Howard Energy Partners expands Anadarko position with Iron Horse Midstream acquisition

Oil & Gas Journal · 2026-10-27 00:00 UTC

Following this deal and combined with deals over the past 2 years, HEP’s footprint in Oklahoma will include nearly 2,000 miles of pipelines with about 2 bcfd of capacity, 580 ...

Howard Energy Partners (HEP), San Antonio, Tex., has agreed to acquire Iron Horse Midstream, a portfolio company of Sixth Street, expanding its position in the Anadarko Basin. Financial details were not disclosed.

The acquisition includes about 400 miles of high- and low-pressure natural gas pipelines in Canadian, Caddo, and Grady counties in Oklahoma, multiple compressor stations, and the 120-acre Iron Horse processing complex with a capacity of 425 MMcfd of natural gas. The acquisition is supported by multi-decade customer contracts covering about 167,000 dedicated acres, the company said in a release Oct. 27.

Herbie Goldstein, HEP’s chief financial officer and head of corporate development, said the company aims to “further develop the infrastructure needed to connect this prolific basin with growing natural gas markets across Oklahoma, Texas, and the Gulf Coast.”

Read the full story at Oil & Gas Journal · All coverage of this story