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. Sendero’s natural gas gathering system currently comprises approximately 50 miles of large diameter low- and high-pressure gas pipelines and approximately 20,000 horse power of installed field compression in addition to the operational cryogenic plant.