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Plains All American to acquire Silver Creek Midstream

PUBLIC · PAASep 16, 2026about 3 hours ago

Acquiring Company

Plains All American Pipeline L.P

Acquired Company

Silver Creek Midstream Holdings

CalgaryIrvingEnergyOil And GasEnergyOil And Gas

Description

Silver Creek Midstream has announced that its Powder River Basin assets will be acquired by Plains All American Pipeline for approximately $585 million. The transaction involves the sale of SCM PR II, LLC, which houses Silver Creek's assets. The deal is expected to close in the fourth quarter of 2026 pending regulatory approvals.

Company Information

Company

Plains All American Pipeline L.P

Location

Calgary, Alberta, Canada

About

Plains All American Pipeline is a publicly traded master limited partnership that provides transportation and logistics services for crude oil, natural gas liquids, and natural gas. The company operates a network of pipelines and terminals throughout the United States and Canada.

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Predictive Intelligence
Strategic

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Silver Creek Midstream Holdings?

Silver Creek Midstream Holdings was acquired by Plains All American Pipeline L.P, based in Calgary. The deal was reported on September 16, 2026. Plains All American Pipeline is a publicly traded master limited partnership that provides transportation and logistics services for crude oil, natural gas liquids, and natural gas. Plains All American Pipeline L.P is publicly traded (PAA) and operates in Energy.

When did Plains All American Pipeline L.P acquire Silver Creek Midstream Holdings?

Plains All American Pipeline L.P's acquisition of Silver Creek Midstream Holdings was reported on September 16, 2026. Silver Creek Midstream has announced that its Powder River Basin assets will be acquired by Plains All American Pipeline for approximately $585 million. The transaction involves the sale of SCM PR II, LLC, which houses Silver Creek's assets. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Silver Creek Midstream Holdings do?

Silver Creek Midstream is a private midstream company that provides crude oil gathering, transportation, and storage services in Wyoming. The company focuses on establishing a scaled midstream platform to serve producers in the Powder River Basin. It is privately held, operating in Energy, and is based in Irving.

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