Elevation Midstream

What Elevation Midstream does

Elevation Midstream, LLC is a private Colorado-based midstream energy company operating in the Denver-Julesburg Basin, providing an integrated suite of services to upstream oil and gas producers. Its asset base includes 250 miles of pipeline wellhead gathering, 50,000 Bbls/D of crude oil stabilization, 25,000 Bbls/D of produced water treating, 120 MMCF/D of gas compression, 450,000 bbls of segregated storage across the Platteville Marketing Hub and Lucerne, four truck lanes, and direct interconnects to the Saddlehorn, White Cliffs, Tall Grass, Suncor, and Grand Mesa pipeline systems. The company operates as a common carrier pipeline under published tariffs and serves enterprise customers including Chevron, Civitas Resources, and Occidental Petroleum through long-term transportation service agreements.

Revenue is generated on a fee-based, transaction / tariff model across each service line, with multi-year contracts and binding open seasons used to secure shipper commitments ahead of capital deployment. The business pursues scale and connectivity through basin consolidation, exemplified by the July 2024 merger with Platte River Holdings (a subsidiary of ARB Midstream, LLC), and is currently expanding its gathering footprint via subsidiary DJ South Gathering, LLC, whose new crude oil pipeline is targeted for Q4 2026 in-service following a 2026 binding open season. The company is led by a senior management team with over 200 years of collective industry experience and is headquartered in Denver, Colorado.

The GTM motion is enterprise field sales, targeting major DJ Basin E&P operators directly through shipper relationships and formal open season processes. No revenue, headcount, or ownership-economics data beyond ARB Midstream's controlling interest are publicly disclosed.

Name

Elevation Midstream

Legal name

Elevation Midstream, LLC

Website

https://elevationmidstream.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Elevation Midstream is a private Denver-based midstream operator serving upstream oil and gas producers in Colorado's DJ Basin with integrated crude oil gathering, stabilization, gas compression, produced water treating, storage, trucking, and pipeline transportation services.

Ownership category

akta.pro rank

Product category

Midstream Oil and Gas Services

NAICS

Pipeline Transportation of Crude Oil (4861), Support Activities for Mining (2131), Oil and Gas Pipeline and Related Structures Construction (23712)

SIC

Pipe Lines (No Natural Gas) (4610), Oil & Gas Field Services, Nec (1389)

akta.pro primary industry

Wellsite Gathering & Header Systems (Manifolds, Trunklines) (TLAGAJAI)

akta.pro secondary industry

Produced Water Gathering & Disposal Pipelines (TLAGAJAD)

Keywords

• Crude oil gathering
• Natural gas compression
• Produced water treating
• Oil storage terminaling
• Crude oil transportation

Headquarters

HQ city

Denver

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Pipeline Transportation Services: Fee-based pipeline transportation for crude oil gathering, operating as a common carrier pipeline. Revenue generated through transportation tariffs for moving crude from production areas to market hubs.
2. Gas Compression Services: Compression services for natural gas producers, providing 120 MMCF/D of compression capacity to facilitate gas delivery into pipeline systems.
3. Crude Oil Stabilization: Processing crude oil through stabilization facilities at 50,000 Bbls/D capacity before transportation.
4. Produced Water Treating: Treating produced water at 25,000 Bbls/D capacity for upstream producers, enabling responsible disposal or reuse.
5. Storage and Terminaling: Storage services at Platteville (300,000 bbls) and Lucerne (150,000 bbls) facilities with segregated storage options.
6. Trucking and Logistics: Crude oil trucking operations with 4 truck lanes at Lucerne with segregated lanes for efficient loading and unloading.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels3 records

Core offering

Elevation Midstream operates an integrated midstream infrastructure platform in Colorado's Denver-Julesburg Basin, providing crude oil gathering and stabilization (50,000 Bbls/D), produced water treating (25,000 Bbls/D), natural gas compression (120 MMCF/D), 250 miles of pipeline wellhead gathering, storage and terminaling (450,000 bbls across Platteville and Lucerne), and crude trucking (4 lanes). The company connects DJ Basin producers to multiple downstream pipeline systems including Saddlehorn, White Cliffs, Tall Grass, Suncor, and Grand Mesa, and is building the new DJ South Gathering common carrier pipeline through subsidiary DJ South Gathering, LLC.

Product overview

Elevation Midstream is a midstream energy company operating as a unified portfolio of integrated services in Colorado's Denver-Julesburg Basin. The company delivers a comprehensive suite of midstream solutions including crude oil stabilization (50,000 Bbls/D), produced water treating (25,000 Bbls/D), gas compression (120 MMCF/D), pipeline wellhead gathering (250 miles), storage (450,000 total barrels across Platteville and Lucerne facilities), trucking (4 lanes at Lucerne), and marketing/logistics services. The DJ South Gathering Pipeline, operated by subsidiary DJ South Gathering, LLC, represents a new crude oil gathering system connecting Arapahoe County to Weld County. The company also offers interconnectivity to major pipeline systems including Saddlehorn, White Cliffs, Tall Grass, Suncor, and Grand Mesa. Following the 2024 merger with Platte River Holdings (subsidiary of ARB Midstream), the company expanded its operational footprint and asset base.

