Kinetik News

Kinetik News

Kinetik’s Midland Office is Moving to a New Location

Friends, This is to advise you that our Midland, Texas office is moving to a new location, effective June 13, 2022. New Address: Kinetik Midland, Texas Office 303 Veterans Airpark Lane, Suite 2000 Midland, TX 79705 432.789.1333 office 432.242.3277 fax Previous Address: Kinetik Midland, Texas Office 500 W. Illinois Ave, Suite 700 Midland, TX 79701 432.789.1333 office 432.242.3277 fax While our prior location served us well for many years, we simply outgrew the space.  The […]


Kinetik and Tachyus Sign Agreement to Deploy Aurion to Monitor, Model and Report Greenhouse Gas Emissions

Kinetik, the largest midstream operator in the Delaware Basin, and Tachyus Corporation, a leader in digital transformation, today announced an agreement to implement Aurion, which will be used to estimate, model, forecast and report greenhouse gas emissions in Kinetik’s operations.  “We look forward to integrating the Aurion platform within our day-to-day operations. We see enhanced carbon accounting and the ability to frequently model and report our GHG emissions as essential in achieving both our long-term […]


Gulf Coast Express Pipeline Announces Open Season For Expansion Project

Increasing natural gas deliveries to the South Texas markets HOUSTON, May 16, 2022 – Gulf Coast Express Pipeline LLC (GCX) today announced an open season to solicit commitments for an expansion project on its system. Upon achieving a final investment decision (FID), the project will increase GCX’s capacity by nearly 570 million cubic feet per day (MMcf/d). The project will involve primarily compression expansions on the GCX system to increase natural gas deliveries from the […]


Kinetik Holdings CEO and President Jamie Welch was again named a finalist in Ernst & Young LLP Entrepreneur Of The Year® program

Kinetik Holdings CEO and President Jamie Welch was again named a finalist in Ernst & Young LLP Entrepreneur Of The Year® program, Central South Division. Entrepreneur Of The Year is one of the preeminent competitive business awards for entrepreneurs and leaders of high-growth companies who think big to succeed.  Welch was selected by a panel of independent judges according to the following criteria – entrepreneurial spirit, purpose, growth and impact – among other core contributions and attributes. View PDF


CEO and President of Kinetik Jamie Welch and other senior leaders from Kinetik were on hand in New York City on Friday, February 25 to celebrate the first day of trading for Kinetik (NASDAQ: KNTK).

CEO and President of Kinetik Jamie Welch and other senior leaders from Kinetik were on hand in New York City on Friday, February 25 to celebrate the first day of trading for Kinetik (NASDAQ:  KNTK).  Welch adds, “Kinetik has tremendous operating leverage with 2 Bcfpd of existing processing capacity that supports meaningful volume growth with minimal capital spend. The Company is uniquely positioned to significantly grow…” Photo Credit: Nasdaq, Inc./ Vanja Savic


Kinetik Issues 2022 Guidance and Announces Capital Allocation Update

Kinetik Issues 2022 Guidance and Announces Capital Allocation Update MIDLAND, Texas and HOUSTON, Feb. 23, 2022 (GLOBE NEWSWIRE) — Kinetik Holdings Inc. (NASDAQ: KNTK) (“Kinetik”, the “Company” or “we”) today provided full year 2022 Guidance. Highlights Super-system interconnect to be completed in June 2022 allowing for 500 Mmcfpd of bi-directional capacity flow between the legacy Altus Midstream and BCP Raptor systems Upside to original $50 million run-rate EBITDA synergy estimate, including a new gathering and […]


Altus Midstream is now Kinetik

KNTK will start trading on the NASDAQ effective tomorrow Kinetik also updates details on Independent Board Members MIDLAND, Texas and HOUSTON, Feb. 22, 2022 (GLOBE NEWSWIRE) — Kinetik Holdings Inc. (“Kinetik”, the “Company” or “we”) today announced the completion of the business combination of Altus Midstream Company (Nasdaq: ALTM) (“Altus”) and BCP Raptor Holdco LP (“BCP”), creating a unique, fully integrated midstream company. Kinetik is the only pure-play midstream company in the Texas Delaware Basin, […]


Altus Midstream Shareholders Approve Combination With BCP Raptor Holdco

Newly Combined Company to be renamed Kinetik at Closing with the New Ticker Symbol “KNTK” HOUSTON, Feb. 10, 2022 (GLOBE NEWSWIRE) — Altus Midstream Company (Nasdaq: ALTM) today announced that its shareholders voted in favor of the previously announced business combination with BCP Raptor Holdco, LP (“BCP”), the parent company of the EagleClaw Midstream business. The all-stock business combination is expected to close on or around Feb. 22, 2022 (“Closing”). New Company Name Altus also […]


EagleClaw Midstream employees from the Midland office recently volunteered at the West Texas Food Bank in Midland, TX.

EagleClaw Midstream employees from the Midland office recently volunteered at the West Texas Food Bank in Midland, TX.  The West Texas Food Bank has been feeding families in entire West Texas area for more than 35 years, and provides food to individuals across 34,000 square miles of Texas.  Employees assisted in inspecting, washing and repacking items.  EagleClaw Midstream encourages employees to give back to the communities in which they live and work, and provides 8 […]


EagleClaw Midstream is among the 45 members of ONE Future reporting methane emissions data for the 2020 ONE Future annual report being released today.

EagleClaw Midstream is among the 45 members of ONE Future reporting methane emissions data for the 2020 ONE Future annual report being released today.  ONE Future members beat the 1% intensity goal by 58% in 2020.  Said another way, the members were 99.58% efficient in delivering a molecule of gas from the rig to the burner tip.  EagleClaw Midstream reports in the Gathering & Boosting and Processing sectors, which beat their sector goals by 47% […]