CSV Midstream Solutions

What CSV Midstream Solutions does

CSV Midstream Solutions Corp. is a Calgary-based private midstream company founded in 2014 by Daniel Clarke that develops, builds, and operates natural gas processing infrastructure in northwestern Alberta's Montney formation. The company operates six sour and sweet gas processing facilities—Albright, Karr, Valhalla, Resthaven, Simonette, and Pipestone South—offering integrated services including sour and sweet gas processing, sulfur recovery, liquids handling and fractionation, and gas gathering and transmission pipelines. Its asset base is anchored by the Albright plant, which commenced operations in November 2025 as the first greenfield sour gas facility with sulfur recovery built in Alberta in over 30 years, employing next-generation sulfur recovery technology that achieves more than 99% sulfur recovery. The company is expanding capacity through the Gold Creek plant (regulatory approvals received in August 2024, FID expected 2026) and a new fractionation facility planned for Fort Saskatchewan in Alberta's Industrial Heartland.

CSV generates revenue primarily through long-term (15–25 year) take-or-pay processing agreements with intermediate and large natural gas producers in the Montney and Charlie Lake plays, with incremental revenue from sales of recovered sulfur to agricultural fertilizer, lithium extraction, and industrial markets. The company operates under a "Creating Shared Value" framework that integrates engineering, construction, and operations under one roof, and differentiates through proprietary technology including a next-generation sulfur recovery system, a proprietary water sweetening process that allows recycling of produced sour water for hydraulic fracturing, and a modular design template that has been replicated from Resthaven through Albright, Gold Creek, and Valhalla. Infrastructure funds managed by Northleaf Capital Partners acquired 100% of CSV in June 2019, and the company continues to operate under independent management while pursuing organic growth projects, additional acquisitions (most recently KANATA Energy Group in February 2023), and partnerships such as the EJS Regional Hub joint venture with Fractal Systems for bitumen partial upgrading.

Name

CSV Midstream Solutions

Legal name

CSV Midstream Solutions Corp.

Website

http://csvmidstream.com/

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

51–100 employees

Short description

CSV Midstream Solutions is a Calgary-based private midstream company that develops and operates natural gas processing and sulfur recovery infrastructure in Alberta's Montney formation, serving exploration and production customers through long-term take-or-pay contracts.

Ownership category

akta.pro rank

Product category

Midstream Natural Gas Processing

NAICS

Pipeline Transportation of Natural Gas (486210), Oil and Gas Pipeline and Related Structures Construction (23712), Natural Gas Distribution (221210)

SIC

Oil & Gas Field Services, Nec (1389), Natural Gas Transmission (4922), Crude Petroleum & Natural Gas (1311)

akta.pro primary industry

Field Treating & Separation (Heater Treaters, Separators, LACT) (EUALACAI)

akta.pro secondary industries

Gas Processing Plant Residue Gas & NGL Takeaway (Midstream Interface) (EUAAACAK), Gas Metering, Measurement & Custody Transfer (EUAAACAJ), Pipeline Operations, Integrity & Control (SCADA, Pigging, Leak Detection) (EUALADAK)

Keywords

• Natural gas processing
• Sour gas processing
• Sulfur recovery
• Midstream infrastructure
• Gas gathering pipelines

Headquarters

HQ city

Calgary

HQ country

Canada

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Technology or R&D, Supply Chain, Marketing or Sales

Revenue model

1. Natural Gas Processing Services: CSV Midstream generates revenue through fee-based natural gas processing agreements with producers. The company operates under long-term take-or-pay contracts typically running 15-25 years, providing predictable cash flows. Services include sour and sweet gas processing, sulfur recovery, liquids handling and fractionation, and gas gathering and transmission.
2. Sulfur Commodity Sales: The Albright and Gold Creek facilities recover sulfur as a commodity by-product (up to 370 tonnes per day), which is sold for agricultural fertilizer, lithium extraction for batteries, and industrial applications.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

CSV Midstream Solutions engineers, designs, constructs and operates natural gas midstream infrastructure—including sour and sweet gas processing, liquids handling and fractionation, and gas gathering and transmission pipelines—for exploration and production companies developing the Montney and Charlie Lake formations in northwestern Alberta. The company provides full-service processing under long-term take-or-pay contracts (typically 15–25 years), with sour gas plants delivering next-generation sulfur recovery and a proprietary water sweetening process that returns recycled water to producers.

