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Starwood Energy closes deal to acquire Third Coast's Eagle Ford gathering assets

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Starwood Energy closes deal to acquire Third Coast's Eagle Ford gathering assets

Energy-focused private investment firm Starwood Energy Group Global LLC completed its previously announced acquisition of Third Coast Midstream LLC's gas gathering infrastructure in Lavaca County, Texas.

Third Coast's gathering system comprises more than 260 miles of gas gathering pipelines and associated infrastructure, according to a Dec. 9 news release. The system provides gathering and artificial gas lift services to local oil and gas producers in the Eagle Ford Shale.

Third Coast owns assets located in the offshore basins in the Deepwater Gulf of Mexico and onshore basins in the Eagle Ford and east Texas production areas. Starwood Energy focuses on energy infrastructure investments and is an affiliate of Starwood Capital Group Global LP.