What is Evolution Midstream?
Founded in 2015 and headquartered in Denver, Evolution Midstream operates as an independent midstream service provider specializing in the Rockies region. The company offers a comprehensive suite of services, including natural gas gathering, compression, treating, and processing, alongside crude oil transportation and storage solutions. Through its subsidiary, Rowdy Pipeline LLC, the firm manages critical infrastructure, including a 40 MMcf/d processing facility. The company distinguishes itself through a business model centered on long-term partnerships, accountability, and the delivery of innovative NGL solutions tailored to the specific needs of oil and gas producers.
How much funding has Evolution Midstream raised?
Evolution Midstream has raised a total of $300M across 1 funding round:
Private Equity
$300M
Private Equity (2015): $300M with participation from EnCap Flatrock Midstream
Key Investors in Evolution Midstream
EnCap Flatrock Midstream
EnCap Flatrock Midstream is a specialized private equity firm focused on providing growth capital to the midstream sector of the North American oil and gas industry.
What's next for Evolution Midstream?
Looking ahead, the strategic deployment of this capital will likely focus on scaling the company's gathering systems and enhancing its processing throughput to meet rising regional demand. As the energy landscape evolves, Evolution Midstream is expected to prioritize the optimization of its existing assets while exploring new opportunities to integrate advanced technology into its midstream operations. By maintaining a focus on trust and reliability, the firm aims to solidify its role as a preferred partner for producers, ensuring that its infrastructure remains a vital link in the energy supply chain for years to come.
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