Rimrock Energy Partners
- Company typePrivate
- Founded2015
- HeadquartersDallas, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
Rimrock Energy Partners firmographics
Firmographics- Name
- Rimrock Energy Partners
- Legal name
- Rimrock Energy Partners, LLC
- Website
- https://rimrockenergy.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Rimrock Energy Partners industry classification
Industry- Product category
- Midstream Energy Services
- NAICS
- Support Activities for Mining (21311)
- SIC
- Oil & Gas Field Services, Nec (1389)
- akta.pro primary industry
- Gas Pipeline & Midstream Asset Management (EUAEAMAF)
Keywords
Where Rimrock Energy Partners is headquartered
LocationHeadquarters
- HQ city
- Dallas
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Rimrock Energy Partners business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Operations, Personnel, Technology or R&D, Others
Revenue model
- Natural Gas Gathering & Processing Fees: Rimrock generates revenue through fees charged to oil and gas producers for gathering raw natural gas from wellpads and processing it at cryogenic facilities. Revenue is derived from long-term acreage dedications and volumetric commitments from producer customers. The company provides infrastructure that enables producers to move natural gas from wells to downstream markets.
- Midstream Asset Development & Operations: The company develops, acquires, and operates midstream assets across crude oil, natural gas, and NGL commodities. Revenue comes from asset operations including gas processing plants, gathering pipelines, and storage facilities serving producers throughout North American energy basins.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Multi-year contract | Custom midstream service agreements based on producer needs and commitment levels |
Go-to-market motion2 records
Distribution channels1 record
Marketing channels3 records
Rimrock Energy Partners product offering
Product offeringCore offering
Rimrock Energy Partners acquires, develops, and operates midstream energy assets, with its primary offering being the Pierce Gas Processing & Gathering System in the DJ Basin. The system consists of a 200 MMcf/d cryogenic gas processing plant and over 135 miles of low-pressure gathering pipelines serving oil and gas producers in the northwestern portion of the Wattenberg Field in Weld County, Colorado. The company generates revenue through long-term acreage dedications and usage-based gathering and processing fees, providing producers with access to premium residue gas and NGL markets.
Product overview
Rimrock Energy Partners is a strategic, growth-oriented midstream energy company focused on the acquisition, development, and management of midstream assets across crude oil, natural gas, and natural gas liquids. The company's primary current offering is the Pierce Gas Processing & Gathering System, which represents its core natural gas midstream operations in the DJ Basin. Rimrock previously developed and sold crude oil-focused assets including the Grand Mesa Pipeline (675-mile crude pipeline sold to NGL Energy Partners), Platte River Gathering System (sold to ARB Midstream), El Dorado Crude Oil Storage Facility (sold to Holly Energy Partners), and Lost River Transport crude oil trucking operations.
Differentiator
Problem solved
Functional benefit
Products and services
- Pierce Gas Processing & Gathering System Natural gas gathering and cryogenic processing system in Weld County, Colorado serving producers in the northern DJ Basin's Wattenberg Field. Includes a 200 MMcf/d cryogenic gas processing plant (expandable to 400 MMcf/d) and over 135 miles of low-pressure gathering pipeline, providing access to premium residue gas and NGL markets under long-term acreage dedications.
- Responsibly Sourced Gas (RSG) Gathering & Processing Services
Quantifiable outcome
- 200 MMcf/d initial cryogenic gas processing capacity with expansion capability to 400 MMcf/d
- +2 more outcomes
Companies that use Rimrock Energy Partners
Customer profileNamed customers3 records
Segments2 records
Ideal customer profiles2 records
Rimrock Energy Partners technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Rimrock Energy Partners partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered strategic and core.
- Project CanarystrategicDenver-based B-Corp focused on continuous emissions monitoring data and technologies across the energy sector. Provides real-time, on-site monitoring and independent RSG (Responsibly Sourced Gas) certification for Rimrock's gas gathering and processing operations. Through TrustWell certification process, reviews over 300 engineering and operational aspects of natural gas production and delivery.
- Colorado Springs UtilitiesstrategicMunicipal utility serving the Pikes Peak region in Colorado. Part of the first-of-its-kind RSG pilot project that extends from wellhead to burner tip. Colorado Springs Utilities purchases certified RSG produced by Bayswater, gathered and processed by Rimrock, and transported by Kinder Morgan for consumer and community use.
- Bayswater Exploration & ProductionstrategicColorado-based private oil and natural gas development company participating in the RSG pilot project. Produces certified responsibly sourced natural gas that is gathered and processed by Rimrock before delivery to Colorado Springs Utilities through Kinder Morgan's Colorado Interstate Gas Company pipeline.
- Kinder Morgan (Colorado Interstate Gas Company)strategicNYSE-listed energy infrastructure company (KMI) operating approximately 83,000 miles of pipelines. Subsidiary Colorado Interstate Gas Company transports certified RSG from Rimrock's processing facilities to Colorado Springs Utilities as part of the RSG pilot project. Member of ONE Future Coalition working to reduce methane emissions to 1% or less by 2025.
- Confluence ResourcescorePrivate oil and gas company with holdings in the Greater Wattenberg Area of the DJ Basin, Colorado. Founded in September 2016 with recognized industry leaders. Confluence has provided Rimrock with a long-term acreage dedication and Rimrock has extended its gathering system 16 miles east to serve Confluence's leasehold position in the northern DJ Basin.
