Grand Mesa Pipeline, LLC Announces Anticipated Open Season for Second Quarter 2016
OREANDA-NEWS. Grand Mesa Pipeline, LLC (“Grand Mesa”), a subsidiary of NGL Energy Partners LP (NYSE: NGL), will be conducting an additional open season for its 20-inch pipeline that originates at Lucerne / Riverside, Colorado, and will deliver at least two grades of crude oil from the DJ Basin into NGL’s facilities at Cushing, Oklahoma. Grand Mesa expects the open season to commence in the second calendar quarter of 2016.
Grand Mesa is on target to commence service in the fourth quarter of 2016, and will have a capacity of 150,000 barrels per day. This pipeline will provide critical takeaway capacity for crude oil producers in the Denver-Julesburg Basin. The pipeline not only supports the continued growth and production in the area, but does so in a cost-effective and environmentally responsible way by reducing the current utilization of rail and truck transportation.
NGL Energy Partners LP is a Delaware limited partnership. NGL owns and operates a vertically integrated energy business with five primary businesses: crude oil logistics, water solutions, liquids, retail propane and refined products and renewables.
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