EnCap Flatrock Midstream

Founded in 2008, EnCap Flatrock Midstream is a private equity firm focused on investing in and enhancing the value of businesses and assets within North America's midstream oil and gas industry. The firm manages multiple funds totaling over $6 billion in institutional capital commitments, targeting investments in energy infrastructure, industrials, and related sectors.

Dennis Jaggi

Co-Founder

Gregory King JD

Managing Partner

Brett Knowles

Managing Director

David Kurtz

Managing Partner

Matthew R. Melton

Vice President

Bradley J. Misialek

Vice President

Ian S. Morris

Senior Associate

Samuel Pitts

Managing Partner

Abigail R. Stavinoha

Vice President

R. Kyle Stelma

Vice President

Thomas Waldrip

Managing Director

William Waldrip

Co-Founder

Robert Wingo

Managing Director

Past deals in Oilfield Services

Cardinal Midstream Partners

Private Equity Round in 2022
Cardinal Midstream Partners, founded in 2008 and based in Dallas, Texas, specializes in midstream operations with a focus on natural gas gathering, transmission, and processing. The company initially received a significant equity commitment to support its growth, allowing it to develop a robust natural gas gathering and processing system in the Arkoma Woodford Shale. In 2012, Cardinal strategically divested its midstream assets and natural gas contract treating business, selling them for $600 million. Currently, Cardinal is actively pursuing midstream acquisition and development opportunities across North America, with an emphasis on congruent carbon capture and sequestration, aligning its operations with global initiatives aimed at minimizing carbon emissions and facilitating energy transition.

Candor Midstream

Venture Round in 2018
Founded in 2017 by industry veteran Darrel Hagerman, Candor Midstream is a Houston-based independent energy company specializing in midstream services for oil and gas producers across the United States. Led by an experienced team known and trusted within the industry, Candor offers a comprehensive suite of services including natural gas gathering, saltwater disposal, condensate stabilization, and long-haul transportation.

Getka Energy

Private Equity Round in 2018
Getka Energy specializes in providing comprehensive logistics services for crude oil, including storage, blending, truck-to-pipe, and pipeline transportation. The company serves crude oil producers as well as domestic and international marketers, facilitating efficient and safe access to hydrocarbons. Getka Energy emphasizes unique solutions that harness technology, market relationships, and asset expertise, offering clients enhanced agility and optionality across North America. By delivering tailored terminal solutions and logistical support, Getka Energy aims to meet the evolving needs of the crude oil industry while ensuring operational effectiveness.

Greenfield Midstream

Private Equity Round in 2018
Greenfield Midstream is an energy company focused on the development and operation of midstream infrastructure assets across North America. It offers natural gas gathering, processing, treating and compression, crude oil gathering and transportation, water handling, and product marketing services, with a focus on promoting the organic development of midstream assets in underserved areas to support producers. Founded in 2017, the company is headquartered in The Woodlands, Texas.

Lotus Midstream

Private Equity Round in 2018
Lotus Midstream, LLC is an independent energy company headquartered in Sugar Land, Texas, that specializes in crude oil logistics and midstream infrastructure development. Established in 2017, the company focuses on the transportation of crude oil and condensate from the wellhead to market through its pipeline systems. Lotus Midstream offers a comprehensive range of services, including wellhead gathering, intra-basin transportation, terminalling, and long-haul transportation. By identifying optimal markets for supply and demand, Lotus Midstream aims to maximize producer netbacks while providing essential logistics solutions in the energy sector.

Greenfield Midstream

Private Equity Round in 2017
Greenfield Midstream is an energy company focused on the development and operation of midstream infrastructure assets across North America. It offers natural gas gathering, processing, treating and compression, crude oil gathering and transportation, water handling, and product marketing services, with a focus on promoting the organic development of midstream assets in underserved areas to support producers. Founded in 2017, the company is headquartered in The Woodlands, Texas.

