Kinetik News

Kinetik News

Infinium and Kinetik Reach Innovative CO2 Utilization Agreement to Advance eFuels Production

Long-term agreement represents a new model for delivering decarbonization benefits across heavy transport and chemical industries Sacramento, CA; April 16, 2024 – eFuels leader Infinium has reached an agreement with a subsidiary of midstream energy company, Kinetik Holdings Inc. (NYSE: KNTK) (“Kinetik”) to purchase carbon dioxide (“CO2”) captured from Kinetik’s gas gathering and processing system in the Permian Basin for use as a feedstock in the production of ultra-low carbon electrofuels (“eFuels”). Infinium eFuels are […]

Kinetik’s Second Annual Holes for Heroes Golf Tournament Raises $175,000 for West Texas First Responders

HOUSTON and MIDLAND, Texas, July 12, 2023 – Kinetik Holdings Inc. (NYSE: KNTK) (“Kinetik” or the “Company”) hosted its second annual Holes for Heroes charity golf tournament on Tuesday, June 27, 2023, raising $175,000 for local first responders across West Texas. More than 140 golfers participated in the event at Ranchland Hills Golf Club in Midland, Texas. The event was made possible by the support of over 40 corporate sponsors. One hundred percent of the […]

The Permian Strategic Partnership Announces Two New Members

Kinetik and WaterBridge to Join the Permian Strategic Partnership in 2022  Midland, TX (Sept. 15, 2022) — The Permian Strategic Partnership (PSP) announced today the addition of two new companies, Kinetik and WaterBridge, bringing their member company count to 19. “We are thrilled to welcome Kinetik, WaterBridge and their respective board members Matt Wall and Jason Long to our team,” said Tracee Bentley, President and CEO of the PSP. “These companies bring tremendous talent and […]

Permian Highway Pipeline Announces Final Investment Decision For Expansion Project

Providing near-term Permian takeaway solution HOUSTON, June 29, 2022 – Permian Highway Pipeline, LLC (PHP) today announced a final investment decision (FID) to proceed with its expansion project after securing binding firm transportation agreements for all available capacity. The project will increase PHP’s capacity by approximately 550 million cubic feet per day (MMcf/d). The project will involve primarily additional compression on PHP to increase natural gas deliveries from the Waha area to multiple mainline connections, […]

EY names 2022 Entrepreneur of the Year Central South regional winners

Ernst & Young has named 16 executives from 15 companies as winners of its 2022 Entrepreneur of the Year for the Central South Region. However, only three are from the Houston area, a stark difference from previous years. The other winners on the list are based in Austin, Brenham, San Antonio and Hutto, Texas. The Central South region also includes Louisiana and Mississippi, according to EY’s website, but no executives from those states made the […]

Kinetik Golf Tournament Raises Over $150,000 For West Texas First Responders

COMPANY’S FIRST CHARITY GOLF EVENT, “HOLES FOR HEROES” TO PROVIDE DONATIONS FOR FIRE, POLICE AND MEDICAL RESPONDERS MIDLAND, Texas, June 29, 2022 – The first-annual golf tournament hosted by Kinetik on June 28, 2022 raised more than $150,000 for 17 West Texas police and fire departments and emergency medical services across West Texas, including Midland and Pecos. Named the “Holes for Heroes” tournament, the event at Ranchland Hills Golf Club in Midland attracted over 140 […]

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