News & Updates

CSV Midstream Solutions Corp. Completes Expansion of Karr 6-18 Sour Gas Plant standard

CALGARY, ALBERTA – August 6, 2020 – CSV Midstream Solutions Corp. (“CSV Midstream”) is pleased to announce the completed expansion of its Karr 6-18 Sour Natural Gas Processing Plant (“Karr”), acquired from Paramount Resources Ltd. in 2019.  Karr now has 150 million cubic feet per day of total raw sour gas handling capacity, including 70 MMcf/d of sour raw gas processing, 30,000 Bbl/d of raw hydrocarbon liquids handling capacity, 2,200 Bbl/d of natural gas liquids recovery, and 28,000 Bbl/d of water handling capacity. CSV Midstream completed the construction program with excellent performance in the areas of safety, environment, cost and schedule while concurrently operating the adjacent facility at a reliability level of more than 99%.  Start-up of the Karr expansion ...

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COVID-19 Update standard

Like all of you, CSV Midstream has been watching the rapidly evolving coronavirus situation. The impacts of COVID-19 are far-reaching and everyone across our province and country are struggling to maintain a sense of normalcy and business continuity. Our CSV team is focused on protecting the health and wellness of our people, their families and the communities in which we operate. We’ve taken extra steps to do our part to flatten the curve by developing and implementing a number of additional safety policies, protocols and awareness material. CSV will continue to show leadership in working with our community of contractors, vendors, peers, service providers and employees to monitor and share information intended to help all of us across the country ...

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Fractal Systems and CSV Midstream Announce Agreement to Jointly Develop Enhanced JetShear Partial Upgrading Hub standard

CSV Midstream Solutions to Finance, Build, Own and Operate the Project CALGARY, Alberta, Jan. 14, 2020 (GLOBE NEWSWIRE) — Fractal Systems Inc. (“Fractal”) and CSV Midstream Solutions Corp. (“CSV”), today announced that they have entered into an agreement to jointly develop a diluent reduction and partial upgrading hub (the “EJS Regional Hub”) utilizing Fractal’s Enhanced JetShear (“EJS”) technology.  Following the successful commercial demonstration of the EJS technology at a field facility, CSV and Fractal have developed a commercial scale facility design capable of providing bitumen producers with higher product value, reduced diluent costs and a reduced carbon footprint, while achieving a competitive cost structure.  Relationships with government funding agencies have been established, and Fractal and CSV have entered into discussions ...

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CSV Midstream Solutions Corp. Completes Acquisition of Karr 6-18 Natural Gas Facility from Paramount Resources Ltd. standard

CALGARY, ALBERTA – August 1, 2019 – CSV Midstream Solutions Corp. (“CSV Midstream” or the “Company”) is pleased to confirm it has completed its previously announced acquisition of the Karr 6-18 natural gas facility (“Karr”) from Paramount Resources Ltd.  The acquisition was made possible through the strategic investment partnership between CSV Midstream and Northleaf Capital Partners. CSV Midstream announced earlier this year its acquisition of the South Pipestone Compressor and hydrocarbon liquids handling Facility. The addition of Karr, together with the Company’s Resthaven Gas Plant, positions the Company to support natural gas and natural gas liquids producers’ needs within the hydrocarbon liquids rich resource region of northwestern Alberta. About CSV Midstream Solutions Corp. CSV Midstream is a Calgary-based company offering ...

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Northleaf Capital Partners Acquires CSV Midstream Solutions Corp. standard

Transaction includes Resthaven gas processing facility, Pipestone South compressor station as well as acquisition of Paramount Resource Ltd.’s Karr 6-18 facility CALGARY, ALBERTA and TORONTO, ONTARIO (June 28, 2019) – CSV Midstream Solutions Corp. (CSV Midstream) and Northleaf Capital Partners (Northleaf) are pleased to announce that they have entered into a strategic investment partnership. With this partnership, infrastructure funds managed by Northleaf have acquired 100% of CSV Midstream, including the 100 MMcf/day Resthaven gas processing facility and the 60 MMcf/day Pipestone South compressor station. In addition to this transaction, the parties also announced the purchase of Paramount Resources Ltd.’s Karr 6-18 facility. CSV Midstream will assume the ongoing operations and construction management of the Karr gas processing plant expansion, bringing ...

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CSV Midstream Solutions Commissions Resthaven Gas Plant standard

CALGARY, ALBERTA – (April 10, 2018) – CSV Midstream Solutions Corporation (the “Company” or “CSV”) is pleased to announce commissioning and start-up of its Resthaven gas processing plant (“CSV Resthaven” or “the Plant”).   CSV Resthaven is underpinned by a long-term contract with an intermediate exploration and production company.  The Plant has an inlet capacity of 260 Million cubic feet per day with a gas processing capacity in excess of 100 Million cubic feet per day. The Plant incorporates a repeatable modular design template which allows CSV to efficiently deliver gas processing solutions for a variety of resource opportunities.   The project broke ground in August 2017. Despite a nearly two-month weather delay, CSV was able to place the Plant ...

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CSV Midstream Solutions Announces Appointment of EVP Business Development and Commercial standard

CALGARY – (December 19, 2017) – CSV Midstream Solutions (“CSV Midstream”) is pleased to announce today that Rick Staples has been appointed Executive Vice President of Business Development and Commercial, effective immediately. Rick brings over 30 years’ experience in the oil and gas industry to CSV Midstream. “I am thrilled that Rick will be joining our team,” said Daniel Clarke, President and CEO. “He shares our values and our focus on midstream project efficiency, and he places the same strong emphasis on shared value from the communities we impact all along the value chain.  Rick has shown himself to be an extraordinary leader throughout his career, having earned a reputation as a strong, ‘hands on’ organizational leader and an excellent ...

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CSV Midstream Solutions Updates Strategic Midstream Opportunity standard

CALGARY, ALBERTA – (August 22, 2017) – CSV Midstream Solutions Corporation (the “Company” or “CSV”) is pleased to provide an operational update on the construction of its majority owned and operated 100 Million cubic feet per day Resthaven gas plant (“CSV Resthaven” or “the Facility”).   Definitive agreements have successfully been reached with an intermediate exploration and production company to underpin the Facility. Approval has been received from the Alberta Energy Regulator and site construction has commenced with an expected completion late in the first quarter of 2018.   Through CSV’s execution expertise and guaranteed capital cost model, the Facility is expected to be delivered on schedule and on budget. All major equipment has been procured and engineering and design ...

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CSV Midstream Solutions Announces Strategic Midstream Opportunity standard

CALGARY, ALBERTA – (March 9, 2017) – CSV Midstream Solutions Corporation (the “Company” or “CSV”) is pleased to announce it has reached a non-binding agreement in principle with an intermediate exploration and production company (the “Producer”), to build, own and operate a gas processing facility (the “Facility”) in the Resthaven area of Alberta. The Facility will be capable of processing 100 Million standard cubic feet per day of sweet gas from the Resthaven area. CSV and the Producer expect to enter into definitive documentation within 60 days.   The construction of the Facility is expected to begin in the third quarter of 2017, with an expected completion late in the first quarter of 2018.   The construction of the Facility ...

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