Peregrine Midstream Partners was founded in 2009 by the former founders and management team of Falcon Gas Storage to pursue opportunities in the midstream energy sector. The Company and its principals are recognized leaders in natural gas storage services. Its business model is focused on natural gas storage, transportation and processing; marketing and sales in association with firm storage operations.
Peregrine Midstream Partners’ initial gas storage project is Ryckman Creek, an existing depleted oil and gas reservoir located in Wyoming, that will be converted into a below ground gas storage facility. The Company is uniquely positioned to leverage existing compression and pipeline infrastructure at Ryckman Creek to serve the natural gas market hub at Opal. The initial multi-cycle working gas capacity of 18 BCF has been fully contracted and the facility is expected to be expanded to 35 BCF of storage capacity.
The Company is headquartered in Houston, Texas. John Hopper and Jeff Foutch serve as CEO and CCO respectively.