Frontier IV to explore new horizons

TULSA — Frontier Energy Services has created Frontier Midstream Solutions IV. The newly formed Frontier IV will pursue new midstream opportunities by taking advantage of Frontier’s deep understanding of and experience in the Permian and other leading basins, the company said.

The Frontier management team has successfully invested more than $1.5 billion of capital in the midstream industry and since 2002, and has completed 16 major midstream projects across six states with a combined 1.3 billion cubic feet per day of gathering and processing capacity, 415 million cubic feet per day of natural gas treating capability, more than 4,000 miles of natural gas gathering and transmission pipeline, 300,000 barrels of crude oil storage and 400 miles of crude gathering and related facilities.

Most recently, Frontier built and operated the Alpha Crude Connector — a 400-mile crude oil pipeline transmission system in the Northern Delaware Basin. In January 2017, Frontier and joint venture partner Concho Resources sold their ownership interests in the Alpha Crude Connector to Plains All American Pipeline for a combined total of $1.215 billion.

“Frontier is proud to continue its legacy business by partnering for the fourth time with Energy Spectrum Capital to continue our prosperous 15-year relationship,” Frontier CEO Dave Presley said. “Energy Spectrum Capital has been an outstanding partner offering unwavering support and deep experience that has led to successful ventures year after year. We look forward to expanding on the momentum achieved with the recent Alpha Crude Connector project to build assets that will result in continued success for our producers and partners.”