USA Compression Completes Acquisition Of ETP Subsidiaries

By CT2 Staff09 April 2018

USA Compression officially completed its acquisition of Energy Transfer Partner’s (ETP) compression subsidiaries – CDM Resource Management and CDM Environmental & Technical Services. The announcement of the move, which essentially doubles USA Compression’s fleet to 3.4 million hp (2.5 million kW), took place on Jan. 16, 2018.

Prior to the transaction, the CDM business of ETP owned and operated 1.6 million hp (1.2 million kW) of natural gas compression, with a focus on large horsepower applications. CDM also provides gas treating and emissions testing services, which will complement USA Compression’s station service offerings (turnkey gas handling solutions).

With the CDM business, USA Compression has also expanded its reach across the United States, specifically in the Rockies, Gulf Coast, Eagle Ford Shale and the Permian Basin.

MAGAZINE
NEWSLETTER
Delivered directly to your inbox, CompressorTech² News features the pick of the breaking news stories, product launches, show reports and more from KHL's world-class editorial team.
Latest News
European TSOs partner on conversion of natural gas grid to hydrogen
Goal is consistent with the European Commission decarbonization objectives
Ukraine to participate in EU scheme to buy natural gas
New domestic well enters production