BPI Midstream is a group of seasoned professionals with diverse backgrounds that not only bring capital to its portfolio companies, but also deep industry relationships, deal structuring, transaction expertise and strong operational and back office capabilities.
As an operational focused firm, BPI is a true partner with its portfolio companies, helping to facilitate rapid growth and value creation.
BPI Midstream, LLC, a partnership between Starboard Tack Capital, a US-based energy-focused development firm, and Queensland Sands Investments US, an Oil & Gas Investment firm, is focused on building a portfolio of cash flow producing midstream assets related to the byproducts of oil & gas production in the shale regions of the US. BPI has numerous relationships with oil and gas producers and is focused on working to provide these producers the infrastructure they require to transport, dispose or process the byproducts of their drilling and production activities such as saltwater and raw gas streams.
BPI entered into its first saltwater disposal well joint venture with White Owl Energy Services, Inc. in 2016 to construct and operate a saltwater disposal well facility in Tioga, ND. White Owl is a highly-experienced operator with strong relationships in the Bakken. BPI subsequently made an investment in BOH Midstream, saltwater disposal well and pipeline operator based in Williston North Dakota with assets in the Bakken region of the US. BPI continues to seek additional investment opportunities to offer infrastructure and turnkey solutions to producers for their byproduct needs.
BPI has a number of infrastructure projects under development including a fractionation facility in North Dakota, a pipeline gathering system among others.
Meet the Team
BPI Midstream has offices in New Jersey, Northern Virginia and Williston, North Dakota. Our senior management team each has over 30 years of experience including in company operations, investment banking private equity, and the oil and gas industry.
Steven L. Schneider, Managing Director
Tristram E. Collins, Managing Director
Peter D. Tonks, Chief Financial Officer
Timothy L. Seute, Business Development
Charles Allen, Project Development
Email us today to inquire about our projects or to discuss new opportunities.