Operator
First Reserve Corp
Acquired in May 2022 by Crestwood Equity Partners LP. The snapshot below reflects historical activity.
About
Capital Providers : Private Equity
- WebsiteVisit →
- AddressGreenwich Connecticut
- Phone203 661 6601
- Acquired byCrestwood Equity Partners LP
Acquisition chain
Forward & backward M&A lineage
- The Weir Group
- First Reserve Corp (this company)
- Crestwood Equity Partners LP
- EnLink Midstream, LLC
- The Alberta Investment Management Corp.( AIMCo)
Drilling activity
No activity recorded
No active rigs
Operations transferred to Crestwood Equity Partners LP. Live rig records sit under the successor.
Recent activity
IOG forms Partnership with PE-Firm First Reverse To Fund DrillCo's
IOG Resources III Holdings, LLC (IOGR III) Overview: IOGR III is the third investment vehicle formed by IOG Resources, a leading provider of asset-level capital solutions and strategic...
Crestwood Equity Seals Sendero Midstream Merger Deal, Others
Crestwood Equity Partners LP has closed the previously announced Delaware Basin acquisitions of Sendero Midstream Partners LP for approximately $600 million in cash and First Reserve’s 50% interest...
Bankrupt Company to Liquidate; Unable to Find Buyer
First Reserve-backed oilfield services company Tri-Point Oil & Gas Production Systems LLC will liquidate in Chapter 11 following the collapse of a prepetition sale. The company filed documents...
First Reserve Announces New Executive Promotions
First Reserve announced the promotion of three senior investment professionals.
Chesapeake to Exit the Barnett; First Reserve Eyes Asset
Chesapeake Energy Corp. has entered into an agreement to convey its interests in the Barnett Shale operating area located in North Texas to Saddle Barnett Resources, LLC, a...
Latest news mentioning First Reserve Corp
Deals
Crestwood Equity Partners LP has agreed to acquire First Reserve’s 50% equity interest in Crestwood Permian Basin Holdings LLC for $320…
First Reserve has agreed to purchase Weir Flow Control, a designer, manufacturer and aftermarket services provider of engineered valves and…
PE firm First Reserve has acquired the maintenance platform of EMS USA Inc. Houlihan Lokey acted as financial advisor to EMS in this…
BlackRock, Inc. has entered into a definitive agreement to acquire First Reserve Energy Infrastructure Funds (FREIF), the equity…
BlackRock and First Reserve have entered into a definitive agreement with P.M.I., a wholly owned subsidiary of Petroleos Mexicanos (PEMEX)…
Permits
No active permits
Operations transferred to Crestwood Equity Partners LP. Live permits sit under the successor.
Assets
No asset records
Operations transferred to Crestwood Equity Partners LP. Live acreage and lease records sit under the successor.
Regions of activity
No regional activity indexed yet
When Crestwood Equity Partners LP files permits or discloses acreage tied to this entity, the regions show up here.