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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.