NGL Energy Partners LP on Friday launched a binding open season lasting through Aug. 9 for transport capacity on its 550-mile Grand Mesa Pipeline LLC crude oil conduit.

NGL

From its starting point in Weld County, CO, Grand Mesa connects oil supply from the Denver-Julesburg Basin with the NGL Crude Cushing LLC storage terminal at Cushing, OK. The pipeline has capacity to deliver up to 150,000 b/d of oil to the storage and trading hub.

NGL is seeking to reassign capacity that was awarded through a 2016 open season, but which has become available again due to recent shipper bankruptcies and related contract terminations. 

Transportation services awarded through the current open season will be “substantially similar” to those of the 2016 process, the company said. 

Potential...