Meritage Midstream founded to pursue midstream opportunities in emerging resource plays:
- Senior management together since 2007
- Average 25 years experience
- Based in Golden, Colorado
Construction of Eagle Ford Escondido Gathering System (EEG) begins in Webb County, Texas (lean gas):
- Meritage opens regional office in Houston
- J. Stacy Horn joins Meritage as Vice President, Southern Region
Meritage announces agreements to expand EEG.
Meritage completes Fasken Lateral extension to EEG pipeline system.
Meritage announces plans to build the Cuervo Creek Gathering System (rich gas).
Howard Energy Partners acquires the EEG and Cuervo Creek gathering systems:
- 185 miles of pipeline
- 400 MMcf/d combined capacity
- 12” to 16”, high and low pressure
- 180,000 dedicated acres
- 2 BCF total volume commitments
- 2 amine treating plants
- Multiple intrastate outlets for processing and transportation
$500 million equity commitment to Meritage Midstream Services II, LLC from Riverstone Holdings, LLC. Meritage II pursues greenfield and acquisition opportunities in emerging resource plays including the Permian Basin, Eagle Ford Shale, Powder River Basin, and Uinta Shale.
- Steve Huckaby named Chairman & CEO, Nick Thomas appointed President
Meritage and Arch Coal agree to form joint venture to develop crude oil and frac sand terminal at Black Thunder Mining Complex in Wyoming's Powder River Basin
Meritage acquires Wyoming’s Thunder Creek Gas Services from Devon Energy and PVR Partners
Open Season for Thunder Creek NGL Pipeline begins.
Meritage finalizes $175 million credit facility.
Open Season for Thunder Creek NGL Pipeline extended to April 30, 2014.
Meritage moves corporate headquarters to downtown Denver.
Open Season for Thunder Creek NGL Pipeline extended to June 13, 2014.
First Crude Oil Unit Train departs Meritage Midstream’s Black Thunder Terminal.
Meritage Midstream Services brings 50 Buttes Natural Gas Processing Plant online to serve Powder River Basin.
Meritage Midstream announces January startup of NGL Pipeline in Powder River Basin.
Riverstone Holdings invests up to $300 million in Meritage Midstream Services III, LP. Meritage III pursues opportunities in Western Canada, with a focus on the Montney and Duvernay.
Meritage Midstream announces the construction of crude oil and natural gas infrastructure in Western Canada.
Meritage subsidiary Thunder Creek Gas Services, L.L.C. announces the acquisition of midstream assets in southern Powder River Basin from Devon Energy Production Company, L.P., bringing Thunder Creek’s acreage dedications to more than 1 million acres.
Meritage's Canadian assets are sold to a joint venture created by SemGroup and KKR.
Meritage Midstream Services announces that its new Steamboat Natural Gas Plant (under construction in Douglas County, Wyoming) will more than double its gas processing capacity in the Powder River Basin.
Seasoned energy executives T. Jeffrey Layne and Matthew DeNezza join the Meritage leadership team. Mr. Layne serves as chief operating officer. Mr. DeNezza serves as chief financial officer.
Binding Open Season announced for new movement on Thunder Creek Natural Gas Liquids Pipeline System.
Meritage subsidiary Thunder Creek Gas Services, LLC commissions the Steamboat I natural gas processing plant in Converse County, Wyoming. The plant more than doubles Meritage’s natural gas processing capacity in the Powder River Basin (PRB), bringing nameplate capacity to 380 million cubic feet per day.
Meritage enters into a large gathering and processing agreement with one of the preeminent producers in the basin.