Share:
Stakeholder's natural gas and crude oil systems serve producers working in the San Andres formation in West Texas and Southeast New Mexico
Stakeholder Midstream, LLC, ("Stakeholder") announced today it has acquired gas gathering and processing assets from Santa Fe Midstream, LLC ("Santa Fe"). Located in Yoakum County, Texas, the assets include Santa Fe's 30-30 Gas Treating and Processing Plant, low-pressure gas gathering pipelines, downstream residue and NGL lines, and a long-term acreage dedication from an established San Andres oil and gas producer. The Santa Fe System will complement Stakeholder's existing Campo Viejo Processing Plant and gathering system currently serving San Andres producers on the Northwest Shelf of the Permian Basin.