Product overview

CSV Midstream Solutions is an Alberta-based midstream company offering a full suite of services for complete midstream solutions. The company operates a portfolio of natural gas processing facilities including sour and sweet gas plants (Albright, Karr, Valhalla, Resthaven, Simonette), compressor stations (Pipestone South), and pipeline infrastructure in the Montney region. CSV provides integrated services spanning engineering, design, construction, and operations of natural gas and NGL assets. The company's asset base is anchored by the Albright plant (first greenfield sour gas plant built in Alberta in 30+ years) and expanding through projects like Gold Creek. Beyond core midstream operations, CSV offers proprietary water sweetening technology and has partnered on bitumen upgrading (EJS Regional Hub). The company distinguishes itself through its Creating Shared Value framework, which includes community investment programs like the Creating Shared Value Fund and the Buddy Up mental health initiative.

Differentiator

Problem solved

Functional benefit

Products and services

• Albright Sour Gas Processing Plant A 150 MMcf/d sour gas processing plant with sulfur recovery located west of Grande Prairie in northern Alberta. First greenfield sour gas plant built in Alberta in over three decades, utilizing next-generation sulfur recovery technology achieving more than 99% sulfur recovery. Offers producers long-term take-or-pay sour gas processing, liquids handling, and sulfur disposal/recovery as a by-product sold for fertilizer and industrial applications.
• Karr Gas Plant Sour natural gas processing facility in northwestern Alberta with 150 MMcf/d capacity following the 2020 expansion of the original 6-18 facility acquired from Paramount Resources Ltd. Provides sour gas processing and liquids handling for producers in the Grande Prairie region.
• Resthaven Gas Plant Gas processing plant commissioned in 2018 with inlet capacity of 260 MMcf/day and gas processing capacity exceeding 100 MMcf/day, featuring a repeatable modular design template and serving as the basis for replication at Albright, Gold Creek and Valhalla.
• Simonette Gas Plant One of CSV's first facilities with multiple producers, expanding the company's ability to manage commercial and operational relationships across customers in the Grande Prairie region.
• Valhalla Gas Plant Natural gas processing facility operated by CSV in the Grande Prairie region, leveraging the company's modular design template.
• Pipestone South Compressor Station 60 MMcf/day hydrocarbon liquids handling facility and compressor station serving producers along the Pipestone South corridor, acquired as part of the 2019 Northleaf Capital Partners transaction.
• Gold Creek Sour Gas Processing Plant (regulatory approval received; FID pending) Licensed 150 MMcf/d sour gas plant designed to recover up to 370 tonnes per day of sulphur for critical mineral supply chains (fertilizer, lithium extraction), located adjacent to the Greenview Industrial Gateway. Sister plant to Albright with regulatory approval secured and final investment decision pending.
• EJS Regional Hub (Joint Development with Fractal Systems) Joint development with Fractal Systems for a diluent reduction and partial bitumen upgrading hub utilizing Fractal's Enhanced JetShear (EJS) technology under license. Designed to process approximately 50,000 bpd of bitumen feed with about 50% diluent displacement and approximately 10% lower greenhouse gas emissions. CSV will finance, build, own and operate the facility, integrating it into the company's midstream portfolio.

