Enerfin was founded as a midstream operating company in 1986 by its predecessor company, Energy Finance Corporation, which was founded in Houston, Texas to invest in domestic oil and gas production and reserves. The company acquired its first natural gas midstream assets, the gas gathering and processing facilities of Farmland Industries, Inc., located in West Texas, East Texas and Wyoming in 1987. An experienced management team was assembled to operate and manage the assets under the name Enerfin Gas Processing Corporation.
In late 1989, several members of the Enerfin management team reorganized the business, and in 1991, Enerfin purchased the first components of its Oklahoma midstream pipeline systems, operating under the name Enerfin Resources Company. The Company began a measured growth strategy expanding its midstream holdings significantly in the 1990’s through acquisitions and organic development in Oklahoma, Texas, Louisiana and Alabama.
In 1992, Enerfin acquired its first upstream exploration and production properties located in Texas and in 1995, Enerfin acquired more significant exploration and production properties from Nahama & Weagant Energy Company. The E&P properties are located in California and Oregon.
In early 2000, Enerfin commenced with a strategy of joining independent operators in select oil and gas development programs behind its gas pipeline systems with the formation of Capital Energy, LLC. Enerfin also founded Cenpat Operating LLC to operate and manage its upstream properties in Oklahoma.
In 2004, Enerfin restructured its partnership and business entities to support a more significant growth and investment plan in the natural gas midstream and upstream sectors. This led to the commitment of significant capital resources to expand existing midstream business, acquire new pipeline systems in growth areas around its existing assets and to aggressively operate and invest in unconventional reservoir development behind the company’s midstream systems.
In 2005 thru 2007, Enerfin acquired over 700 miles of pipeline systems in several emerging oil and gas development plays in Texas and Louisiana with the commitment to provide quality natural gas field services to target market natural gas producers in those areas.
In 2008 thru 2012, Enerfin augmented its experienced management and staff with key personnel to support its expanding business base while adding another 450 miles of pipeline systems and facilities through greenfield projects and acquisitions.
In the past couple of years, Enerfin added another 1,200 miles of pipeline systems to both integrate with existing systems and expand its footprint and reach into new prospective areas. In addition, Enerfin commissioned a 20 MMcfd cryogenic-expander plant in Oklahoma.
Enerfin now owns and operates over 5,000 miles of midstream pipelines in five states and will continue to work through its extensive industry relationships and reputation as an exceptional operator and strong financial partner, to carry forward its history of success in the energy industry.