Midstream - Pipelines | Midstream - Transportation & Pipelines | Capital Markets | Private Equity Activity
Rimrock Midstream and NGL Energy Partners Announce Grand Mesa Open Season
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Rimrock Midstream, LLC and NGL Energy Partners LP (NGL) have announced a binding open season starting Monday, September 15th at 8:00am Central Standard Time for their joint venture Grand Mesa Pipeline, LLC crude oil pipeline.
The open season will close on Friday, October 3rd at 5:00pm Central Standard Time.
Potential shippers will have access to the open season documents upon execution of a confidentiality agreement with Grand Mesa.
The Grand Mesa pipeline, originating in Weld County, Colorado and extending 550 miles southeast to NGL’s crude oil storage terminal at the Cushing hub in Oklahoma, will provide critical takeaway capacity for crude oil producers in the Denver-Julesburg Basin.
As proposed, the pipeline will be capable of receiving and transporting in excess of 130,000 barrels…
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