Plains All American to Buy Silver Creek's PRB Assets for $585M
Irving, Texas – September 18, 2026 -- Silver Creek Midstream Holdings, LLC will sell its Powder River Basin crude oil midstream assets to a subsidiary of Plains All American Pipeline, L.P. and Plains GP Holdings in a deal valued at approximately $585 million in cash.
Deal structure routes through SCM PR II, LLC parent entity
The transaction will be executed through the sale of SCM PR II, LLC, the parent company of Silver Creek's Powder River Basin operations, currently owned by subsidiaries of Tailwater Capital LLC, The Energy & Minerals Group (EMG), and Silver Creek management.