Tall Oak Midstream III, LLC
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Tall Oak Midstream III, LLC - overview
Established
2017
Location
Edmond, OK, US
Primary Industry
Oil & Gas
About
Founded in the US, Tall Oak Midstream III, LLC provides essential midstream solutions for the oil and gas industry, focusing on transportation and logistics that enhance efficiency and reliability in hydrocarbon movement. Tall Oak Midstream III, LLC is engaged in providing midstream services for the oil and gas sector. The company was founded in 2017 in Edmond, US. It has successfully closed 2 deals, with the most recent deal date being January 27, 2021, when a Buyout round raised USD 200.
00 mn from EnCap Investments. This brought the total amount raised to USD 200. 00 mn. The CEO of the company is Ryan Lewellyn.
Tall Oak Midstream specializes in providing strategic midstream solutions tailored to the needs of oil and gas producers. Their core offerings include transportation and logistics services that facilitate the movement of hydrocarbons from production sites to processing facilities and end markets. These services are crucial in addressing the evolving dynamics of energy transportation, ensuring efficiency and reliability for producers in the oil and gas sector. The company serves a diverse client base, which includes upstream oil and gas companies looking for dependable and cost-effective transportation solutions.
Tall Oak Midstream operates in various geographical markets, focusing on regions with significant oil and gas production activity, such as the Mid-Continent, Permian Basin, and Gulf Coast areas. Tall Oak Midstream generates revenue through a structured service model that targets partnerships primarily within the oil and gas sector. Transactions typically involve agreements with upstream producers to transport crude oil, natural gas liquids, and other hydrocarbons through their network. The firm may engage in long-term contracts that guarantee capacity for its clients, allowing for stable revenue streams.
Specific pricing structures are determined based on service agreements and logistical requirements, reflecting the volume of product transported and the distance covered. The company’s revenue is closely tied to the demand for midstream services, driven by the operational needs of its primary clients and the volatility of the oil and gas market. The company plans to utilize funding from the recent Buyout round to expand its operations and enhance its service offerings. In addition to optimizing existing logistics and transportation capabilities, Tall Oak Midstream III aims to explore new geographic markets to better serve the upstream oil and gas sector.
There are no specific new products mentioned, but enhancements to their current services are likely as they adapt to evolving market demands. The recent acquisition by Tailwater Capital in February 2021 positions the company for potential strategic growth initiatives.
Current Investors
Tailwater Capital
Primary Industry
Oil & Gas
Sub Industries
Oil & Gas Equipment and Services, Oil & Gas Exploration and Production, Natural Gas Utilities
Website
www.talloakmidstream.com
Company Stage
Mature
Total Amount Raised
Subscriber access only
Tall Oak Midstream III, LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Completed | Tall Oak Midstream III, LLC | - | ||||||||
| Buyout | Completed | Tall Oak Midstream III, LLC | - |
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