Advantage Midstream, based in Dallas, Texas, is a midstream and marketing company focused on applying advanced GTL conversion technology to produce premium liquid fuels from natural gas resources across North America. Advantage offers producers and processors tailored solutions for natural gas and natural gas liquids in areas that are geographically constrained or lacking proper infrastructure.
Gas-to-liquids (“GTL”) processing has been around for decades. As advancements in technology have allowed E&P companies to extract larger amounts of hydrocarbon deposits from our Earth’s minerals, the same can be said for the evolution in GTL solutions.
Through our partnership with Greyrock Energy, Advantage will deploy proprietary Direct Fuel Production systems, unlike the older GTL processes, that can operate economically in significantly lower oil environments.
Who We Are
Mr. Stephenson has been the founder and CEO of several oil and gas companies focusing efforts on acquiring, developing and monetizing midstream and E&P assets in multiple energy basins in the US. Most recently, he was the CEO of Formula Midstream Partners and StarMex Midstream, both South Texas oil gathering companies in the Eagle Ford Shale (2011-2016). In 2010, John founded and became the CEO of Valor Petroleum with 3 other individuals, acquiring E&P assets in the Eagle Ford Shale South Texas and the Mississippi Lime formation in Oklahoma (2010-15). Since 2010, Mr. Stephenson has successfully led teams in the acquisition monetization of assets with ROI’s between 4 and 18x’s. Mr. Stephenson’s career began at Deephaven Capital Management, a $6B multi-stragety hedge fund from 2000-2009. In 2008, John and his Event Arbitrage group were awarded the prestigious EuroHedge Award for best performance in class, returning over 17% to investors. John holds a BS in Finance and Accounting from the University of Colorado at Boulder.
Kevin Beasley was previously Head of Business Development for Twin Eagle Resource Management, a private equity sponsored wholesale energy and midstream services company. Prior to Twin Eagle, at Trafigura, Kevin concepted, developed and later sold (80%) a deep-water shipping terminal, condensate splitter and storage complex in Corpus Christi to Buckeye Partners LP on a $1.1B valuation. Prior to joining Trafigura, Mr. Beasley was responsible for developing BG Group’s North American Natural Gas Trading and LNG Regas business, which consisted of a 4 BCFD gas operation in conjunction with a 3.5 BCFD LNG Regas complex (Lake Charles, LA & Savanah GA). Kevin has 25+ years of experience in the energy space coming from a variety of roles at global players including Texaco, Enron, BG Group, Trafigura and Reliance Holdings USA. Kevin is a graduate of Texas A&M University Kingsville.
Most recently Mr. Nelson served as Chief Commercial Officer and Vice President of Business Development, Sales and Marketing for Greyrock Energy, where he lead the commercial launch of Greyrock technology into various industry applications. Prior to Greyrock, Charles served in various business and corporate development roles at MarkWest Energy Partners including the creation of the Utica condensate and light oils division, overseeing various acquisitions and early involvement the Marathon/MarkWest discussions (MarkWest was acquired by MPLX for $16B). In addition, Charles served in active project management and operational liaison roles to integrate new business units into existing operations. Before joining MarkWest, Charles worked as a sales engineer and project pursuit manager for refinery projects in North and South America, Latin America, Canada, Europe for Emerson Process Management. Charles holds a degree in Chemical Engineering from Iowa State University.
With the backing of a global private investment firm that manages more than $13 billion in assets, Advantage is deploying a multi-basin, distributed processing strategy producing premium refined products from natural gas. Advantage Midstream has a direct partnership with Greyrock providing us an advantage, unique to us, translating into additional value to the producer. With the goal of utilizing conventional midstream solutions in conjunction with Greyrock technology, Advantage seeks to solve areas traditional infrastructure cannot address.
Greyrock Energy Inc is a leading edge gas processing technology and equipment provider. Greyrock’s patented Direct Fuel Production (DFP) systems can convert a variety of feedstocks into diesel fuel and gasoline through use of the GreycatTM catalyst and reactors.