Houston-based Bayou Midstream LLC, an independent energy company, has secured $75 million in funding. The investor was EIV Capital.
HOUSTON, Dec. 13, 2018 /PRNewswire/ — Headquartered in Houston and established in 2018, Bayou is an independent energy company focused on the development and operation of midstream infrastructure assets across the US Rockies region, with a core focus in the Powder River Basin and the Bakken. Bayou is pursuing both greenfield projects and select acquisition opportunities.
Bayou offers full service midstream solutions including gas gathering, processing and treating; crude oil gathering, treating and transportation; and produced water gathering.
Bayou’s experienced management team has worked in a variety of roles bringing a unique perspective to the company. Members of management have complementary backgrounds working for E&P producers, private equity-backed midstream companies, public midstream companies and financial institutions in energy investment banking. Bayou will utilize its comprehensive experience to work alongside producers providing a true partnership with their midstream service provider and allowing producers to focus on drilling and production.
From Bayou Midstream LLC
“We are pleased to partner with EIV Capital and look forward to leveraging our combined expertise to develop world-class midstream assets. Bayou is formed on the principles of integrity and doing what is right for our customers, which will guide our daily operations. We see exciting growth opportunities in our focus areas and are confident in our ability to drive value for our producer partners in these basins. Not only do we have experience developing midstream infrastructure projects but our management team has worked for both E&P producers and downstream companies. This allows us to understand how our partners think, bringing alignment and leading to a successful relationship,” said Travis Roby, Bayou’s Chief Executive Officer.
From EIV Capital
“We are excited to partner with a talented team that has complementary skill sets as well as diverse management backgrounds,” said Patti Melcher, EIV’s Co-Founder & Managing Partner. “We look forward to supporting Travis and his team as they assist producers with solving their infrastructure needs in a safe and reliable manner.”
About Bayou Midstream LLC
Bayou Midstream is a full-service midstream company providing customized solutions for oil and gas producers across the US Rockies region. Bayou provides valuable midstream services to its customers by leveraging its relationships, market knowledge and execution-focused expertise. Bayou is led by:
Travis Roby, Chief Executive Officer
Ross Lairson, Chief Financial Officer
Jared Hamilton, Chief Commercial Officer
For more information, please visit www.bayoumidstream.com.
About EIV Capital
EIV Capital is a Houston-based private equity firm specializing in the energy industry. EIV focuses on the midstream and downstream segments of the market.
EIV is led by:
Patti Melcher, Co-Founder & Managing Partner
For more information, please visit www.eivcapital.com.