Voyager Midstream Holdings LLC, a newly formed midstream company headquartered in Houston and Midland, Tex., has secured an initial capital commitment from Pearl Energy Investments to pursue acquisition and development of crude oil, natural gas, and produced water infrastructure across various North American supply basins. The size of the commitment was not disclosed.
Voyager’s founding partners are Will Harvey and Martin McHale. Harvey most recently was senior vice-president of corporate development for Aris Water Solutions Inc. McHale was most recently chief operating officer of Oryx Midstream Services LLC, leading operational and engineering development of more 1,400 miles of pipeline as well as substantial terminal and storage assets across 900,000 dedicated acres. Oryx was the largest private crude oil gathering and transportation operator in the Permian basin until its merger with Plains All American Pipeline LP in 2021, according to Voyager’s announcement.
Pearl in May 2023 closed its third fund, Pearl Energy Investments III LP, with total commitments of about $705 million, bringing its total managed capital to roughly $1.9 billion.