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NGL Energy Partners purchases pipeline, additional facilities

December 1, 2014 By    

NGL Energy Partners LP, the sixth-largest propane retailer in the United States, purchased the Grand Mesa Pipeline from Rimrock Midstream LLC. According to a press release, the Grand Mesa Pipeline, which is actively being developed and scheduled to be in service in the fourth quarter of 2016, will include a number of features. Among them are 550 miles of new crude oil transportation pipeline, multiple truck injection bays, more than 1 million barrels of operational storage, and at least two origination points located in Colorado.

In addition, NGL Energy Partners acquired two saltwater disposal facilities from WaterWorks Corral Creek LLC and Saltwater Disposal Systems LLC, respectively. The acquisition represents NGL Water Solutions’ entry into the Bakken shale play in North Dakota, the company says.

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