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OUR CLIENT PROFILE
Velocity
Midstream’s typical Client Profile includes:
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Clients who see the
value in Velocity as an experienced midstream partner and our
ability to engineer and logistically implement systems using
proven designs, project management, contractors, vendors, and
material specifications;
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Clients with a
preference to utilize their company’s capital for Drilling,
Acquisitions, and other capital projects which add to the
company’s reserve base and EBITDA;
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Clients who are equity
backed and prefer Velocity to finance midstream projects due to
the superior monetization economics;
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Clients who would like
to maintain a non-operating, minority equity interest (typically
20% - 30%) in a Velocity gathering system and would like to
potentially benefit economically as Velocity expands and
provides service to surrounding producers;
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Clients who feel that
feel that midstream activities are not their core business, nor
within their core competency, and therefore do not have
midstream personnel on their payroll - (engineering, project
management, operations, marketing…);
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Clients who fully
understand the “total cost of ownership” of midstream
infrastructure over time and have determined it is best owned
and managed by an entity operating with a potential for
economies of scale (volume increases and multiple systems);
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Clients who understand
midstream operations, system monitoring and regular maintenance
are extremely important in order to provide high quality
service, high run-times, consistent line pressures, fuel
efficiency, worker safety and environmental protection.
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