Comprehensive Energy Data Intelligence
Information About Energy Companies, Their Assets, Market Deals, Industry Documents and More...
Shell Midstream To Buy Pipelines In $630 Million Dropdown.
05/18/2017
Shell Midstream To Buy Pipelines In $630 Million Dropdown. See One of Them (Delta) on a Rextag Map.
The acquisition of 100% interest in the:
Refinery Gas Pipelines - ca. 100 miles of gas pipeline connecting objects operated along the Gulf Coast to Shell Chemical sites. (The pipelines transport a mix of methane, NGL and olefins.
Delta Pipeline - a roughly 130-mile onshore pipeline taking volumes from five offshore pipelines including Shell Midstream Partners’ Odyssey Pipeline and the Na Kika Pipeline. Connects offshore oil production to key onshore markets. See image above.
Na Kika Pipeline - approx. 80-mile offshore pipeline anchored by the Na Kika platform serving as a host to eight subsea fields. It connects to the Delta Pipeline at Main Pass 69.
Source: oliandgasinvestor.com
If you are looking for more information about energy companies, their assets, and energy deals, please, contact our sales office mapping@hartenergy.com, Tel. 619-349-4970 or SCHEDULE A DEMO to learn how Rextag can help you leverage energy data for your business.
Eagle-Ford Republic Midstream System Has a New Owner
Nuevo Midstream will add 100 miles of gathering pipeline in Gonzales, Lavaca, and Dewitt counties to its Eagle Ford assets.
Shell Midstream To Buy Pipelines In $630 Million Dropdown (Continued)
Another pipeline purchased by Shell on the featured map today.
Rangeland Energy has agreed to sell Rangeland Midstream Canada to Kingston Midstream Alberta and remains committed to future Canadian midstream investments. Texas-based Rangeland Energy, supported by financial partner EnCap Flatrock Midstream, has inked a deal to sell its Canadian subsidiary, Rangeland Midstream Canada Ltd., to Calgary's Kingston Midstream Alberta Ltd. for cash.
The merger between ONEOK and Magellan received approval from Magellan shareholders, securing just 55% of the total votes at Magellan’s meeting on Sept. 21. ONEOK Inc. has successfully concluded the acquisition of Magellan Midstream Partners LP on Sept. 25. The deal will bring together their respective assets and expertise, resulting in a powerful entity boasting an extensive network of approximately 25,000 miles of pipelines primarily focused on transporting liquids.
Viper Energy's deal, comprised of cash and equity, secures an additional 2,800 net royalty acres in the Midland Basin and 1,800 in the Delaware Basin. Viper Energy Partners LP, a Diamondback Energy Inc. subsidiary, has inked a deal to acquire mineral and royalty interests in the Permian Basin. The deal, valued at around $1 billion, is with Warwick Capital Partners and GRP Energy Capital. Viper was established by Diamondback with the purpose of owning, purchasing, and capitalizing on oil and natural gas assets in North America, specifically targeting mineral and royalty interests.