Oasis Midstream Partners

We are a growth-oriented, fee-based master limited partnership formed by Oasis Petroleum to own, develop, operate and acquire a diversified portfolio of midstream assets in North America that are integral to the oil and natural gas operations of Oasis and are strategically positioned to capture volumes from other producers. Our current midstream operations are performed within the Williston and Delaware Basins, two of the most prolific crude oil producing basins in North America.

We generate substantially all of our revenues through 15-year, fixed-fee contracts pursuant to which we provide crude oil, natural gas and water-related midstream services for Oasis. We expect to grow acquisitively through accretive, dropdown acquisitions, as well as organically as Oasis continues to develop its acreage in the Williston and Delaware Basins. Additionally, we expect to grow by offering our services to third parties and through acquisitions of midstream assets from third parties.

Oasis Petroleum intends for us to be its primary vehicle for midstream operations, which generate stable and growing cash flows and support the growth of its high-quality assets in the Williston and Delaware Basins and any other areas in which Oasis may operate in the future.

Additionally, our assets are strategically located within Oasis Petroleum’s acreage position and are in close proximity to other operators in the Williston and Delaware Basins, positioning us to become a leading provider of midstream services in the Williston and Delaware Basins.

Our Sponsor

Oasis Petroleum

Oasis Petroleum is the premier operator in the Williston and Delaware Basins, possessing both coveted assets and creative people that drive the success of the company. Oasis Petroleum is on the forefront of technology deployment, operational efficiencies, and infrastructure development.

Oasis Petroleum holds a highly concentrated and substantially operated position of 730,267 gross (517,801 net) leasehold acres in the Williston and Delaware Basins and exited 2016 producing approximately 62,000 BOEpD.

Oasis Petroleum has generated significant growth since it went public in 2010 and has a strong balance sheet with a borrowing base of $1.6Bn that is less than 25% drawn as of March 31, 2017

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Our Relationship with
Oasis Petroleum

Our relationship with Oasis Petroleum is one of our principal strengths. Oasis Petroleum expects its Williston and Delaware Basins operations to be the largest contributor to its total production growth, and Oasis Petroleum intends to use us as an integral vehicle to support its Williston and Delaware Basins production growth and the primary vehicle to grow the midstream infrastructure business that supports its production activities. We anticipate providing critical crude oil, natural gas, produced water and freshwater services in support of Oasis’s growth. Oasis Petroleum has also granted us a ROFO with respect to its retained interests in any other midstream assets that it elects to build with respect to its current acreage and elects to sell in the future.


OMP Management

Oasis Midstream Partners is led by a highly experienced management team with a track record of operational excellence and successful strategic acquisitions in the Williston and Delaware Basins and throughout North America. Additionally, our management is heavily involved in planning & executing our Sponsor’s upstream activity and in managing its associated future infrastructure needs. Our management is appropriately aligned and incentivized to generate long term value for both OMP unitholders and OAS shareholders.


Board of Directors