Powder River Basin Pipeline

From Global Energy Monitor
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Powder River Express Pipeline is an operating crude oil pipeline in Wyoming, United States.[1]

Location

The pipeline runs through Campbell, Converse, Niobrara and Platte Counties in Wyoming, United States.

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Project details

  • Operator:
  • Owner: Silver Creek Midstream[2]
  • Parent company: Silver Creek Midstream[2]
  • Capacity:
  • Length: 140 miles[3] (transmission pipelines)
    • Silver Creek Midstream notes it has over 450 miles of transmission and distribution pipelines in this system[2]
  • Status: Operating
  • Start year:

Background

In August of 2018, Genesis Energy agreed to divest from its Powder River Basin Midstream properties, including the Powder River Basin Pipeline, for around $300 million USD, which will be used to pay down its credit revolver’s outstanding balance. Genesis is selling the assets to a subsidiary of Dallas-based Silver Creek Midstream, LLC.[4]

Articles and resources

References

  1. Planned Pipelines, Pipeline News, accessed October 2018
  2. 2.0 2.1 2.2 "Silver Creek Midstream operations". SCMidstream. Retrieved 2022-04-19.{{cite web}}: CS1 maint: url-status (link)
  3. "Genesis Energy, L.P. Announces New Powder River Basin Acreage Dedications and Open Season for New Crude Oil Gathering Services in Campbell and Converse Counties, Wyoming". www.businesswire.com. 2017-11-27. Retrieved 2022-04-19.
  4. Genesis Energy (GEL) to Divest Midstream Assets for $300M, Yahoo Finance, August 18, 2018

Related GEM.wiki articles

External resources

External articles