A Permian Basin Franchise in the Making
Hoover Energy Partners LP is a rapidly growing independent midstream energy company providing consistent, safe and environmentally sound midstream services to the producing community from the wellhead to downstream markets.
Organized in May of 2008, Hoover’s focus has been the construction, acquisition and optimization of midstream pipeline and plant assets located in the Permian Basin.
Since its organization, Hoover has successfully grown to be the provider of a wide range of midstream services including the gathering of crude oil, lean gas, rich gas and water. Hoover's ever growing operations are comprised of over 25 miles of crude oil pipeline, 160 miles of rich gas pipeline, 500 miles of lean gas pipeline and 60 miles of water disposal pipeline. Additionally, Hoover owns two natural gas treating plants with capacity to treat 200 MMcfd and over 36,000 HP of compression. All of these assets are 100% owned by Hoover and are located in adjoining Ward, Reeves and Pecos Counties, Texas.
The Permian Basin has experienced a rebirth and is poised to once again become one of the premier oil and gas producing basins in North America. Driven by multi-zone crude oil rich opportunities, consisting of the Avalon Shale, Bone Spring and Wolfcamp intervals, the Permian Basin is seeing significant drilling with both vertical and horizontal completions. Rig count in Ward and Reeves Counties continues to rise and the activity continues to move south and east into Pecos County. In the last year, over 1,000,000 acres were leased in Pecos County where well permitting and drilling activity is now underway.
Our organization sets the standard in midstream professionalism and expertise. With over 100 years of midstream experience, Hoover's team is qualified in every discipline including commercial development, construction, operations, marketing, scheduling, accounting and finance.
Experience coupled with ample funding, through our partnership with Energy Spectrum Capital, provides efficient and effective solutions for producers in the Permian Basin. Whether an existing customer enjoying the benefits of excellent runtimes and consistent wellhead pressure or a prospective customer in need of an alternative gatherer, new infrastructure or specific producer services, please call Hoover Energy Partners LP and tell us how we can serve you.
