Hiland Partners
Hiland Partners was a private U.S. midstream energy company operating crude oil gathering pipelines and natural gas gathering and processing systems for major Bakken Formation producers under long-term, fee-based, acreage-dedicated agreements.
- Company typePrivate
- Founded2004
- HeadquartersEnid, United States
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Hiland Partners does
Hiland Partners was a privately-held U.S. midstream energy infrastructure company that operated crude oil gathering and transportation pipelines and natural gas gathering and processing systems primarily serving production from the Bakken Formation in North Dakota and Montana. The company's assets collected crude oil and natural gas directly from production wells and delivered crude via pipeline to downstream markets while processing natural gas to remove impurities prior to transport. Hiland's infrastructure was positioned across what Kinder Morgan described as "the most attractive and economically viable areas" of the Bakken basin.
Hiland generated revenue through fee-based, usage-based midstream services provided to enterprise oil and gas exploration and production customers under long-term gathering agreements with acreage dedications. Named customers included Continental Resources, Oasis Petroleum, XTO Energy, Whiting Petroleum, and Hess Corporation — five of the largest producers in the Bakken. The acreage-dedication model created contracted cash flows that were tied to producer drilling and completion activity rather than to commodity prices, and it locked in volume commitments across dedicated acreage for the contract term.
The company was acquired by Kinder Morgan, Inc. (NYSE: KMI) on February 13, 2015 for approximately $3 billion, including the assumption of approximately $1 billion of debt. Kinder Morgan framed the acquisition as establishing a "premier midstream platform" in the Bakken and as providing immediate and long-term accretion to cash available to pay dividends to KMI shareholders. Following closing, Hiland Partners ceased operating as an independent entity and became a wholly-owned subsidiary of Kinder Morgan.
Hiland Partners firmographics
Firmographics- Name
- Hiland Partners
- Legal name
- Hiland Partners
- Website
- https://hilandpartners.com
- Company type
- Private
- Founded year
- 2004
- Operating status
- Acquired
- Headcount range
- 51–100 employees
- Short description
- Hiland Partners was a private U.S. midstream energy company operating crude oil gathering pipelines and natural gas gathering and processing systems for major Bakken Formation producers under long-term, fee-based, acreage-dedicated agreements.
- Ownership category
- akta.pro rank
Hiland Partners industry classification
Industry- Product category
- Midstream Energy Infrastructure
- NAICS
- Pipeline Transportation of Crude Oil (4861), Oil and Gas Extraction (211), Crude Petroleum Extraction (211120), Pipeline Transportation of Crude Oil (486110)
- SIC
- Crude Petroleum & Natural Gas (1311), Pipe Lines (No Natural Gas) (4610), Natural Gas Transmisison & Distribution (4923)
- akta.pro primary industry
- Crude Oil & Condensate Gathering (EUALACAB)
- akta.pro secondary industries
- Natural Gas Gathering Systems (EUALACAA), Crude Oil Field Gathering Systems (TLAGAJAA), Midstream Commercial Services (Capacity Marketing, Balancing & Scheduling) (EUAAACAL)
Keywords
Where Hiland Partners is headquartered
LocationHeadquarters
- HQ city
- Enid
- HQ country
- United States
- HQ region
- North America
Markets served
Hiland Partners business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Operations, Supply Chain, Personnel
Revenue model
- Fee-based Midstream Services: Hiland generated revenue primarily through fee-based midstream services including crude oil gathering and transportation via pipelines, and natural gas gathering and processing. The assets served production from the Bakken Formation with long-term gathering agreements under acreage dedications with major producers.
Distribution channels1 record
Hiland Partners product offering
Product offeringCore offering
Hiland Partners operated fee-based midstream energy infrastructure providing crude oil gathering and transportation pipelines and natural gas gathering and processing systems, primarily serving production from the Bakken Formation in North Dakota and Montana under long-term gathering agreements with acreage dedications from major Bakken producers.
Product overview
Hiland Partners operated as a midstream energy infrastructure company offering crude oil gathering and transportation pipeline services and natural gas gathering and processing systems. The company served major Bakken Formation producers through fee-based arrangements under long-term gathering agreements, providing dedicated acreage services to customers including Continental Resources, Oasis Petroleum, XTO Energy, Whiting Petroleum, and Hess Corporation.
Differentiator
Problem solved
Functional benefit
Products and services
- Crude Oil Gathering and Transportation Pipelines Midstream infrastructure for collecting crude oil from production wells and transporting it through pipelines to processing facilities or larger transmission networks, primarily serving the Bakken Formation region; provided to oil and gas exploration and production companies under long-term fee-based gathering agreements.
