Our Portfolio

Nuevo Midstream

Realized
Realized
2014, 2025

Nuevo Midstream
Formed in 2011 Nuevo Midstream focused on the operation and expansion of a significant natural gas gathering processing footprint in the Delaware Basin. Nuevo was sold for $1.5 billion to Western Gas Partners, LP.

Nuevo Midstream Dos
In March 2019, Nuevo Dos announced the purchase of Republic Midstream, LLC, which owned and operated a crude oil gathering, storage and intermediate transportation system in the Eagle Ford Shale consisting of approximately 100 miles of gathering pipeline feeding a central delivery point with 300,000 barrels of crude oil storage and a six-bay truck station.  In November 2021, EFM portfolio company Ironwood Midstream Energy Partners II assumed management of the Nuevo Dos assets through an asset combination and Nuevo Dos’ former President and CEO Randy Ziebarth, assumed a seat on the Ironwood II board. In January 2025, Ironwood sold these combined Eagle Ford assets to Plains All American Pipeline, L.P.