Oasis Midstream Partners LP: management transactions · United States · SEC (Form 4)

About Oasis Midstream Partners LP

Oasis Midstream Partners LP (OMP) was a U.S.-based midstream energy partnership that traded on the NASDAQ in the United States before being acquired by Crestwood Equity Partners LP in 2022. For francophone investors in France, Belgium, and Switzerland, OMP is best understood as a fee-based energy infrastructure platform rather than a commodity producer. The partnership was created as a sponsor-backed vehicle to own and operate midstream assets serving upstream oil and gas producers, with a core footprint in the Bakken Basin in North Dakota and the Delaware Basin in the U.S. Southwest, including New Mexico and Texas. SEC filings show that the company was originally formed under the Oasis Petroleum umbrella and built a diversified set of services around natural gas, crude oil, and produced-water handling. Operationally, OMP’s business model combined several complementary lines: natural gas gathering and compression, gas processing, crude oil gathering and terminalling, transportation, produced-water gathering and disposal, and in certain areas freshwater distribution. This integrated platform was strategically important because it allowed the company to capture multiple revenue streams across the same producing corridor and to deepen customer relationships with upstream operators. In midstream, competitive strength typically depends on basin quality, long-term dedications, network connectivity, and operating reliability; OMP’s assets were positioned around active shale developments, which supported its commercial relevance. The company’s historical headquarters were in Houston, Texas, a logical base for a U.S. energy infrastructure business given proximity to industry customers, capital markets, and operational talent. Its geographic exposure was essentially domestic, with no meaningful international operating platform. In terms of market position, OMP was not a mega-cap pipeline group; rather, it was a regional midstream operator with attractive basin-specific assets and contract-backed cash flows. That niche positioning made the company more of a targeted infrastructure play than a broad diversified utility. The most significant recent corporate event was the announced merger with Crestwood Equity Partners in late 2021 and the closing of that transaction on February 1, 2022. As a result, OMP ceased to exist as an independent publicly traded entity on NASDAQ, and its assets were absorbed into Crestwood’s portfolio. For investors reviewing SEC Form 4 insider transactions, this is an important context point: any insider activity tied to OMP is historical rather than current. The key takeaway is that OMP’s legacy was a compact but strategically valuable U.S. midstream platform focused on gathering, processing, crude, and water infrastructure in core shale basins.