Alkane Midstream

What Alkane Midstream does

Alkane Midstream was a US-based midstream energy company that operated LNG production and distributed power generation infrastructure serving industrial, oilfield, and data infrastructure customers across seven states. Its core asset was a fully operational 100,000 gallons-per-day LNG production facility in Seminole, Texas, supported by distributed power generation assets and LNG logistics equipment, all operated by an experienced in-house LNG team. The company's customer base spanned three end-markets: industrial and oilfield operations, data center and digital infrastructure power needs, and multi-state energy logistics spanning Arizona, Kansas, Montana, Nevada, North Dakota, Oklahoma, and Texas.

Historically, the platform delivered more than 120 million gallons of LNG and 750 million kilowatt-hours of distributed energy over its operating life. The company operated with a lean team of 11–50 employees and was headquartered in Tioga, with its production footprint concentrated at the Seminole, Texas facility. Its go-to-market was contract-based midstream services — selling LNG production capacity, distributed power, and logistics to industrial and energy customers rather than consumer-facing retail energy.

On April 30, 2026, Alkane Midstream divested Alkane Modus Vis Inc. and associated assets to United Energy Corporation in a $31 million transaction structured with cash, assumed debt, seller financing, and equity consideration. United Energy publicly stated plans to expand Seminole LNG capacity to 250,000 gallons per day, more than doubling throughput at the inherited facility. Following the transaction, Alkane Midstream's independent operating status ended, with the assets, contracts, and operating team continuing under the acquirer's platform.

Name

Alkane Midstream

Website

https://alkanenrg.com

Company type

Private

Founded year

2014

Operating status

Acquired

Headcount range

11–50 employees

Short description

Alkane Midstream was a US midstream energy company operating a 100,000 gal/day LNG production facility in Seminole, Texas, and distributed power generation assets serving industrial, oilfield, and data infrastructure customers across seven states, acquired by United Energy Corporation in April 2026 for $31 million.

Ownership category

akta.pro rank

Product category

Midstream Energy Services

NAICS

Oil and Gas Field Machinery and Equipment Manufacturing (333132), Pipeline Transportation of Refined Petroleum Products (486910), Electric Power Generation, Transmission and Distribution (2211), Mining and Oil and Gas Field Machinery Manufacturing (33313)

SIC

Oil & Gas Field Machinery & Equipment (3533), Wholesale-Petroleum Bulk Stations & Terminals (5171), Totalizing Fluid Meters & Counting Devices (3824)

akta.pro primary industry

LNG Midstream Services & Logistics (Reloading, Transshipment, Breakbulk) (EUALAFAG)

akta.pro secondary industries

Midstream Commercial Services (Capacity Marketing, Balancing & Scheduling) (EUAAACAL), Oil & Gas Midstream & Pipeline O&M (Pipelines, Compressor Stations) (EUAEAGAF), Pipeline Operations, Integrity & Control (SCADA, Pigging, Leak Detection) (EUALADAK), Gas Pipeline & Midstream Asset Management (EUAEAMAF)

Keywords

• LNG production
• Distributed power generation
• Midstream energy services
• Natural gas logistics
• Energy infrastructure

Headquarters

HQ city

Tioga

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Infrastructure, Supply Chain, Personnel

Core offering

Alkane Midstream operates midstream energy infrastructure consisting of a fully operational 100,000 gallons-per-day LNG production facility in Seminole, Texas, distributed power generation assets, and LNG logistics equipment. The company serves industrial facilities, oilfield operations, and data infrastructure customers across seven U.S. states with integrated LNG supply and distributed power solutions.

Product overview

Alkane Midstream operated a portfolio of midstream energy assets consisting of LNG production, distributed power generation, and logistics equipment. The company offered integrated LNG infrastructure serving industrial, oilfield, and data infrastructure markets across seven states. In April 2026, United Energy Corporation acquired Alkane Modus Vis Inc. and associated assets from Alkane Midstream in a $31 million transaction.

Differentiator

Problem solved

Functional benefit

Products and services

• LNG Production Facility (Seminole, Texas) A fully operational LNG production facility in Seminole, Texas, producing up to 100,000 gallons of LNG per day for industrial, oilfield, and data infrastructure customers across the U.S.
• Distributed Power Generation Assets Distributed power generation assets delivering on-site and remote electrical power to industrial, oilfield, and data infrastructure customers; the platform has historically delivered 750+ million kWh of distributed energy.
• LNG Logistics Equipment Logistics equipment and infrastructure supporting the distribution and delivery of LNG across a portfolio of operating contracts spanning Arizona, Kansas, Montana, Nevada, North Dakota, Oklahoma, and Texas.

Quantifiable outcome

• 120+ million gallons of LNG delivered historically
• +1 more outcomes

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators2 records

Recent moves2 records

Expansion highlights3 records

Market position

Weaknesses1 record

Competitive moat3 records

Key risks2 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

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 Alkane Midstream