Latest News & Activity
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Lucid Energy Group Brings on New COOJanuary 18,2019
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Lucid Expanding Delaware Basin Gas Processing PlantSeptember 05,2018
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Evolution Inks Deal for Powder River Gas Gathering SystemJune 06,2017
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Lucid Announces Startup of Northern Delaware Basin Gas Processing PlantMay 24,2017
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Lucid Energy Scores $250 mln from Magnetar CapitalMay 03,2017
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Stakeholder Midstream Acquires Gathering System From Lucid EnergyApril 10,2017
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Encap Flatrock-backed Lucid Energy Scores Additional CapitalMarch 17,2017
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New Permian Cryogenic Plant Purchased by LucidMay 19,2014
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New Permian Midstream Player Scores $425MM in EquityMarch 04,2014
Deals - Lucid Energy Group Llc Acquisitions
Announce Date | Price($MM) | Region/Basin | Headline | |
---|---|---|---|---|
Feb-01-2017 | Permian - Delaware Basin | Lucid Energy Group Buys Delaware Basin Gas Processing Plant | ||
Total |
Deals - Lucid Energy Group Llc Divestiture(s)
Announce Date | Price($MM) | Region/Basin | Headline | |
---|---|---|---|---|
Jun-06-2017 | Rockies - Powder River Basin | Evolution Inks Deal for Powder River Gas Gathering System | ||
Apr-10-2017 | Permian - Delaware Basin | Encap backed-Stakeholder Midstream Acquires Gathering System From Lucid Energy | ||
Total |
Capital Raised
Announced Date | Amount($MM) | Type | Headline | |
---|---|---|---|---|
May-03-2017 | Equity Commitment | Lucid Energy Gets More Capital From Magnetar | ||
Mar-17-2017 | Debt | Encap Flatrock-backed Lucid Energy Scores Additional Capital | ||
Mar-04-2014 | Equity | New Permian Midstream Player Scores $425MM in Equity | ||
Total |
About
LUCID ENERGY GROUP is a midstream services company providing gathering, treating, processing, compression and transportation services to producers working in the Permian Basin. LUCID has developed and is continuing to expand its greenfield gathering and processing facilities in the high-growth production areas of the Wolfcamp and Clines shales. LUCID was formed in 2011 with equity commitments from EnCap Flatrock Midstream of San Antonio.
Headquartered in Dallas, LUCID is focusing its operations on the Eastern Shelf region of the Permian Basin and has field offices near its operating assets in Sterling City and San Angelo. The company's ability to create unique solutions distinguishes LUCID and puts the company in a strong position to meet the accelerating demand for midstream infrastructure in the region.
At LUCID, we understand how important service is to our customers. We hold fast to our vision and creativity. We believe in communicating clearly so that every deal is easily understood. We are perceptive and in the moment with our customers while we work hard to develop unconventional solutions and partner with them for success. Our customers trust us because there are no surprises. At LUCID, we are Vision At Work.
Suite 100
Dallas Texas 75201
Personnel (7 people)
Senior Vice President & COO
Senior Vice President - Corporate Development
Senior Vice President & Chief Accounting Officer
General Counsel
President & CEO
EVP & CFO
Senior Vice President of Finance
Frist Name | Last Name | Title | Phone | |
---|---|---|---|---|
Brian T | Raber | Senior Vice President & COO | ||
JB | Smith | Senior Vice President - Corporate Development | ||
Jim | Howe | Senior Vice President & Chief Accounting Officer | ||
Joe | Davis | General Counsel | ||
Michael J | Latchem | President & CEO | ||
Ryan | Moss | EVP & CFO | ||
Stew | Fuller | Senior Vice President of Finance |
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Lucid Energy Group Brings on New COO
Company Divestiture
Announce Date | Buyer | $MM | Type | Play/Location | Details |
---|---|---|---|---|---|
Jun-06-2017 | Asset | Powder River Basin | |||
Apr-10-2017 | Asset | Delaware Basin |
Company Acquisitions
Announce Date | Seller | $MM | Type | Play/Location | Details |
---|---|---|---|---|---|
Feb-01-2017 | Asset | Delaware Basin |