Company Research Report: Summit Midstream Corporation
Company Overview
- Name: Summit Midstream Corporation
- Mission: Proven track record of providing energy solutions and being at the forefront of America’s energy value chain.
- Founded: 2009
- Key People: No information is available
- Headquarters: 910 Louisiana Street, Suite 4200, Houston, TX 77002
- Number of Employees: No information is available
- Revenue: No information is available
- Notable For: Developing, owning, and operating midstream energy infrastructure assets strategically located in unconventional resource basins, primarily shale formations, across the continental United States.
Products and Operations
- Core Operations:
- Operating natural gas, crude oil, and produced water gathering systems.
- Serving five unconventional resource basins:
- Williston Basin (North Dakota): Includes Bakken and Three Forks shale formations.
- Denver-Julesburg Basin (Colorado and Wyoming): Includes Niobrara and Codell shale formations.
- Fort Worth Basin (Texas): Includes Barnett Shale formation.
- Piceance Basin (Colorado): Includes Mesaverde, Mancos, and Niobrara Shale formations.
- Arkoma Basin (Oklahoma): Includes Woodford and Caney Shale formations.
- Systems:
- Polar & Divide system: Serves the Williston Basin.
- DFW Midstream system: Serves the Fort Worth Basin.
- Grand River system: Serves the Piceance Basin.
- Niobrara G&P system: Serves the DJ Basin.
- Arkoma G&P system: Serves the Arkoma Basin.
- Equity investment and operation in Double E Pipeline, LLC: Natural gas transmission infrastructure providing transportation service from Delaware Basin to Waha Hub, Texas.
- Business Model:
- Revenue mainly generated through long-term, fee-based gathering agreements.
- Agreements underpinned by areas of mutual interest (AMIs) and minimum volume commitments (MVCs) to ensure stable revenue and limited commodity price exposure.
Recent Developments
- News:
- 01.07.2025: Announced pricing of offering for $250 million of additional 8.625% Senior Secured Second Lien Notes due 2029.
- 01.07.2025: Proposed offering of $250 million of additional 8.625% Senior Secured Second Lien Notes due 2029.
- 12.02.2024: Completed acquisition of Tall Oak Midstream III.
- Product and Feature Updates: No information is available on new products launched or new features added to existing products.
- Partnerships: No information is available on new partnerships.
Additional Information
- Contact Information:
- Houston Office: 832.413.4770
- Emergency Contact: 888.643.7929
This report leverages the available data regarding Summit Midstream Corporation and its operations, recent developments, and strategic focus within the midstream energy sector.
