ENCAP INVESTMENTS L.P. CONTACT HOME ABOUT OUR TEAM PORTFOLIO COMMUNITY NEWS RESOURCES & VIDEOS The Midstream Opportunity The development of unconventional oil and gas reserves is changing the North American energy industry, driving the need for new midstream assets and creating significant growth opportunities for the midstream sector. Fueled by growth in shale plays, domestic oil production has now reversed a 20-year trend of declining production. And the U.S. is expected to become a consistent net exporter of crude oil within the coming year. Shale gas alone is expected to grow to more than 50% of the nation’s energy supply portfolio by 2030. Analysis of the emerging natural gas plays in North America points to an aggregate discovered resource base of some 2,000 trillion cubic feet (tcf) and a total, including what is expected to be found in the future, of more than 3,000 tcf. Driven by an acute demand for gathering, processing, fractionation, storage and take-away infrastructure in these emerging shale plays, opportunities in the midstream sector are expanding at a robust rate as the nation reaches for recovery and moves away from its dependence on foreign sources of energy supply. For every $1.00 spent by oil and gas producers on the upstream side, we believe that an expenditure of at least $0.15 to $0.35 will be necessary to provide the midstream infrastructure required to deliver product from the wellhead to market. More than $300 billion has been spent in the midstream sector over the past five years in the United States for organic growth projects and acquisitions/dropdowns, a trend that is expected to continue into the future. The scale of the upstream spending opportunity and the recurring nature of the annual upstream capital requirement represents a compelling opportunity set for midstream investment. “The development of the resource plays in North America has created a unique and compelling opportunity for investments in the midstream energy sector.” Bill Waldrip, Managing Partner & Founder EnCap Flatrock Midstream efmaspen.jpg About The Midstream Opportunity Investment Fundamentals EnCap Investments L.P. ESG Website by TEN|10 Group Privacy Policy Sitemap Copyright © 2021 EnCap Flatrock Midstream San Antonio Office 1826 North Loop 1604 West Suite 200 San Antonio, TX 78248 210-494-6777 Office Phone 210-494-6762 Fax Oklahoma City Office 3856 S. Boulevard Suite 210 Edmond, OK 73013 405-341-9993 Office Phone 405-341-9973 Fax Houston Office 1100 Louisiana Street Suite 5025 Houston, TX 77002 281-829-4901 Office Phone 281-829-4902 Fax