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NGL Energy Acquires Permian Big Lake SWD Well

NGL Energy Partners Lp Not Disclosed
AnnouncedJul 2, 2013
TypeAsset
LocationPermian Basin
Announced Date
July 02,2013
Close Date
July 02,2013
Transaction Type
Asset




Snapshot
Location
Region
Permian

Country
United States

State
Texas

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NGL Energy Partners LP has reported the acquisition of the assets of High Roller Wells Big Lake SWD No. 1, Ltd, a Texas limited partnership.

The Big Lake acquisition expands NGL’s water services business by adding a high capacity, strategically located, oil and gas water disposal facility to its portfolio of water treatment and gathering infrastructure. The acquisition brings an experienced development team to NGL’s water services business and 25,000 barrels of disposal capacity in the growing Permian Basin in West Texas, a major US oil producing region.

The Partnership is increasing its…

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