Meritage Midstream Services II LLC announced on July 10 that its subsidiary, Thunder Creek NGL Pipeline LLC, has extended the binding open season to secure volume dedications to support the proposed construction and development on its NGL pipeline within the Powder River Basin.
The project will facilitate transportation of NGL from two processing plants located in Campbell and Converse counties in Wyoming to an interconnection point with ONEOK Hydrocarbon LP’s ONEOK Bakken Pipeline LLC in Converse County, Wyo. The binding open season commenced at 8 a.m. Mountain Time June 10 and is now scheduled to conclude at 5 p.m. Mountain Time on July 31.
Any additional extensions of this open season will be announced on the Meritage website at meritagemidstream.com.
Devon Energy had been actively shopping the Permian Basin assets, and others in the Rockies, the past several months.
Oil major Exxon Mobil said Jan. 31 it would create three new separate E&P companies, effective April 1, in an effort to double its profit by 2025.
A big crowd turned out for an afternoon honoring industry leaders representing all facets of the energy sector.