Easton Energy LLC
About
Easton Energy is a Houston-based midstream company focused on developing infrastructure assets that support the transportation, storage, and processing of NGL, refined products, and petrochemicals. Easton’s primary assets include liquid hydrocarbon salt cavern storage facilities at Markham, TX and approximately 416 miles of product distribution pipelines that connect key product markets along the Texas and Louisiana Gulf Coast. Easton Energy is backed by Cresta Fund Management, a middle-market focused infrastructure firm focused on investing in hard assets that transport, store, process or sequester basic materials.
Editor's note: Updated Nov. 11, 2020.
Headquarters Address
15375 Memorial Dr, Suite 850
Houston, TX 77079
United States
Website
www.easton.energyMain Phone Number
Transactions
Easton Energy Buys Exxon Mobil Pipeline System in South Texas
Easton Energy Buys Exxon Mobil Pipeline System in South Texas
Williams Sells Gulf Coast Assets To Easton Energy For $177 Million
Williams Sells Gulf Coast Assets To Easton Energy For $177 Million
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New Financings
Received a preferred equity investment of up to $245 million from Global Infrastructure Partners through…
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News
Electricity and LNG Drive Midstream Growth as M&A Looms
The midstream sector sees surging global and domestic demand with fewer players left to offer ‘wellhead to water’ services.
‘Knife Fight’ for NGLs Driving Midstream Mergers in 2024
The latest acquisitions in the midstream sector are focusing on natural gas gathering and processing to secure a spot in the lucrative NGL market.
ONEOK Secures Traffic for Growing Midstream Network with $5.9B Deal
ONEOK’s latest deals to acquire controlling interest in midstream companies EnLink and Medallion are considered “neutral” for the company’s credit rating.
ONEOK Closes $280MM Deal for NGL Pipelines East of Houston
ONEOK Inc. plans to attach the network to its Mont Belvieu, Texas, facilities.
ONEOK to Expand NGL Network Around Houston Through $280MM Acquisition
Easton Energy is agreeing to sell 450 miles of lines along Southeast Texas coast to ONEOK.
GIP Makes Up to $245 Million Investment in Houston-based Easton Energy
Proceeds from the GIP investment will be used to fund the organic growth of Easton Energy’s asset base and other strategic growth opportunities, with a tailored delayed draw structure to support both existing and future growth projects.
Easton Energy Buys Exxon Mobil Pipeline System in South Texas
The South Texas Pipeline System has 720 miles of pipeline and runs from Exxon Mobil's Clear Lake and Katy Gas Plants to Energy Transfer's King Ranch Gas Plant and the Port of Corpus Christi
Easton Energy Adds Crude, NGL Storage Rights at Texas Facility
Demand for energy storage has soared as the COVID-19 pandemic crushed fuel demand, spurring oil producers and traders to fill storage facilities across the U.S.