Summit Midstream Partners LP (SMLP)

Overview

Summit Midstream Partners, LP, founded in 2009 and headquartered in Houston, Texas, is an entity specialized in owning, developing, and managing midstream energy infrastructure in North America. Primarily serving the continental United States, Summit Midstream focuses on infrastructure within major shale formations. The company places a strong emphasis on providing essential services such as natural gas gathering, compression, treating, and processing. Additionally, it offers crude oil and produced water gathering services along with freshwater delivery solutions. These services are vital for natural gas and crude oil producers, enabling efficient and safe transportation and processing of energy resources. Summit Midstream operates under the management of Summit Midstream GP, LLC, which acts as its general partner, indicating a structured partnership to best serve the needs of its clients in the energy production sector.

Products and Services

• Natural Gas Gathering, Compression, Treating, and Processing: Summit Midstream manages an extensive network for the collection and processing of natural gas. This includes compression, which is vital for transporting gas over long distances, and treating, which prepares the gas for further processing or sale. The processing services ensure that natural gas meets market specifications and safety requirements.
• Crude Oil and Produced Water Gathering Services: The company offers specialized infrastructure for gathering crude oil, ensuring its safe and efficient transport from production sites to processing facilities or markets. Similarly, Summit Midstream deals with produced water, a byproduct of oil and gas extraction, providing necessary gathering services to manage and transport this water for disposal or recycling.
• Freshwater Delivery Services: Recognizing the critical need for freshwater in hydraulic fracturing and drilling operations, Summit Midstream provides freshwater delivery solutions. These services ensure that oil and gas producers have the required water supplies for their operational needs, highlighting the company's role in supporting the entire lifecycle of energy production.
• Summit Utica System: This system focuses on the Utica and Point Pleasant shale formations located in southeastern Ohio. It is designed to handle natural gas and condensates, showcasing Summit Midstream's capability in managing assets across different geographies and geological formations.
• Mountaineer Midstream System: Serving the Marcellus shale in the Appalachian Basin of West Virginia, this system emphasizes the company's presence in key shale areas, further reinforcing its role in supporting energy infrastructure in critical production zones.
• Polar and Divide System: Targeting the Bakken and Three Forks shale formations in northwestern North Dakota, this system illustrates the company's adaptability and strategic placement in significant oil-producing regions.
• Niobrara G&P System: Located near Hereford, Colorado, this system services the Niobrara and Codell shale formations, extending Summit Midstream's reach into the Mid-Continent region and offering gathering and processing services tailored to the unique needs of producers in the area.
• Interstate Natural Gas Transmission Pipeline (Double E): A 135-mile pipeline that signifies the company's capability to manage and operate long-distance natural gas transmission projects, essential for connecting production areas with markets or further processing facilities.
• Grand River System: Gathering natural gas from the Mancos and Niobrara shale formations in western Colorado, this system highlights the company's comprehensive approach to managing diverse types of energy resources, from traditional oil and gas to emerging shale developments.
• DFW Midstream System: Focused on the Barnett Shale formation in north-central Texas, this asset further supplements Summit Midstream's portfolio, offering specialized services for one of the most prolific natural gas-producing areas in the United States.