US-based natural gas production start-up Nuevo Midstream has raised $65m from EnCap Energy Infrastructure Fund, Torch Energy Advisors and Petroleum Fuels Company.
US-based natural gas production start-up Nuevo Midstream has raised $65m from EnCap Energy Infrastructure Fund, Torch Energy Advisors and Petroleum Fuels Company.
The money will help Nuevo Midstream develop and operate midstream infrastructure for natural gas producers in southeast New Mexico and west Texas.
Led by Jay Lendrum, Torch Energy’s current president and chief operating officer, the senior leadership group at Nuevo Midstream has more than 120 years of energy industry experience and also includes Randy Ziebarth, vice…
