Harvest Midstream acquiring Williams Partners assets

By Patrick C. Miller | July 31, 2018

Houston-based Harvest Midstream Co.—an affiliate of Hilcorp Energy Co.—will acquire the Four Corners area assets in Colorado and New Mexico from Williams Partners LP for $1.125 billion.

“This is an important investment for Harvest and part of our continued commitment to the Four Corners region,” said Jason Rebrook, Harvest Midstream CEO. “We believe this will be a significant economic benefit for the community. Our focus is on becoming the premier midstream services provider in the San Juan by reliably serving all of our customers.”

The system encompasses more than 3,700 miles of pipeline, two gas processing plants, and one CO2 treating facility in the counties of San Juan and Rio Arriba, New Mexico, and La Plata, Colorado. It has an inlet gathering capacity of 1.8 billion cubic feet of gas per day. Harvest Midstream and Williams Partners expect to complete the sale of these assets within the next few months, pending various regulatory approvals.

 “Harvest Midstream is a company committed to customer service and the safe, efficient and reliable transportation of natural gas and oil,” said Sean Kolassa, president of Harvest Midstream. “

Headquartered in Tulsa, Oklahoma, Williams Partners owns and operates more than 33,000 miles of pipelines transporting natural gas and its products. Williams Partners’ operations involve approximately 30 percent of U.S. natural gas supplies.

Harvest Midstream—formerly Harvest Pipeline Co.—is a privately held midstream services provider. It operates oil and natural gas gathering, storage, transportation, treatment and terminal assets across the Lower 48 and Alaska.