[Context: On April 11, Denham Capital and Ridgemont Equity-backed Whitewater Midstream announced operations have commenced for its Agua Blanca pipeline running from Orla, Texas, to the Waha Hub. Further details and related links are below.]
WhiteWater Midstream Announces Commencement of Operations for the Agua Blanca Pipeline
AUSTIN, Texas–April 11, 2018 — (BUSINESS WIRE)–Agua Blanca commenced commercial operations on April 1, 2018 putting in service 72 miles of 36″ diameter pipe with a capacity of 1.4 Bcf/d. The pipeline runs from Orla, Texas to the Waha Hub, servicing portions of Culberson, Loving, Pecos, Reeves and Ward counties with multiple direct downstream connections including to the Trans-Pecos Header.
The project is supported by substantial long-term, firm volume commitments. WhiteWater is in the process of expanding Agua Blanca’s connectivity and is considering a number of options to expand overall pipeline capacity.
Inquiries regarding Agua Blanca should be directed to firstname.lastname@example.org.
ABOUT WHITEWATER MIDSTREAM
WhiteWater Midstream is an Austin based, independent infrastructure company that provides transportation services to domestic oil and gas plays. WhiteWater was founded in 2016 and is backed by equity commitments from Denham Capital Management and Ridgemont Equity Partners.
ABOUT DENHAM CAPITAL
Denham Capital is a leading energy-focused global private equity firm with more than $8.4 billion of invested and committed capital across eight fund vehicles. The firm makes direct investments across all stages of the corporate lifecycle. Denham’s investment professionals apply deep operational and industry experience and work in partnership with management teams to achieve long-term investment objectives.
ABOUT RIDGEMONT EQUITY PARTNERS
Ridgemont Equity Partners is a Charlotte-based middle market buyout and growth equity investor. Since 1993, the principals of Ridgemont have invested over $3.5 billion in 136 companies. The firm focuses on investments of $25 million to $100 million in industries in which it has deep expertise, including basic industries and services, energy, healthcare and telecommunications/media/technology.