4 AM Midstream acquires midstream assets from White Star Petroleum

OKLAHOMA CITY — 4 AM Midstream, LLC announced that it has acquired midstream oil and gas gathering assets from White Star Petroleum, LLC an independent oil and natural gas exploration and production company headquartered in Oklahoma City. 

Also based in Oklahoma City, 4 AM provides gathering and processing services to oil and gas producers in markets with growing production. The relationship between Virgo Investment and 4 AM Midstream provided the catalyst for this strategic acquisition.

The acquired assets are in central Oklahoma and will transport oil and gas from White Star and neighboring production companies to major markets.  The assets include 253 mi of gas gathering pipelines including 26 mi of high pressure lines and 214 mi of crude oil gathering pipelines.

"The acquisition of White Star's midstream assets is the first phase of our overall strategy for Central and Western Oklahoma. The system was built to accommodate a substantial drilling and production program in the Mississippi Lime play. 4 AM has identified an opportunity to leverage this asset to additionally provide gathering services to producers in the fast-growing STACK basin in Oklahoma who are currently trucking their production," said Chief Executive Officer Aubrey Harper. 

• Most Read
• Most Commented