Silver Creek Midstream

What Silver Creek Midstream does

Silver Creek Midstream is a private midstream energy company headquartered in Irving, Texas, that provides crude oil gathering, transportation, and storage services to oil and gas producers operating in Wyoming's Powder River, Big Horn, and Wind River Basins. The company's asset base spans more than 1,000 miles of crude oil pipelines across 12 Wyoming counties and over 2.6 million barrels of combined storage capacity, structured around two core systems: the Powder River Basin Pipeline System (440+ miles, ~800,000 barrels of storage, and a unit and manifest-capable rail facility at the Silver Creek Pronghorn Terminal) and the Red Butte Pipeline System (430 miles, 800,000+ barrels of storage across the Big Horn and Wind River Basins). Through the Powder River Gateway Joint Venture with Tallgrass Energy, the company also has interests in the Iron Horse and Powder River Express pipelines and the Guernsey Hub, which provides 1.2+ million barrels of storage and downstream access to Casper, Patoka, Cushing, and the Gulf Coast. Revenue is generated primarily through FERC-regulated tariffs (Powder River Crude Services, LLC F.E.R.C. No. 1.8.0 and Red Butte Pipe Line, LLC F.E.R.C. No. 181.13.0) and Wyoming Public Service Commission tariffs. The company markets directly to enterprise crude oil producers through long-term contracts, with no public consumer-facing presence; its owners are private equity sponsors Tailwater Capital and Energy & Minerals Group (EMG), along with management. The company is led by founder J. Patrick Barley, who previously founded JP Energy Partners and Lonestar Midstream.

Name

Silver Creek Midstream

Legal name

Silver Creek Midstream Holdings

Website

https://scmidstream.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

51–100 employees

Short description

Silver Creek Midstream is a private Wyoming-focused crude oil midstream operator serving oil producers in the Powder River, Big Horn, and Wind River Basins through 1,000+ miles of FERC-regulated pipelines and 2.6+ million barrels of storage, with downstream market access via a joint venture with Tallgrass Energy.

Ownership category

akta.pro rank

Product category

Crude Oil Midstream Services

NAICS

Pipeline Transportation of Crude Oil (48611), Pipeline Transportation of Crude Oil (486110)

SIC

Pipe Lines (No Natural Gas) (4610)

akta.pro primary industry

Crude Oil Gathering Pipeline Transportation (Upstream Field Gathering) (TLAGAAAB)

Keywords

• Crude oil gathering
• Pipeline transportation services
• Midstream infrastructure
• Crude oil storage
• Oil and gas logistics

Headquarters

HQ city

Irving

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Supply Chain, Others

Revenue model

1. Pipeline Transportation Services: Crude oil gathering and transportation through FERC-regulated pipeline systems serving the Powder River, Big Horn, and Wind River Basins in Wyoming. Revenue is generated through tariff rates filed with FERC and Wyoming PSC.
2. Crude Oil Storage Services: Crude oil storage services providing batch capability through pipeline systems. Operates over 2.6 million barrels of crude storage capacity across multiple facilities.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels1 record

Core offering

Silver Creek Midstream provides crude oil gathering, transportation, and storage services in Wyoming through an integrated portfolio of pipeline systems, terminal facilities, and storage hubs. The company operates the Powder River Basin Pipeline System (440+ miles, rail terminal, ~800,000 barrels storage), the Red Butte Pipeline System (430 miles, 800,000+ barrels storage), and participates in the Powder River Gateway Joint Venture with Tallgrass Energy (Iron Horse and Powder River Express pipelines plus Guernsey Hub with 1.2+ million barrels storage). Services are sold to crude oil producers under FERC-regulated and Wyoming PSC-regulated tariffs.

Product overview

Silver Creek Midstream is a private midstream company providing crude oil gathering, transportation, and storage services in Wyoming through a portfolio of interconnected pipeline systems and terminal facilities. The core offerings consist of the Powder River Basin Pipeline System (440+ miles, ~800,000 barrels storage, rail facility), the Red Butte Pipeline System (430 miles, 800,000+ barrels storage), and the Powder River Gateway Joint Venture with Tallgrass Energy (Iron Horse and Powder River Express pipelines plus Guernsey Hub with 1.2+ million barrels storage). Combined, the company operates over 1,000 miles of crude oil gathering and transportation pipelines across 12 Wyoming counties, providing access to downstream markets including Casper, Patoka, Cushing, and Gulf Coast through batch-capable storage and multiple pipeline connections.

