North America’s top gas processors consolidate in 2015

J. Stell, Contributing Writer By year-end 2015, activities by independent US gas processing companies proved to be nearly as volatile as oil and gas prices. Mergers, dropdowns, acquisitions and divestitures were planned, announced and completed, or scheduled for completion during the 2015 to mid-2016 time frame. Among the slate of activities, upstream players sold off midstream assets, midstream players expanded or contracted and, in at least one event, a downstream player acquired a major midstream company. In another move, a gas processor was forced to shut down a plant because the local gas producer shut in its wells due to economics. Also notable was a midstream operator’s move to expo