Lotus Midstream develops midstream infrastructure and services for crude oil and condensate, including gathering, transportation and storage. The company focuses on organic development and is also pursuing strategic acquisitions. Management emphasizes high-growth opportunities in the Permian Basin and the Midcontinent. Lotus is led by three founding partners—CEO Mike Prince, CCO Emily Baker and COO Jen Fontenot—with more than 55 years of combined energy-industry experience and prior joint work at Sunoco Logistics. Lotus was established in early 2018 and is based in Sugar Land, Texas. The company is backed by a $400 million initial capital commitment from EnCap Flatrock Midstream and the Lotus management team to execute its business plan.

Total raised

$400M

Funding rounds

1

Latest round

Equity

Latest activity

Feb 2018