Cardinal Midstream III is a midstream company that provides oil and gas producers with a complete array of midstream services including natural gas gathering and transmission, natural gas processing, crude oil gathering, centralized compression facilities, condensate stabilization, vapor recovery and natural gas treating. In addition to Cardinal’s headquarters in Dallas, the company also has offices in Kingwood, Texas, and Mustang, Oklahoma.
Cardinal III is developing the Iron Horse Gathering and Processing System to serve natural gas producers working in Oklahoma's SCOOP/STACK/Merge play. The system will span Canadian, Grady, McClain, Stephens and Caddo counties and will consist of more than 150 miles of high- and low-pressure natural gas gathering pipeline, multiple compressor stations and the Iron Horse Plant, a state-of-the-art cryogenic processing plant with the capacity to process 225 million cubic feet of natural gas per day (MMcf/d). Located in Grady County, the Iron Horse Plant site is designed to accommodate expansions that would bring total processing capacity to 625 MMcf/d.
The company’s senior leadership team has been directly involved in the acquisition, development and operation of more than $1.3 billion in midstream assets.