Skip to main content

Latest News and Analysis
Deals and Transactions
Track Drilling (Rigs by operator) | Completions (Frac Spreads)

One-Page Deal Sheet

Costar Midstream and Energy Spectrum Partners Forms Granite Wash Midstream JV

Energy Spectrum Capital Costar Midstream, L.L.C.
AnnouncedApr 21, 2011
TypeJV
LocationGranite Wash,Granite-Cleveland-Tonkawa
Announced Date
April 21,2011
Transaction Type
JV




Snapshot
Location
Region
Mid-Continent

Country
United States

State
Texas

Play



Transaction Details:  Require Private Equity Subscription

Costar Midstream, L.L.C.  and Energy Spectrum Partners VI (ESP VI) have come together to acquire certain natural gas processing assets in the Granite Wash area of the Texas and Oklahoma Panhandle. Costar’s objective is to build a sizable midstream business focusing on gas gathering and processing assets that can be acquired and developed. This is the first portfolio investment for ESP VI, which is a $998.7 million private equity fund focused exclusively on midstream infrastructure opportunities and management teams.

Costar is founded by Dale Singleton and Kevin Sullivan, and they have formed…



Other Mid-Continent Region's Deals



Announced DateBuyerSellerDeal Value($mm)LocationCategory
Apr-01-2020 - - Click here Oklahoma  Midstream
Jan-07-2020 - - Click here Oklahoma  Midstream
Jul-31-2019 - - Click here Oklahoma  Midstream
Oct-24-2018 - - Click here Oklahoma  Midstream
Jan-03-2018 - - Click here Oklahoma  Midstream