Scale indicators11 records
Recent moves9 records
Expansion highlights5 records
Rimrock Energy Partners competitors and assessment
Company assessmentDirect peers
- Western Midstream Partners: Master limited partnership that operates natural gas gathering, processing, and transportation assets concentrated in the DJ Basin and other Rocky Mountain regions. Rimrock's Pierce System directly competes for producer dedications and capital in the same Weld County / Wattenberg footprint where Western Midstream is the incumbent midstream operator.
- Crestwood Equity Partners: Midstream partnership focused on natural gas, NGL, and crude gathering/processing in the Rockies and other basins. Crestwood's footprint and asset mix closely mirror Rimrock's, and it represents a directly comparable smaller/mid-cap midstream platform.
Broad incumbents
- DCP Midstream: One of the largest U.S. natural gas midstream operators, with gathering, processing, and NGL infrastructure across multiple basins. DCP competes with Rimrock for capital, producer relationships, and acquisition opportunities in the DJ Basin and broader Rocky Mountain region, while also serving as a logical strategic acquirer of midstream platforms like Rimrock.
- Targa Resources: Large-cap midstream operator with gathering, processing, and NGL fractionation assets across major U.S. basins. Targa is a relevant comparable for Rimrock's gas processing business model and represents a potential strategic acquirer as it continues expanding its processing footprint.
- EnLink Midstream: Midstream operator focused on natural gas, NGL, and crude oil gathering and processing across multiple U.S. basins. EnLink provides a comparable operational and capital-structure profile for a private, sponsor-backed midstream platform like Rimrock and competes for similar growth capital and bolt-on opportunities.
- Kinder Morgan: Largest U.S. energy infrastructure company with ~83,000 miles of pipelines. Kinder Morgan is both an offtake partner for Rimrock's RSG gas (via Colorado Interstate Gas) and a comparable benchmark for scaled midstream operations and long-haul transportation economics.
- Williams Companies: Major natural gas midstream and transportation operator with gathering and processing across key U.S. basins. Williams competes for sponsor capital and acquisition targets while also serving as a logical long-term acquirer of platforms like Rimrock's Pierce System given its strategic interest in DJ Basin and Rocky Mountain growth.
Others
- Civitas Resources: Largest pure-play DJ Basin crude and natural gas producer formed through the merger of Bonanza Creek, Extraction Oil & Gas, and Crestone Peak Resources. Civitas is both a current and potential anchor customer for Rimrock's Pierce System and a key counterparty whose drilling pace directly drives Rimrock's throughput volumes.
- NGL Energy Partners: Acquired Rimrock's Grand Mesa Pipeline in 2014, making it a historical transaction counterparty. NGL's role as a strategic acquirer of midstream assets developed by the Rimrock team validates the build-and-sell model and represents a potential future exit path.
- Energy Spectrum Capital (parent): Dallas-based PE firm and Rimrock's equity sponsor, with $4.4B+ raised across 55+ portfolio companies since 1996. Other Energy Spectrum portfolio companies operate gathering and processing assets in overlapping basins and serve as natural benchmarks for Rimrock's asset-level economics and sponsor return profile.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Rimrock Energy Partners social profiles
Digital presenceRimrock Energy Partners financial estimates
Financial estimateRevenue estimate
Valuation estimate
Rimrock Energy Partners leadership team
Management profileNumber of profiles
Profiles5 records
Rimrock Energy Partners funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Rimrock Energy Partners M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Rimrock Energy Partners
What does Rimrock Energy Partners do?
Rimrock Energy Partners acquires, develops, and operates midstream energy assets, with its primary offering being the Pierce Gas Processing & Gathering System in the DJ Basin. The system consists of a 200 MMcf/d cryogenic gas processing plant and over 135 miles of low-pressure gathering pipelines serving oil and gas producers in the northwestern portion of the Wattenberg Field in Weld County, Colorado. The company generates revenue through long-term acreage dedications and usage-based gathering and processing fees, providing producers with access to premium residue gas and NGL markets.
Is Rimrock Energy Partners a public or private company?
Rimrock Energy Partners is a private company. It is classified as private equity controlled and is currently operating.
When was Rimrock Energy Partners founded?
Rimrock Energy Partners was founded in 2015. It employs 11 to 50 people.
Where is Rimrock Energy Partners based?
Rimrock Energy Partners is headquartered in Dallas, United States, in the North America region.
How does Rimrock Energy Partners make money?
Two revenue lines are on record. Natural Gas Gathering & Processing Fees are the primary driver. The others are midstream Asset Development & Operations.
Who are Rimrock Energy Partners's main competitors?
Direct peers on record are Western Midstream Partners and Crestwood Equity Partners. Broad incumbents are DCP Midstream, Targa Resources, EnLink Midstream, Kinder Morgan and Williams Companies. Others are Civitas Resources, NGL Energy Partners and Energy Spectrum Capital (parent).
Does Rimrock Energy Partners have an API?
No public API is recorded for Rimrock Energy Partners.
What industry is Rimrock Energy Partners in?
Rimrock Energy Partners's product category is Midstream Energy Services. Its primary akta.pro industry code is EUAEAMAF, Gas Pipeline & Midstream Asset Management. Its NAICS code is 21311 and its SIC code is 1389.