Rangeland Midstream Canada Ltd. has started construction on a crude oil and condensate pipeline system in north-central Alberta and is now targeting a project in-service date of 2Q2020.
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Rangeland Planning Oil Pipe in Alberta’s Marten Hills
Texas-based Rangeland Energy established a Canadian foothold Tuesday with an oil pipeline project in a rare corner of the northern Alberta bitumen belt where heavy oil flows without costly artificial stimulation of wells.
Briefs — Rangeland, Noble Midstream
Rangeland Energy of Sugar Land, TX, has formed a subsidiary to pursue midstream opportunities in Western Canada. Rangeland Midstream Canada Ltd. is led by Briton Speer, who joined Rangeland Canada in August as vice president, business development. Headquartered in Calgary, Rangeland Canada’s expertise includes gathering, compression, treating, processing and storage services for natural gas, crude oil and natural gas liquids. Rangeland Energy was formed in 2009 to develop, acquire, own and operate midstream infrastructure. The company is focused on emerging shale plays across North America with an emphasis on the Permian Basin’s Delaware sub-basin in West Texas, the U.S. Gulf Coast and Canada. Speer most recently was vice president of business development for DK Canada Energy ULC, a subsidiary of Delek US Holdings Inc. Prior to DK Canada, he worked for eight years at Pembina Midstream LP. Separately, Rangeland Energy said its RIO Pipeline has entered commercial service to transport crude oil and condensate from the Delaware (see Shale Daily,April 12). The 110-mile, 12-inch diameter pipeline originates at the RIO State Line Terminal in Loving County, TX, a gathering hub at the Texas-New Mexico border in the heart of the Delaware with tankage and truck unloading facilities. The pipeline has the capacity to transport more than 125,000 b/d to Rangeland’s Geneva and Zurich terminals in Midland, TX.
Rangeland Backers Form Another Company Focused on Resource Plays
Newly formed Rangeland Energy III LLC, with $300 million of funding from EnCap Flatrock Midstream and management, is looking for midstream deals across North American resource plays. Meanwhile, West Texas projects of a sibling company are advancing.