- Natural Gas Gathering and Processing Systems Infrastructure for collecting natural gas from production wells, removing impurities, and processing it for transport, supporting Bakken Formation production in North Dakota and Montana; provided to oil and gas exploration and production companies under long-term fee-based gathering agreements.
Quantifiable outcome
- Provides immediate and long-term accretion to cash available to pay dividends to KMI shareholders
Companies that use Hiland Partners
Customer profileNamed customers5 records
Segments1 record
Ideal customer profiles1 record
Hiland Partners technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Hiland Partners partnerships and signals
Strategic signalScale indicators3 records
Recent moves2 records
Hiland Partners competitors and assessment
Company assessmentDirect peers
- ONEOK: Major U.S. midstream operator with significant natural gas processing, NGL, and crude gathering exposure in the Bakken and Williston Basin. Closely comparable to Hiland on its natural gas gathering/processing and crude gathering franchise, fee-based revenue model, and long-term producer dedications.
- Targa Resources: Leading natural gas gathering and processing operator with associated NGL handling. Most directly comparable to Hiland's natural gas gathering/processing segment and fee-based contracting approach with major producers.
- Hess Corporation (Midstream JV — Hess Midstream Partners): Hess Midstream operates crude oil, natural gas, and produced water gathering dedicated primarily to Hess's Bakken production — directly comparable in scope, contract structure, and dedicated-acreage model.
- Plains All American Pipeline: One of the largest U.S. crude oil midstream companies with extensive gathering and transportation pipeline assets. Comparable on the crude gathering/transportation side of Hiland's franchise and fee-based contract model.
- Crestwood Midstream Partners (now Energy Transfer): Pre-acquisition peer that operated crude oil, natural gas, and produced water gathering systems in the Bakken under long-term producer dedications. Directly comparable business mix, contract structure, and basin focus.
- EnLink Midstream (acquired by ONEOK): Midstream operator with significant Bakken crude oil and natural gas gathering assets under long-term acreage dedications. Highly comparable in scale, contract structure, and fee-based revenue model.
Broad incumbents
- Energy Transfer: Diversified midstream major with crude oil, natural gas, and NGL gathering and processing across multiple basins including the Bakken. Comparable in operating model and contract structure, but operates at national scale and across multiple commodities.
- Williams Companies: Large U.S. midstream operator focused on natural gas gathering, processing, and transportation with long-term fee-based contracts. Broadly comparable fee-based philosophy and gathering/processing model, though national in scope rather than Bakken-focused.
- Kinder Morgan: Largest U.S. energy infrastructure operator across crude, products, natural gas, and CO2; parent of Hiland post-2015. Comparable on the broad midstream operating model, though Kinder Morgan operates at much larger scale and broader geographic reach.
Regional players
- MDU Resources: Diversified regional energy company with significant natural gas gathering and processing operations serving Bakken-area producers in the northern Plains. Comparable in regional midstream activities and producer customer base.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
Hiland Partners social profiles
Digital presenceHiland Partners financial estimates
Financial estimateRevenue estimate
Valuation estimate
Hiland Partners leadership team
Management profileNumber of profiles
Hiland Partners funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Hiland 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 Hiland Partners
What does Hiland Partners do?
Hiland Partners operated fee-based midstream energy infrastructure providing crude oil gathering and transportation pipelines and natural gas gathering and processing systems, primarily serving production from the Bakken Formation in North Dakota and Montana under long-term gathering agreements with acreage dedications from major Bakken producers.
Is Hiland Partners a public or private company?
Hiland Partners is a private company. It is classified as corporate owned and is currently acquired.
When was Hiland Partners founded?
Hiland Partners was founded in 2004. It employs 51 to 100 people.
Where is Hiland Partners based?
Hiland Partners is headquartered in Enid, United States, in the North America region.
How does Hiland Partners make money?
One revenue line is on record: fee-based Midstream Services.
Who are Hiland Partners's main competitors?
Direct peers on record are ONEOK, Targa Resources, Hess Corporation (Midstream JV — Hess Midstream Partners), Plains All American Pipeline, Crestwood Midstream Partners (now Energy Transfer) and EnLink Midstream (acquired by ONEOK). Broad incumbents are Energy Transfer, Williams Companies and Kinder Morgan. MDU Resources is listed as a regional player.
Does Hiland Partners have an API?
No public API is recorded for Hiland Partners.
What industry is Hiland Partners in?
Hiland Partners's product category is Midstream Energy Infrastructure. Its primary akta.pro industry code is EUALACAB, Crude Oil & Condensate Gathering, with a secondary code of EUALACAA, Natural Gas Gathering Systems. Its NAICS code is 4861 and its SIC code is 1311.