WhiteWater Midstream Acquires Enstor’s Waha Gas Storage Assets
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WhiteWater Midstream (WWM), operator of the Agua Blanca and Whistler pipelines, has acquired Enstor’s Waha gas storage assets. The assets will be held in a newly formed joint venture entity, Waha Gas Storage LLC, which will be jointly owned by Whistler Pipeline and Delaware Basin Residue, owner of Agua Blanca.
The Waha gas storage facilities will be connected to Agua Blanca’s Waha header system and will provide material storage capacities to customers of both the Agua Blanca and Whistler pipelines. With six existing caverns and five additional permitted caverns, the Waha Gas Storage facilities can provide approximately 10 billion cubic feet of storage capacity once fully developed.
“The Waha Gas Storage assets are strategically located near the Waha hub and our new joint venture plans on further optimizing these facilities and their capabilities in the near-term to better serve the customers of the Agua Blanca and Whistler pipelines,” said Christer Rundlof, CEO of WhiteWater.
“We are extremely excited to provide our customers with another premier residue service and unmatched flexibility for their residue transportation needs,” added Rundlof.
About WhiteWater Midstream
WhiteWater Midstream is a management owned, Austin based midstream company. WhiteWater Midstream is partnered with multiple private equity funds including but not limited to Ridgemont Equity Partners, Denham Capital Management, First Infrastructure Capital and the Ontario Power Generation Inc. Pension Plan. Since inception, WhiteWater has reached final investment decision on ~$3 billion in greenfield development projects.
To stop by WhiteWater Midstream’s website, CLICK HERE
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