<SUBMISSION>
<ACCESSION-NUMBER>0001437749-11-004272
<TYPE>3
<PUBLIC-DOCUMENT-COUNT>1
<PERIOD>20110614
<FILING-DATE>20110624
<DATE-OF-FILING-DATE-CHANGE>20110624
<REPORTING-OWNER>
<OWNER-DATA>
<CONFORMED-NAME>Tracy Philip Oliver James
<CIK>0001524306
</OWNER-DATA>
<FILING-VALUES>
<FORM-TYPE>3
<ACT>34
<FILE-NUMBER>000-51403
<FILM-NUMBER>11931575
</FILING-VALUES>
<MAIL-ADDRESS>
<STREET1>660 LABAUVE DRIVE
<CITY>WESTWEGO
<STATE>LA
<ZIP>70094
</MAIL-ADDRESS>
</REPORTING-OWNER>
<ISSUER>
<COMPANY-DATA>
<CONFORMED-NAME>Blackwater Midstream Corp.
<CIK>0001292518
<ASSIGNED-SIC>4220
<IRS-NUMBER>262590455
<FISCAL-YEAR-END>0331
</COMPANY-DATA>
<BUSINESS-ADDRESS>
<STREET1>660 LABAUVE DRIVE
<CITY>WESTWEGO
<STATE>LA
<ZIP>70094
<PHONE>504-340-3000
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>660 LABAUVE DRIVE
<CITY>WESTWEGO
<STATE>LA
<ZIP>70094
</MAIL-ADDRESS>
<FORMER-COMPANY>
<FORMER-CONFORMED-NAME>Laycor Ventures Corp.
<DATE-CHANGED>20040602
</FORMER-COMPANY>
</ISSUER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>rdgdoc.xml
<DESCRIPTION>TRACY-FORM 3 JUNE 2011
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0203</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2011-06-14</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001292518</issuerCik>
        <issuerName>Blackwater Midstream Corp.</issuerName>
        <issuerTradingSymbol>BWMS</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001524306</rptOwnerCik>
            <rptOwnerName>Tracy Philip Oliver James</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>660 LABAUVE DRIVE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>WESTWEGO</rptOwnerCity>
            <rptOwnerState>LA</rptOwnerState>
            <rptOwnerZipCode>70094</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Blackwater Midstream Common</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>3125000</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeHolding>
            <securityTitle>
                <value>Convertible Promissory Note</value>
                <footnoteId id="F2"/>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>0.50</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2009-10-15</value>
            </exerciseDate>
            <expirationDate>
                <value>2013-10-15</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>2009 Note</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>200000</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Convertible Promissory Note</value>
                <footnoteId id="F1"/>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>0.50</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2010-03-31</value>
            </exerciseDate>
            <expirationDate>
                <value>2013-09-30</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>2010 Note</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>200000</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Related to the Company's issuance in March 2010 of a convertible promissory note, maturity date is September 30, 2013, convertible into the common stock of the Company at $0.50 per share at any time, automatically converted into common stock of the Company at $0.40 per share upon a change in control of the Company, annual interest rate of 10% paid quarterly.</footnote>
        <footnote id="F2">Related to the Company's issuance in October 2009 of a convertible promissory note, maturity date is October 15, 2013, annual interest rate of 10% paid quarterly, convertible into the common stock of the Company at $0.50 per share at the option of the note holder at any time prior to maturity, or automatically converted into common stock of the Company at $0.40 per share upon a change in control of the Company.</footnote>
    </footnotes>

    <remarks>Appointed to the Company's Board of Directors on June 14, 2011 to serve from June 14, 2011 until the Company's shareholders elect members to the Board at the Company's next annual meeting to be held in September 2011.</remarks>

    <ownerSignature>
        <signatureName>/s/ Philip Oliver James Tracy</signatureName>
        <signatureDate>2011-06-24</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SUBMISSION>