Differentiator

Problem solved

Functional benefit

Products and services

• Crude Oil Stabilization
• Produced Water Treating
• Gas Compression
• Pipeline Wellhead Gathering
• Storage and Terminaling
• Trucking
• DJ South Gathering Pipeline
• Marketing, Logistics and Transportation

Quantifiable outcome

• Expanded DJ Basin footprint through merger with Platte River Holdings (subsidiary of ARB Midstream) in July 2024
• +1 more outcomes

Named customers3 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• ARB Midstream, LLCcoreStrategic or Co-development Partner · 11 July 2024ARB Midstream, LLC is the parent company of Platte River Holdings. Elevation Midstream completed a merger with Platte River Holdings in July 2024, enhancing scale, connectivity, and operational efficiency in the Denver-Julesburg Basin. This merger supports long-term growth and basin consolidation.
• Platte River HoldingscoreStrategic or Co-development Partner · 11 July 2024Platte River Holdings, a subsidiary of ARB Midstream, LLC, merged with Elevation Midstream. The merger enhances capacity and connectivity in the Denver-Julesburg Basin, with plans for further growth through organic expansion and potential acquisitions.
• Saddlehorn PipelineminorOthersInterconnect partner for crude oil transportation, enabling Elevation to access Saddlehorn pipeline network for market distribution
• White Cliffs PipelineminorOthersInterconnect partner for crude oil transportation, enabling Elevation to access White Cliffs pipeline network
• Tall Grass PipelineminorOthersInterconnect partner for crude oil transportation, enabling Elevation to access Tall Grass pipeline network
• SuncorminorOthersInterconnect partner for crude oil transportation, enabling Elevation to access Suncor pipeline infrastructure
• Grand Mesa PipelineminorOthersInterconnect partner for crude oil transportation, enabling Elevation to access Grand Mesa pipeline network

Scale indicators8 records

Recent moves7 records

Expansion highlights4 records

Broad incumbents

• Kinder Morgan: One of the largest U.S. midstream operators with extensive natural gas, crude, and product pipeline systems; Saddlehorn Pipeline (a Kinder Morgan affiliate) interconnects with Elevation, making it a partner and a broad comparable on fee-based pipeline economics.
• ONEOK: Large-cap natural gas and natural gas liquids midstream operator with gathering, processing, and pipeline assets; comparable to Elevation on the gas compression and gas gathering side of the business across U.S. basins.
• Plains All American Pipeline: Large-scale U.S. crude midstream operator with extensive gathering and long-haul pipeline systems, including significant Rocky Mountain presence; White Cliffs is a Plains pipeline that interconnects with Elevation, making Plains both a partner and a broader-scale comparable.
• Holly Energy Partners: Crude oil pipeline, storage, and terminaling MLP that operates refined product and crude logistics infrastructure in the U.S., comparable to Elevation's storage and terminaling services and to its overall fee-based midstream business model.
• Energy Transfer: Diversified U.S. midstream operator with crude, natural gas, and NGL pipelines across multiple basins; comparable to Elevation on integrated midstream service delivery, scale economics, and fee-based contract structures.
• ARB Midstream: Strategic midstream platform and parent of Elevation Midstream (via the Platte River Holdings merger); operates a broader portfolio of crude, gas, and water assets across multiple basins, providing a direct comparison for Elevation's asset profile and capital allocation.

Emerging players

• NGL Energy Partners: Midstream operator providing water services, crude oil logistics, and natural gas liquids transportation, with overlapping water gathering/treating and crude logistics service lines versus Elevation's DJ Basin operations.

Direct peers

• Tallgrass Energy: Operates crude oil and natural gas pipelines including Pony Express and Tallgrass Interstate — Tallgrass is both an interconnect partner for Elevation and a direct competitor for crude takeaway from the DJ Basin to broader U.S. markets.
• Western Midstream Partners: Master limited partnership that operates crude oil, natural gas, and produced water gathering and processing systems across the DJ Basin and other Rocky Mountain regions — directly competing with Elevation in the same wellhead gathering and stabilization service lines for the same E&P customers.
• Crestwood Midstream Partners: Gathering, processing, and logistics operator focused on crude, natural gas, and produced water in U.S. shale basins; comparable business model to Elevation with similar wellhead gathering, stabilization, and water-handling service lines.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/elevation-midstream

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

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

M&A1 record

Investments

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

Frequently asked questions about Elevation Midstream