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Quantum Combines Two Portfolio Companies to Focus on Haynesville
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Trace Midstream and Gemini Midstream, each a portfolio company of Quantum Energy Partners, announced the combination of management teams.
Going forward, the combined team will operate as Trace Midstream and Josh Weber will assume the role of Chief Executive Officer with John O’Shea as Chairman of the Board.
The combined entity will focus on the continued growth and expansion of the Gemini Carthage Pipeline (GCP), an existing 50-mile natural gas system in Harrison and Panola Counties, Texas, capable of delivering in excess of 1.2 billion cubic feet per day (bcf/d) of high pressure, dry natural gas into the Carthage area.
Additionally, Trace has begun construction of the Gemini Gulf Coast Pipeline (GGCP), a new 36-inch, 150-mile natural gas pipeline capable of delivering 1.5 bcf/d of…
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