Differentiator

Problem solved

Functional benefit

Products and services

• Powder River Basin Pipeline System A comprehensive crude oil midstream solution spanning Converse, Campbell, Johnson, and Natrona counties in Wyoming, featuring 440+ miles of crude trunkline and gathering pipelines, approximately 800,000 barrels of crude storage, and a unit and manifest train capable rail facility at Silver Creek Pronghorn Terminal. Designed for crude oil producers operating in the Powder River Basin.
• Red Butte Pipeline System A 430-mile crude oil pipeline system with an expansive footprint across the Big Horn and Wind River Basins, currently the largest pipeline gathering asset transporting crude oil out of these basins to Casper, Wyoming, with over 800,000 barrels of storage. Designed for crude oil producers in the Big Horn and Wind River Basins.
• Powder River Gateway Joint Venture A joint venture with Tallgrass Energy that owns and operates the Iron Horse and Powder River Express pipelines and the Guernsey Hub consisting of 1.2+ million barrels of crude storage, providing access to Casper, Patoka, Cushing, and Gulf Coast markets. Provides current pipeline capacity of 175+ thousand barrels per day from Silver Creek's Pronghorn Terminal to Guernsey, expandable to 350+ thousand barrels per day. Designed for Wyoming crude oil producers seeking takeaway to multiple downstream markets.
• Silver Creek Pronghorn Terminal A truck injection and rail terminal facility in Converse County, Wyoming that is unit and manifest capable, serving as a key origination and delivery point for the Powder River Basin Pipeline System. Designed for crude oil producers requiring flexible rail and truck takeaway options.
• Crude Oil Storage Services Crude oil storage services offering over 2.6 million barrels of combined storage capacity across the company's asset base, including batch capability for up to three different specifications of crude oil. Provides Guernsey Hub storage (1.2+ million barrels via joint venture) and Powder River Basin storage (~800,000 barrels). Designed for crude oil producers requiring flexible, batch-capable storage.
• FERC-Regulated Tariff Services Federally regulated crude petroleum transportation tariff services under FERC jurisdiction, including Powder River Crude Services tariffs and Red Butte Pipe Line tariffs published on scmidstream.com/current-tariffs/. Available to crude oil shippers requiring regulated interstate pipeline transportation.
• Wyoming PSC Tariff Services Wyoming Public Service Commission regulated tariff services for crude petroleum transportation within Wyoming. Available to intrastate crude oil shippers operating in Wyoming.

Quantifiable outcome

• Pipeline capacity expandable from 120+ to 350+ thousand barrels per day with drag reducing agents and additional horsepower
• +2 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Tallgrass EnergycoreStrategic or Co-development Partner · 1 January 2019Powder River Gateway Joint Venture partners to form the Powder River Gateway Joint Venture, which owns and operates both the Iron Horse and Powder River Express pipelines and the Guernsey Hub consisting of 1.2+ million barrels of crude storage. Provides current capacity of 175+ thousand barrels per day of pipeline capacity from Silver Creek's Pronghorn Terminal to Guernsey, expandable to 350+ thousand barrels per day.

Scale indicators10 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Tallgrass Energy: Tallgrass Energy is Silver Creek's JV partner in the Powder River Gateway Joint Venture and operates the Iron Horse and Powder River Express pipelines plus Guernsey Hub storage. As a major midstream operator spanning crude, natural gas, and NGL transportation across multiple basins, it is the most directly comparable company due to overlapping infrastructure and commercial relationship.
• Bridger Pipeline LLC: Bridger Pipeline, part of True Companies, operates crude oil gathering and transportation systems across Wyoming, Montana, and the Bakken/Three Forks region. It is a directly comparable private midstream operator focused on Rocky Mountain crude takeaway, sharing customer overlap and basin exposure with Silver Creek.

Broad incumbents

• Plains All American Pipeline: Plains All American operates one of the largest crude oil pipeline networks in North America, with extensive gathering and long-haul transportation assets across major basins. It overlaps with Silver Creek's crude gathering and transportation activities but operates at far greater scale and across multiple commodities and geographies.
• ONEOK: ONEOK is a major midstream operator with large-scale natural gas liquids, natural gas, and crude infrastructure across key U.S. basins including the Rockies. While its crude exposure is a smaller portion of the portfolio, its Wyoming/Rockies footprint and gathering-and-transportation model are broadly comparable to Silver Creek's.
• Enterprise Products Partners: Enterprise Products Partners operates one of the largest integrated midstream networks in the U.S., including crude oil gathering, transportation, and storage assets. Comparable to Silver Creek in business model (gathering + transportation + storage) though vastly larger in scale and geographic reach.
• Energy Transfer: Energy Transfer operates a vast midstream network spanning crude oil, natural gas, and NGL pipelines across the U.S., including gathering, transportation, and storage assets. Comparable to Silver Creek as a crude midstream operator but operating at much broader scale across multiple basins.
• Genesis Energy: Genesis Energy operates crude oil pipeline transportation and storage assets in the Gulf Coast and other key U.S. basins, including soda ash production. While its focus is more on Gulf Coast refining and marine terminal connectivity, its pipeline transportation and storage business model is comparable to Silver Creek's midstream operations.
• Phillips 66 Partners (now part of Phillips 66): Phillips 66 historically operated a major MLP with crude oil, refined product, and NGL pipeline and storage assets serving mid-continent and Gulf Coast markets. Comparable to Silver Creek in crude midstream services but with broader commodity coverage and downstream integration.
• Holly Energy Partners: Holly Energy Partners operates crude oil pipelines and storage terminals principally serving HollyFrontier refineries. Comparable in scale and business model (crude gathering, transportation, and storage) though focused on a refining-centric rather than basin-gathering model.

Emerging players

• Crestwood Equity Partners: Crestwood Equity Partners is a midstream-focused partnership with operations in the Bakken, Permian, and other U.S. basins providing gathering, processing, and storage services. While smaller and more diversified across products than Silver Creek, it is a relevant peer in the private/MLP midstream space serving upstream producers.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/scmidstream
• Facebookfacebook.com/100069594001266
• LinkedInlinkedin.com/company/silver-creek-midstream

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

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 Silver Creek Midstream