Arrowhead Gulf Coast Holdings' pipeline and terminal operations will expand Harvest Midstream's already established interests in southern Louisiana. (Source: G B Hart / Shutterstock.com)
Harvest Midstream purchased the remaining interest in Arrowhead Gulf Coast Holdings LLC, making Harvest the sole owner of the company, a press release announced on July 20.
Arrowhead's operations include 300 miles of pipelines and terminal assets in southern Louisiana used for the transport of crude oil and condensate, including the BOA/CAM pipelines that supply crude to the Valero Meraux and PBF Chalmette refineries.
The company's other pipeline and terminal assets include Golden Cocodrie, Atchafalaya, Eugene Island, Erath Tank Farm, Burns dock, Burns terminal and Sabine.
Prior to Harvest signing, funding and closing on the transaction, it held a 62.5% stake in the company, with BlackRock Real Assets owned the remaining 37.5% stake.
“Harvest has a long history of operating in southern Louisiana,” Harvest CEO Jason Rebrook said in the release. “The closing on [Arrowhead] is a continuation of our longstanding commitment to the region."
"It also shows the tremendous potential we see along the Louisiana Gulf Coast," he continued. "We are committed to providing best-in-class service to our customers as the region continues to grow.”
Houston-based Harvest is a midstream service provider with an interest in over 6,000 miles of pipeline across Alaska, Colorado, Louisiana, New Mexico, Ohio, Pennsylvania and Texas.
Recommended Reading
DOE Approves Non-FTA Permit Extension for Golden Pass LNG
2025-03-05 - Golden Pass LNG will become the ninth U.S. LNG export facility following the U.S. Department of Energy’s approval for an extension of its non-free trade agreement permit.
Court Rejects Activists’ Protest of Woodside LNG Pipeline Project
2025-03-31 - Woodside Energy Group prevailed against environmental groups’ arguments to stop a pipeline to Louisiana LNG in a case that originated before the Australian company bought the project.
Trade War! Or Maybe Not
2025-03-06 - An energy industry that prefers stability gets hit with whiplash as it attempts to adjust to the Great Disruptor taking over the White House.
Trump Fires Off Energy Executive Orders on Alaska, LNG, EVs
2025-01-21 - President Donald Trump opened his term with a flurry of executive orders, many reversing the Biden administration’s policies on LNG permitting, the Paris Agreement and drilling in Alaska.
API: Congress Needed for Long-Lasting Policy Changes
2025-01-14 - The American Petroleum Institute lays out its political plans as the next presidential administration prepares to take office.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.