A binding open season has begun on NGL Energy Partners’ Grand Mesa crude oil pipeline. The open season will close on August 9, 2021.
Grand Mesa provides takeaway capacity for crude oil producers in the Denver-Julesburg Basin. It originates in Weld County, Colorado and extends approximately 550 miles southeast to NGL Crude Cushing’s storage terminal at Cushing, Oklahoma.
The pipeline can receive and transport up to 150,000 barrels per day for delivery into the Cushing hub, which affords its shippers access to both US midcontinent refining and trading markets as well as the Texas Gulf Coast refinery complex.
In 2016, NGL held an open season seeking commitments from shippers interested in shipping on Grand Mesa’s pipeline system. In response to this, Grand Mesa signed transport service agreements with multiple shippers. Due to recent shipper bankruptcies and related contract terminations, committed capacity on Grand Mesa’s system has become available again.
Potential shippers will have access to the open season documents upon execution of a confidentiality agreement with Grand Mesa. For more information visit: www.nglenergypartners.com