New Focus Area in the Haynesville Shale
HOUSTON – January 31, 2020
- Trace Midstream and Gemini Midstream to combine management teams
- Gemini’s natural gas assets in the Haynesville region of East Texas will be operated and managed by Trace Midstream
- Strategic focus on expanding commercial presence in the region
Trace Midstream (“Trace”) and Gemini Midstream (“Gemini”), each a portfolio company of Quantum Energy Partners (“Quantum”), announced the combination of management teams to focus on the continued growth and expansion of the Gemini Carthage Pipeline (“GCP”), an existing 50-mile natural gas system in Harrison and Panola Counties, Texas, capable of delivering in excess of 1.2 billion cubic feet per day (bcf/d) of high pressure, dry natural gas into the Carthage area.
The combination of Trace and Gemini’s highly skilled workforces and senior management teams provides customers with a dedicated team of energy professionals. Going forward, the combined team will operate as Trace Midstream and Josh Weber will assume the role of Chief Executive Officer with John O’Shea as Chairman of the Board.