Scandoil  

NGL Energy Partners acquires water disposal facilities in the Bakken


Published Nov 25, 2014
[an error occurred while processing this directive]

Edit page New page Hide edit links

NGL Energy Partners LP

NGL Energy Partners LP has acquired two salt water disposal facilities from WaterWorks Corral Creek, LLC, and Saltwater Disposal Systems, LLC, respectively for a total cost of $34.6 million in cash.

The acquisition, which includes 13 employees, represents NGL Water Solutions' entrance into the Bakken shale play in North Dakota. These high quality, high volume facilities located in McKenzie and Dunn Counties bring NGL's total treatment and disposal capacity throughout the US to approximately 800,000 barrels per day.

'NGL Water Solutions has evaluated opportunities to enter the Bakken shale play for some time. With the addition of the WaterWorks and Saltwater Disposal Systems assets, NGL is pleased to enter this market with high quality assets and employees. We look forward to establishing NGL Water Solutions in the Bakken, as well as identifying opportunities to expand our footprint and apply our extensive technical expertise in water treatment,' said Jim Burke, President.

Tags: NGL Energy Partners LP




Advertisment:

Comments on this page are closed.

+ Larger Font | + Smaller Font
Top Stories

 

 

 

 


 


RSS

RSS
Newsletter
Newsletter
Mobile News
Mobile news

Computer
Our news on
your website


Facebook
Facebook
Twitter
Twitter

Contact
Contact
Tips
Do you have any
tips to us
Stats

 

sitemap xml