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History

November
2009

Meritage Midstream founded to pursue midstream opportunities in emerging resource plays:

  • Senior management together since 2007
  • Average 25 years experience
  • Based in Golden, Colorado
April
2010

Construction of Eagle Ford Escondido Gathering System (EEG) begins in Webb County, Texas (lean gas):

  • Meritage opens regional office in Houston
  • J. Stacy Horn joins Meritage as Vice President, Southern Region
September
2010

Meritage announces agreements to expand EEG.

November
2010

Meritage completes Fasken Lateral extension to EEG pipeline system.

July
2011

Meritage announces plans to build the Cuervo Creek Gathering System (rich gas).

April
2012

Howard Energy Partners acquires the EEG and Cuervo Creek gathering systems:

  • 185 miles of pipeline
  • 400 MMcf/d combined capacity
  • 12” to 16”, high and low pressure
  • 180,000 dedicated acres
  • 2 BCF total volume commitments
  • 2 amine treating plants
  • Multiple intrastate outlets for processing and transportation
July
2012

$500 million equity commitment to Meritage Midstream Services II, LLC from Riverstone Holdings, LLC. Meritage II pursues of greenfield and acquisition opportunities in emerging resource plays including the Permian Basin, Eagle Ford Shale, Powder River Basin, and Uinta Shale plays.

  • Leadership team expanded to include Nick Aretakis, Senior Vice President & CFO; Rich Gognat, Senior Vice President & General Counsel, and Terry Herauf, now Vice President, Operations.
  • Steve Huckaby named Chairman & CEO, Nick Thomas appointed President
  • Stacy Horn becomes Senior Vice President, Commercial; Tim Pimmel promoted to Senior Vice President; Mark Moon named Director of Finance & Planning
May
2013

Meritage and Arch Coal agree to form joint venture to develop crude oil and frac sand terminal at Black Thunder Mining Complex in Wyoming's Powder River Basin

August
2013

Meritage acquires Wyoming’s Thunder Creek Gas Services from Devon Energy and PVR Partners

October
2013

Open Season for Thunder Creek NGL Pipeline begins.

January
2014

Meritage finalizes $175 million credit facility.

March
2014

Open Season for Thunder Creek NGL Pipeline extended to April 30, 2014.
​Meritage moves corporate headquarters to downtown Denver.

April
2014

Open Season for Thunder Creek NGL Pipeline extended to June 13, 2014.

June
2014

First Crude Oil Unit Train Departs Meritage Midstream’s Black Thunder Terminal.

October
2014

Meritage Midstream Services Brings Online 50 Buttes Natural Gas Processing Plant to Serve Powder River Basin.

December
2014

Meritage Midstream Announces January Startup of NGL Pipeline in Powder River Basin.

April
2015

Riverstone Holdings invests up to $300 million in Meritage Midstream Services III, LP. Meritage III pursues opportunities in Western Canada, with a focus on the Montney and Duvernay.

August
2015

Meritage Midstream announces construction of crude oil and natural gas infrastructure in Western Canada.