Current Portfolio Companies

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Candor Midstream

 

Candor Midstream owns and operates the SCOOP-to-North-Texas Rich Gas Gathering Pipeline System, which 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 at processing facilities located at the market center in Bridgeport, Texas. The 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.

Candor purchased the system in January 2019. To best serve producers, Candor made multiple upgrades to the pipeline system and successfully completed comprehensive hydrostatic testing to certify its safe return to commercial service. Candor constructed multiple risers for commercial rich gas receipts, upgraded equipment and added pipeline monitoring capabilities that exceed industry standards. The pipeline is managed internally by members of the team at EnCap Flatrock Midstream.