Cardinal Midstream Partners

Private Equity Round in 2017
Cardinal Midstream Partners, founded in 2008 and based in Dallas, Texas, specializes in midstream operations with a focus on natural gas gathering, transmission, and processing. The company initially received a significant equity commitment to support its growth, allowing it to develop a robust natural gas gathering and processing system in the Arkoma Woodford Shale. In 2012, Cardinal strategically divested its midstream assets and natural gas contract treating business, selling them for $600 million. Currently, Cardinal is actively pursuing midstream acquisition and development opportunities across North America, with an emphasis on congruent carbon capture and sequestration, aligning its operations with global initiatives aimed at minimizing carbon emissions and facilitating energy transition.

Lucid Energy Group

Private Equity Round in 2016
Founded in 2011 with headquarters in Dallas, Lucid Energy Group specializes in midstream services for producers in the Permian Basin. The company offers gathering, treating, processing, compression, and transportation services, focusing on high-growth areas like the Wolfcamp and Clines shales. Lucid's commitment to unique solutions and clear communication sets it apart, earning trust from its customers.

Stakeholder Midstream

Private Equity Round in 2015
Stakeholder Midstream is a midstream oil and gas company that provides essential services to producers in unconventional shale plays across North America. The company specializes in in-field natural gas gathering, compression, treating, and processing services, as well as crude oil gathering, transportation, and storage. By focusing on environmentally responsible practices, Stakeholder Midstream aims to solve operational challenges and create value for its customers through a range of thoughtful midstream solutions, including permanent carbon sequestration.

Moda Midstream

Private Equity Round in 2015
Moda Midstream is a liquids terminaling and logistics company that specializes in providing independent terminal, storage, and distribution services for a variety of energy products. The company caters to refiners, petrochemical manufacturers, marketers, and producers of crude oil, condensate, natural gas liquids (NGLs), and refined products. Moda Midstream offers a range of services, including deepwater vessel loading and unloading, storage, blending, processing, and pipeline operations. Committed to safety and reliability, the company focuses on delivering flexible multimodal connectivity to ensure that customers receive efficient and effective solutions tailored to their needs.

RiverRock Energy

Private Equity Round in 2014
RiverRock Energy, LLC is a midstream company that specializes in developing infrastructure for the oil and gas sector. Founded in 2014 and based in Shavano Park, Texas, the company focuses on creating tailored solutions for oil and gas producers, particularly in rapidly growing resource plays. RiverRock Energy provides a range of services that include gathering, transportation, and storage for crude oil, natural gas, water, natural gas liquids, and other hydrocarbon liquids. The company operates pipelines, rail systems, and bulk storage facilities throughout various domestic oil and gas basins, emphasizing efficient logistics to meet the unique needs of its customers.

Tall Oak Midstream

Private Equity Round in 2014
Tall Oak Midstream is a midstream service provider focused on supporting oil and gas producers in the Arkoma Basin. The company offers a comprehensive range of midstream solutions, including natural gas gathering, compression, treating, and processing; crude oil gathering and transportation; condensate and water handling; and product marketing services. By delivering these capabilities, Tall Oak Midstream helps build a more sustainable energy infrastructure.

Cardinal Midstream Partners

Private Equity Round in 2013
Cardinal Midstream Partners, founded in 2008 and based in Dallas, Texas, specializes in midstream operations with a focus on natural gas gathering, transmission, and processing. The company initially received a significant equity commitment to support its growth, allowing it to develop a robust natural gas gathering and processing system in the Arkoma Woodford Shale. In 2012, Cardinal strategically divested its midstream assets and natural gas contract treating business, selling them for $600 million. Currently, Cardinal is actively pursuing midstream acquisition and development opportunities across North America, with an emphasis on congruent carbon capture and sequestration, aligning its operations with global initiatives aimed at minimizing carbon emissions and facilitating energy transition.

Lucid Energy Group

Private Equity Round in 2012
Founded in 2011 with headquarters in Dallas, Lucid Energy Group specializes in midstream services for producers in the Permian Basin. The company offers gathering, treating, processing, compression, and transportation services, focusing on high-growth areas like the Wolfcamp and Clines shales. Lucid's commitment to unique solutions and clear communication sets it apart, earning trust from its customers.
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