Skip to main content

Latest News and Analysis
Deals and Transactions
Track Drilling (Rigs by operator) | Completions (Frac Spreads)

One-Page Deal Sheet

Plains to buy Bakken assets from Nexen

Plains All American Pipeline, L.P. Nexen Holdings Usa Inc., Nexen Inc.
AnnouncedNov 14, 2010
TypeCorporate
LocationBakken Shale & Three Forks
Announced Date
November 14,2010
Transaction Type
Corporate




Snapshot
Location
Region
Williston Basin

Country
United States

State
North Dakota

Play



Transaction Details:  Require Private Equity Subscription

Plains All American Pipeline LP has agreed to buy energy gathering and transportation assets from Nexen Holdings USA Inc. for $210 million.

The deal with Plano-based Nexen, the U.S. office for Canada-based Nexen Inc., includes crude oil gathering and transportation assets that primarily service Bakken area producers in Northwestern North Dakota and Northeastern Montana, according to the Houston-based energy transportation company.

Included among the assets are a lease gathering business maintaining about 55,000 barrels per day; the Robinson Lake pipeline, a 20-mile pipeline that currently…



Other Williston Basin Region's Deals



Announced DateBuyerSellerDeal Value($mm)LocationCategory
Oct-26-2021 - - Click here North Dakota  Midstream
Mar-22-2021 - - Click here North Dakota  Midstream
Feb-19-2019 - - Click here North Dakota  Midstream
Nov-08-2018 - - Click here   Midstream
Apr-30-2018 - - Click here   Midstream