Houston-based liquids transportation, storage and terminal services provider with assets across the Gulf Coast and Ohio/Utica region. Tailwater will invest additional equity from Tailwater Fund V to support growth projects while Central Midstream CEO George Jordan and the Jordan family remain involved post-transaction.

Langford Energy Partners Acquires Midland Basin Assets from Murchison Oil and Gas

January 13, 2025

Oil & Gas

Affiliates of Langford Energy Partners (LEP) closed the acquisition of Midland Basin assets from Murchison Oil and Gas, LLC on December 6, 2024. The assets include ~8,000 net acres across Howard, Borden and Midland counties, ~7,200 boe/d (72% oil) from 63 operated horizontal wells; the deal was funded with equity from Langford Energy Partners I, LP and senior bank debt led by Texas Capital Bank.