EagleClaw completed the acquisition of Caprock from Energy Spectrum Capital for $950m.

EagleClaw Midstream, a midstream operator and a portfolio company of Blackstone Energy Partners, completed the acquisition of Caprock Midstream, a provider of gathering, processing, and disposal services for natural gas and crude oil, from Energy Spectrum Capital, a private equity firm, for $950m. “The Caprock system and the EagleClaw system share a lot of geographical and operational synergy. We firmly believe the EagleClaw team will integrate the two systems to provide its combined customers with greater optionality around gas and product takeaway, in-field operational flexibility, and redundancy,” David Ferer, Caprock COO.