Aspen Midstream, LLC announced it has secured an equity commitment from EnCap Flatrock Midstream (EnCap Flatrock) and Aspen’s management team to launch Aspen Midstream II (Aspen II). Building on the proven track record of its veteran leadership team, the company will pursue midstream infrastructure opportunities across North America, primarily targeting natural gas transmission and last-mile solutions to support unprecedented gas demand growth.
Aspen Midstream Secures Equity Commitment from Encap Flatrock Midstream for the Formation of Aspen II
Aspen Midstream
Aspen Midstream, LLC Announces Construction of a Large Diameter Residue Gas Pipeline and Lean and Rich Gas Gathering Systems in Texas’ Austin Chalk Play
Aspen Midstream
Aspen Midstream, LLC announced the company is constructing a large diameter residue pipeline and both a lean and a rich gas gathering system in the Austin Chalk play in Texas. Aspen’s Austin Chalk System is located in the Giddings Field. Producers drilling the Giddings Field are developing multiple stacked pay zones, including the Austin Chalk and Eagle Ford Shale formations. The Aspen Austin Chalk System is strategically located to ensure producer access to premium residue and NGL markets and spans the Giddings Field, including Washington, Fayette and Burleson counties, along with portions of Austin, Brazos, Colorado and Waller counties.