Caprock Midstream II LLC has announced a new investment in a network of more than 90 miles of gas pipelines located in South Texas, consolidating its asset portfolio in a strategic dry gas area. The system, composed of sixteen- and twenty-inch pipelines, crosses several counties in South Texas before delivering volumes to the Transco market, one of the leading outlets for U.S. gas transportation.
A targeted investment in the Texas network
This acquisition strengthens Caprock’s ability to manage the increase in production volumes in the Eagle Ford corridor and the Austin Chalk formation. The company is positioning itself to meet the growing demand for gathering and transportation services, while expanding its exposure to dry gas, a key segment in the region. The new pipelines offer increased connectivity to producers who are expanding projects in this development zone.
The operation also densifies an already established network across several active areas, improving the fluidity of transport from extraction sites to national markets. Caprock plans to integrate these assets into its operational framework to optimise flows and increase available capacity for regional operators.
Strengthening leadership to support the strategy
The company also announced the appointment of Steve Jones as Chief Executive Officer, adding a managerial dimension to this phase of expansion. With more than twenty-five years of experience in midstream infrastructure, he brings a recognised track record in managing energy assets and leading growth initiatives. His arrival aims to support Caprock’s development as investments in the region multiply.
In his first public statement, Steve Jones highlighted the importance of this acquisition in expanding service capabilities for producers in South Texas. He also acknowledged the role of Energy Spectrum Capital, Caprock’s parent company, in supporting the investment strategy for gas infrastructure. Caprock Midstream II LLC is part of the portfolio of Energy Spectrum Partners VIII, a private equity fund focused on energy infrastructure.
