ECP formed Sendero Midstream Partners, LP, a Houston-based midstream company, to focus on MLP-qualifying North American midstream oil and gas assets in attractive shale basins, which feature a meaningful “build” component, opportunities for expansion, and stable cash flow profiles supported by volume or “fee-based” contracts with credit-worthy counterparties.

In December 2017, Sendero completed construction of a new highly efficient 130 MMcf/day cryogenic processing plant and associated facilities in the Northern Delaware basin in Eddy County, New Mexico.