Bakken Midstream

Bakken Midstream is a developer of value-added natural gas infrastructure.

Bakken Midstream's mission is to develop and own infrastructure that makes North Dakota a world-class leader in the value-added natural gas industry.

Bakken Midstream was founded in 2018 by Steven Lebow, Shane Goettle, and Curt Launer. The company is headquartered in Bismarck, North Dakota, with an office in Westlake Village, California.

 

Bakken Midstream has focused its efforts in North Dakota because of the abundance of natural gas and related ethane and the potential for ethane fueled electric power generation.

 

Bakken Midstream has closed its second round of financing on Oct 28, 2020. The first round of financing closed in the spring of 2019. Both capital raises were oversubscribed and together Bakken Midstream raised nearly $25M to date. Funding rounds were led by the Family Office of Founder and Executive Chairman, Steven E. Lebow.

 

 

  • Year founded: 2018
  • Funding Info: $25M over 2 Rounds (Latest Funding Type: Venture- Series Unknown)
  • Yearly Revenue: NA
  • Employee Size: 11-50
  • Business Valuation: NA
  • City/Town: Bismarck
  • State: North Dakota
  • Country: United States
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