WES
- Western Midstream Partners, LP
()
Overview
Company Summary
Western Midstream Partners, LP (WES) is a company that operates in the midstream sector of the energy industry. As a master limited partnership (MLP), WES primarily focuses on owning, operating, developing, and acquiring midstream energy assets.
In simple terms, WES is involved in the transportation, storage, and processing of natural gas, crude oil, and other hydrocarbon products. The company plays a crucial role in connecting the energy producers (such as exploration and production companies) to end-users, refineries, and export terminals.
WES operates an extensive network of pipelines, storage facilities, and processing plants across various shale basins in the United States, primarily in the states of Texas, New Mexico, and Colorado. These pipelines are responsible for the efficient movement of natural gas, crude oil, and other natural gas liquids (NGLs), ensuring a steady and reliable supply to its customers.
The company's infrastructure includes gathering systems that collect the produced oil and gas from wells, transmission pipelines that transport these resources over long distances, and processing plants that separate natural gas and NGLs into various components. WES also owns and operates storage facilities where natural gas and NGLs can be stored for future use or market demand.
Additionally, WES provides ancillary services such as marketing, terminalling, and export capabilities, enabling access to broader markets for its customers. These services involve managing and arranging the logistics, documentation, and compliance required for the movement of energy products both domestically and internationally.
Western Midstream Partners, LP works closely with energy producers supplying products and customers demanding energy resources. By providing essential midstream services, WES serves as a critical link in the energy supply chain, ensuring the efficient movement and utilization of natural gas, crude oil, and other hydrocarbon products.