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July 9, 2014
08:03 EDTNGLNGL Energy adds five new salt water disposal facilities
NGL Energy Partners announced that it has added five new salt water disposal facilities, which include a total of six recently completed disposal wells, for a cumulative cost of approximately $83M. Annual EBITDA in the first year of operation is projected at $16M. These facilities will increase capacity by 140K barrels per day, bringing NGLís total treatment and disposal capacity to 600K barrels per day. The new facilities were recently drilled and completed under certain development agreements with partners and are located in both the Eagle Ford shale and Permian Basin. A substantial number of attractive growth opportunities involving new disposal wells, facilities, and water pipelines are also in process under these agreements.
News For NGL From The Last 14 Days
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September 17, 2014
08:30 EDTNGLTransmontaigne unit, Metroplex enter terminaling services agreement
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September 12, 2014
07:31 EDTNGLNGL Energy Partners, Rimrock announce Grand Mesa pipeline open season
NGL Energy Partners LP and Rimrock Midstream, LLC announced that a binding open season starting next Monday, September 15 at 8:00 a.m. Central Standard Time for their joint venture Grand Mesa Pipeline, LLC crude oil pipeline. The open season will close on Friday, October 3 at 5:00 p.m. Central Standard Time.
September 5, 2014
16:33 EDTNGLNGL Energy Partners announce joint venture for Grand Mesa Pipeline project
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