Axip Energy Services has sold Constellation Station, a Midstream Compression Facility in Pennsylvania, to Oneida Valley Midstream
Axip Energy Services, LP (“Axip”)
Headquartered in Houston, Texas, Axip provides natural gas compression services to upstream and midstream customers in all major producing basins in the United States and offshore Gulf of Mexico. Axip uses its long-standing industry leadership in digitization, automation, and electric-drive compression to optimize compression performance and facility throughput, while minimizing the risk and carbon intensity of oil and gas production.
Oneida Valley Midstream Co, LLC (“Oneida”)
Oneida is a startup midstream company focused on midstream acquisition and development opportunities in the Marcellus and Utica shale plays. With primary operations in Butler County, Pennsylvania and headquartered in Canonsburg, Pennsylvania, Oneida fields a team of deeply experienced oil and gas professionals, many of whom have previously worked for Equitrans and the Williams Companies in their careers, and who look to expand Oneida’s presence via additional investment opportunities.
PPHB, LP (“PPHB”)
PPHB is an independent investment banking firm providing financial advisory services to middle market companies that offer products and services to the following end markets: