Red Cedar Gathering Company

Red Cedar Gathering Company provides essential midstream energy services, specializing in the gathering, treating, and compressing of natural gas sourced from extensive well networks within Tribal territories. Founded in 1994 in Durango, US, Red Cedar Gathering Company focuses on midstream energy services, including gas gathering and treatment. The company has seen operational growth, notably expanding its pipeline systems. The latest funding round was a BUYOUT of USD 87.

00 mn in 2004, led by Southern Ute Indian Tribe Growth Fund and The Stephens Group, with total funding raised being USD 87. 00 mn. Red Cedar Gathering Company (RCG) specializes in midstream energy services, focusing on the gathering, treating, and compressing of natural gas sourced from over 1,200 wells located within the Tribal boundary. The company operates an extensive gathering system that spans approximately 867 miles of pipeline and utilizes over 150,000 horsepower of compression at 25 strategically positioned sites.

RCG's core services include the removal of carbon dioxide and water from the gas stream, achieved through the use of amine and TEG in their centralized treating facility, the Arkansas Loop Plant, which has a treating capacity of approximately 250,000 MCF per day. The treated gas is then delivered to various interstate transportation pipelines for market distribution, targeting both intrastate and interstate markets. The company primarily serves natural gas producers and energy companies, ensuring a reliable supply of pipeline-quality gas for commercial and industrial applications. Red Cedar Gathering Company generates its revenue through the sale of natural gas gathered from producers and its comprehensive midstream services.

The revenue structure is primarily business-to-business (B2B), with transactions occurring between RCG and its clients, which include natural gas producers and energy companies. The firm provides its services through contracts that may involve set fees based on the volume of gas treated and transported. RCG’s flagship services include gas gathering, treating, and compression, which are essential for ensuring compliance with pipeline quality standards. These services facilitate the efficient movement of natural gas from the wellhead to the market, thereby creating a streamlined gas supply chain essential for its clients’ operational needs.

Red Cedar Gathering Company's strategic vision for future growth includes plans to enhance its service offerings and expand its market presence. The company is exploring the introduction of new technologies aimed at improving gas treatment efficiency, although specific product launch dates have not been disclosed. Furthermore, there are intentions to expand operations into additional geographic regions, specifically targeting markets that require enhanced midstream services. The recent funding round will aid in these initiatives by providing necessary capital for infrastructure development and market entry strategies.