DTE Midstream Acquires Haynesville Gathering System and 36" Pipeline from Momentum Midstream and Indigo Natural Resources

Williams Acquires Haynesville Gathering and Processing Assets from Trace Midstream for $950M

March 14, 2022

Energy

Williams has agreed to acquire the Haynesville gathering and processing assets of Trace Midstream in a transaction valued at $950 million. The deal expands Williams' footprint and gathering capacity in the Haynesville basin, and includes a related long-term capacity commitment from Rockcliff and a joint-venture equity partnership with Quantum to support Williams' Louisiana Energy Gateway project.

Southwestern Energy Acquires Indigo Natural Resources for ~$2.7B

September 1, 2021

Energy

Southwestern Energy Company agreed to acquire Haynesville-focused Indigo Natural Resources, LLC for approximately $2.7 billion in a transaction comprised of cash, stock and assumed debt. The acquisition adds high-margin dry gas assets and inventory in the Haynesville play, expands Southwestern's access to Gulf Coast LNG markets and accelerates free cash flow and deleveraging targets.

Southwestern Energy Acquires GEP Haynesville LLC

December 31, 2021

Oil & Gas

Southwestern Energy Company has closed the acquisition of GEP Haynesville, LLC, expanding its scale and inventory in the Haynesville natural gas basin. The deal was funded in part by a $1.15 billion senior notes offering and a $550 million institutional term loan and is expected to strengthen Southwestern's financial metrics and presence in premier U.S. gas basins.

Voyager Midstream Acquires East Texas Gas Gathering and Processing Assets From Phillips 66

September 3, 2024

Energy

Voyager Midstream Holdings, a Pearl Energy Investments portfolio company, acquired natural gas gathering and cryogenic processing assets from Phillips 66 located in East Texas and north Louisiana, including roughly 550 miles of pipelines, 400 MMcf/d processing capacity, and 12,000 bpd fractionation capacity. The deal also includes the Carthage Hub, a major gas trading and delivery hub with >1 Bcf/d handling capability, and is intended to expand Voyager's footprint in the Haynesville Shale and improve producer connectivity to Gulf Coast markets.

M6 Midstream (Momentum) Acquires Align Midstream Partners II from Tailwater Capital

September 22, 2022

Energy

M6 Midstream LLC (Momentum) has acquired Align Midstream Partners II, LLC from Tailwater Capital; financial terms were not disclosed. The acquisition expands Momentum's footprint in the Haynesville Shale as it also closed the Midcoast ETX deal and reached final investment decision on its NG3 gathering and carbon capture project to serve Gulf Coast and LNG markets.

Ironwood Midstream II Acquires Gardendale and Asherton Gathering Systems from Twin Eagle

December 10, 2019

Energy

Ironwood Midstream Energy Partners II, LLC closed the acquisition of the Gardendale and Asherton crude oil gathering systems (the combined "Gardendale System") from Twin Eagle Gardendale Pipeline, LLC, a unit of Twin Eagle Holdings. The assets—approximately 150 miles of active gathering pipelines with long‑term dedications totaling more than 124,000 acres—expand Ironwood II's South Texas footprint and are backed by a $400 million growth capital commitment from EnCap Flatrock Midstream.