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.
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 shippers can access the open season documents upon executing a confidentiality agreement with Grand Mesa.
Interested parties are asked to contact NGL’s Derek Graham, vice president of business development for crude assets, at 713-496-3904 or firstname.lastname@example.org, or Carl Peterson, vice president of business development, at 713-496-3955 or email@example.com.
NGL is a Delaware limited partnership that transports oil, natural gas liquids and other products, and also treats, recycles and disposes of produced water generated from oil and gas production.
CEO Michael Krimbill said last month the firm “is well positioned going into fiscal 2022, as crude prices, producer volumes and demand for commodities have all increased following a challenging fiscal 2021.”
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