Quantifiable outcome

• More than 99% sulfur recovery at Albright facility, significantly reducing emissions compared to traditional facilities
• +3 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Greenview Industrial GatewaycoreStrategic or Co-development Partner · 20 August 2024CSV's Gold Creek facility is strategically located adjacent to the Greenview Industrial Gateway and Side Group Rail's Gold Creek rail facility. This location provides flexibility and opportunities to develop long-term local products, services, and economic advantages for the greater Grande Prairie region and Indigenous communities.
• Side Group RailminorStrategic or Co-development Partner · 20 August 2024Side Group Rail's Gold Creek rail facility is adjacent to CSV's Gold Creek sour gas processing plant, providing potential logistics and transportation synergies for sulfur and other commodities produced at the facility.
• Fractal SystemscoreStrategic or Co-development Partner · 14 January 2020CSV and Fractal Systems entered agreement to jointly develop the EJS Regional Hub using Fractal's Enhanced JetShear technology for diluent reduction and partial upgrading of bitumen. CSV will finance, build, own and operate the facility processing approximately 50,000 bpd of bitumen feed. The partnership combines Fractal's innovative technology with CSV's project execution expertise. The EJS technology reduces diluent requirements by 50% and greenhouse gas emissions by approximately 10%.
• Northwestern Alberta FoundationminorOthersThe Creating Shared Value Fund, which directs a portion of revenue from the Albright facility back into the community, is managed through the Northwestern Alberta Foundation with guidance from an independent volunteer committee of local residents.
• Wapiti Area Synergy Partnership (WASP)minorOthersMonthly forum where oil and gas producers, service providers, regulators, landowners, and residents in the Wapiti area work through energy development together. CSV participates in WASP meetings as part of its community engagement approach.
• Centre for Suicide PreventioncoreStrategic or Co-development PartnerCSV partnered with the Centre for Suicide Prevention to develop and implement Buddy Up, a mental health awareness and suicide prevention program integrated into CSV as a system. This is the first program of its kind in Canada's energy sector, teaching people to recognize when someone is struggling and providing tools to reach out, listen, and connect them to help. More than 4,000 people have completed Buddy Up suicide prevention training through CSV.

Scale indicators9 records

Recent moves11 records

Expansion highlights7 records

Direct peers

• Pembina Pipeline Corporation: Pembina is one of Canada's largest midstream operators with natural gas processing, NGL handling, and fractionation assets across Alberta and BC, including significant Montney exposure. CSV operates in the same value chain with overlapping gas processing and liquids handling services, but at a smaller, more Montney-concentrated scale.
• Keyera Corp. Keyera operates an extensive Alberta-based natural gas processing and NGL fractionation network, including assets in the Montney and surrounding plays. Both companies generate fee-based processing revenue under long-term contracts and offer liquids handling/fractionation services, making Keyera one of CSV's closest publicly-traded comps.
• AltaGas Ltd. AltaGas owns natural gas processing and NGL fractionation assets across Alberta and BC, including Montney exposure, and operates one of Canada's largest fractionators at Fort Saskatchewan. The overlap with CSV's planned Fort Saskatchewan fractionation makes AltaGas a directly comparable operator on both gas processing and downstream NGL services.
• NorthRiver Midstream: NorthRiver Midstream is a privately held, OPTrust-backed Canadian midstream company with natural gas gathering and processing assets in northeastern BC and Alberta, including Montney exposure. Its privately-held, infrastructure-fund-owned structure and Montney-focused asset base make it a close direct comparable to CSV.
• Tidewater Midstream and Infrastructure Ltd. Tidewater is a Calgary-based midstream company operating natural gas processing, NGL handling, and pipeline assets in Western Canada, with material Montney exposure. Its product mix (sour/sweet gas processing, NGL, fractionation) closely mirrors CSV's service offering at a similar scale.

Broad incumbents

• Enbridge Inc. Enbridge is a major North American midstream and pipeline operator with substantial natural gas processing, gathering, and transmission assets across Western Canada. While not focused exclusively on Montney midstream like CSV, Enbridge is a broadly comparable incumbent serving many of the same producers with overlapping services.
• TC Energy: TC Energy operates one of the largest natural gas transmission networks in North America and has Western Canadian midstream/gathering assets. It competes with CSV in providing infrastructure to Montney producers but at a much larger scale and with a broader, mostly transmission-focused portfolio.
• Targa Resources Corp. Targa is a large US-based midstream operator focused on natural gas processing, NGL fractionation, and gathering, with analogous fee-based contracts and a comparable value chain position to CSV. While US-focused, Targa's business model and contract structures are a useful benchmark for what a scaled CSV could resemble.

Others

• ARC Resources Ltd. ARC Resources is a major Montney-focused natural gas and liquids producer operating in the same northwestern Alberta play where CSV owns its processing assets. ARC is relevant as a customer-class comparable and a proxy for upstream drilling activity that drives CSV's throughput.
• Tourmaline Oil Corp. Tourmaline is Canada's largest natural gas producer and a leading Montney operator with deep acreage in the Deep Basin. As a major anchor customer class for Montney midstream services, Tourmaline provides a useful reference point for the demand side of CSV's take-or-pay contracts.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/csvmidstream
• Facebookfacebook.com/csvmidstream
• LinkedInlinkedin.com/company/csv-midstream-solutions

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries1 record

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CSV Midstream Solutions