- Vaquero Midstream, a natural gas gathering and processing midstream company, secured a $400 million credit facility led by BOK Financial. - The expanded credit facility will support multiple system expansion projects planned for 2025 and 2026. - Harrison Holmes, CEO of Vaquero Midstream, emphasized the importance of operational reliability and customer service as the backbone of their business. - BOK Financial expressed pride in partnering with Vaquero Midstream on this credit facility, commending its management team for prudent planning and expansion strategies. - Vaquero Midstream's Delaware Basin system includes the Caymus processing facility with a processing capacity of 400 MMcf/d. - The existing gathering system of Vaquero spans Reeves, Loving, and Ward counties in Texas. - Vaquero Midstream, a portfolio company of Yorktown Partners, focuses on providing integrated midstream solutions within the Southern Delaware Basin. - The company is committed to delivering valuable services, operational excellence, and environmentally sound practices to foster strong partnerships with its customers and communities.

Vaquero Midstream Secures $400 Million Credit Facility For Specific Growth and System Expansion Projects

Apr 15, 2025 8:12 AM Eastern Daylight Time

DALLAS--(BUSINESS WIRE)--Vaquero Midstream, a natural gas gathering and processing midstream company operating in the Delaware Basin, closed on an expanded $400 million credit facility led by BOK Financial®.


“This increased credit facility will support multiple system expansion projects that are planned for 2025 and 2026," said Harrison Holmes, Chief Executive Officer of Vaquero Midstream.Share

“This increased credit facility will support multiple system expansion projects that are planned for 2025 and 2026. The enhancements to Vaquero’s gathering and processing assets will be designed to continue to deliver reliability and optionality for existing and future customers,” said Harrison Holmes, Chief Executive Officer of Vaquero Midstream. “These projects would not be possible without the continued support from our growing customer base. Operational reliability and customer service are the backbone of our business, which will continue to be our priority moving forward.”

“BOK Financial is proud to have once again teamed with Vaquero Midstream on this credit facility,” said Alex Trlica, Senior Vice President and Manager for BOK Financial®. “Vaquero's management team has demonstrated prudent management and strategic planning to expand its current system. We look forward to our continued partnership with Vaquero.”

Vaquero Midstream’s current Delaware Basin system features the Caymus processing facility located near the Waha Hub with 400 MMcf/d of processing capacity. Vaquero’s existing gathering system is spread across Reeves, Loving and Ward counties of Texas.

About Vaquero Midstream

Vaquero Midstream, a portfolio company of Yorktown Partners, is an independent producer-focused natural gas transportation and processing company with a system that traverses the core of the Southern Delaware Basin of Texas. The firm provides integrated midstream solutions, including gathering, treating, processing, compression, liquids handling, and transmission. Vaquero is committed to providing valuable producer services, operational excellence, and environmentally sound practices to create strong partnerships with their producer customers, contractors, and communities.

For more information, please visit vaqueromidstream.com.



Contacts


Media Contacts
Glen Orr and Scott Tims, Pierpont Communications
VaqueroPR@pierpont.com
469-441-3203 / 214-957-6785