HOUSTON--(BUSINESS WIRE)--Candor Midstream, LLC (“Candor”) announced today that its SCOOP-to-North-Texas (“SCOOP-NORTHTX”) Rich Gas Gathering Pipeline System is open for commercial service. Recognizing pipeline constraints within the SCOOP, Candor purchased the system in January 2019. To best serve producers, Candor made multiple upgrades to the pipeline system and has successfully completed comprehensive hydrostatic testing to certify its safe return to commercial service.
The system consists of approximately 100 miles of 20-inch rich gas gathering pipeline that originates in northern Carter County, Oklahoma and extends south across the Oklahoma-Texas border before it terminates near processing facilities located at the market center in Bridgeport, Texas. Map here.
The SCOOP-NORTHTX pipeline has an initial operational capacity of up to 200 million cubic feet per day. Its strategic location in the heart of Oklahoma’s SCOOP play provides regional producers with an immediate outlet to premium processing markets in north Texas, which helps bolster producer economics.
“The SCOOP-NORTHTX pipeline debottlenecks the region and offers rich gas gathering solutions and expansion opportunities that are specifically tailored to meet producers’ individual needs in this unique area of Oklahoma and Texas,” said Candor President & CEO Darrel L. Hagerman.
Candor Chief Commercial Officer Derek Gonseaux added, “The SCOOP-NORTHTX pipeline gives Candor the ability to provide unparalleled flow assurance with competitive and reliable processing and, most importantly, access to premium gas and NGL markets, which provide our customers with superior producer netbacks.”
To enhance the pipeline and better serve producers, Candor constructed multiple risers for commercial rich gas receipts, upgraded equipment and added pipeline monitoring capabilities that exceed industry standards. “Our goal is to provide producers working in southern Oklahoma with safe and reliable long-term service that gathers their rich gas to premium markets in North Texas,” Hagerman said.
About Candor Midstream, LLC
Candor Midstream is an independent energy company that provides a full suite of midstream services to oil and gas producers across the U.S. Candor is led by a team of seasoned industry professionals who have worked in virtually every shale play in the country and are well-known and trusted by the industry’s premier operators. Headquartered in Houston, Candor was established in 2017 by President and CEO Darrel Hagerman. The company is backed by EnCap Flatrock Midstream. For more information please visit www.candormidstream.com.
About EnCap Flatrock Midstream
EnCap Flatrock Midstream provides value-added growth capital to proven management teams focused on midstream infrastructure opportunities across North America. The firm was formed in 2008 by a partnership between EnCap Investments L.P. and Flatrock Energy Advisors, LLC. Based in San Antonio with offices in Oklahoma City and Houston, the firm manages investment commitments of nearly $9 billion from a broad group of prestigious institutional investors. EnCap Flatrock Midstream is currently making commitments to new management teams from EFM Fund IV, a $3.25 billion fund. For more information please visit www.efmidstream.com.