Founded in 2017, Salt Creek Midstream was created with a focus on natural gas gathering, transmission, processing and treating, natural gas liquids handling, and crude oil gathering, transportation and storage. As demand for produced water increased in the Delaware Basin, we expanded our service offerings to include water gathering and disposal.
Today, Salt Creek has significant combined dedicated net acres from 18 producer customers spanning eight counties in Texas and New Mexico. We operate approximately 850 miles of natural gas and crude oil gathering and transmission pipelines, a 400 MMcf/d natural gas processing complex in Reeves County, and approximately 350,000 barrels of liquids storage in the heart of the Delaware Basin.
Ares Management Corporation (NYSE: ARES) is a leading global alternative investment manager operating complementary, integrated investment groups that invest across the credit, private equity and real estate markets. Ares Management's investment groups collaborate to aim to deliver innovative investment solutions and consistent and attractive investment returns for fund investors throughout market cycles.