Peregrine Midstream Partners

Peregrine Midstream Partners LLC and its principals are recognized leaders in natural gas storage and storage-related midstream asset acquisition and development. We create value for our customers and investors through rigorous analysis of opportunities, timely decision-making and deliberate execution. Our track record speaks for itself. We are the founders and original management team of Falcon Gas Storage Company and MoBay Storage Hub LLC. In just eight years, we grew Falcon and MoBay from a small start-up with an initial $5 million equity investment into one of the largest independent gas storage companies in the United States with a total enterprise value of over $750 million.

Management Team

Peregrine Midstream Partners senior management team represents years of collective experience in evaluating, developing, operating and optimizing natural gas storage assets.  Together, we are taking HDMC gas storage to the next level.

Services

Peregrine is focused on developing and operating high-deliverability, multi-cycle (HDMC) natural gas storage facilities as its core business and offers a variety of related services that include: gas transportation and processing; NGL extraction; crude oil and NGL production, marketing and sales associated with HDMC natural gas storage, oil and NGLs; and energy commodity risk management.  HDMC natural gas storage facilities and services have the capability to fully cycle multiple storage inventories several times per year, typically achieving 5-10 times the deliverability of single-cycle storage.

• Firm Storage Service -- Gives a customer the firm right to inject, store and withdraw certain quantities of gas
• Load Following Hourly Balancing -- Designed to allow gas-fired generators to balance daily gas needs with hourly power consumption, this is a firm hourly service where the shipper has no or very little storage inventory balance between the quantity injected and the quantity withdrawn within a 24-hour period
• Park & Loan -- Normally used for short-term periods and offered on an interruptible and firm basis, Park & Loan services enable the customer to store or 'park' or borrow a given quantity of gas for a given period of time with the gas being delivered or returned at a pre-determined later date and schedule
• Park & Loan, Winter Peaking -- An expanded use of Park & Loan provides firm winter hourly and daily peaking service
• Wheeling -- Interruptible wheeling on Ryckmans pipeline header system based on standard transportation services for interstate pipelines, providing for maximum daily quantities to be received at points of receipt and to be delivered at points of delivery
• Interruptible Storage Service -- A variety of services that include Interruptible Storage, Interruptible Parking, Interruptible Loan, Interruptible Wheeling, In-Reservoir Inventory Transfers, and Interruptible Load Following Hourly Balancing services
• Enhanced Interruptible Storage Service -- A variety of services that include Enhanced Interruptible Storage, Enhanced Interruptible Parking, Enhanced Interruptible Loan, Enhanced Interruptible Wheeling, and Enhanced Interruptible Load Following Hourly Balancing services