NGL Energy Partners, Meritage Midstream to form joint venture

June 30, 2015 By    

NGL Energy Partners LP and Meritage Midstream Services II LLC are forming a joint venture to develop crude oil-gathering and water-services infrastructure that will serve oil and gas producers in Wyoming’s Powder River Basin.

According to a press release, the joint venture will focus on crude oil- and wastewater-gathering pipelines, pipeline injection terminals, wastewater- and solid waste-disposal facilities, and fresh water supply. The joint venture plans to have access to and operate on Meritage Midstream property in the Powder River Basin.

In addition, NGL Energy Partners and Meritage Midstream plan to explore pipeline connectivity options from the Powder River Basin. The companies also say they will evaluate the use of NGL’s assets in the Cushing, Okla., and Gulf Coast markets.

Kevin Yanik

About the Author:

Kevin Yanik is the senior editor of LP Gas Magazine. Contact him at kyanik@northcoastmedia.net or 216-706-3724.

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