Acquisitions & Divestitures - Midstream


PAA Natural Gas Storage Closes Deal For SG Resources

The company has acquired Southern Pines, a FERC-regulated, high-performance, salt-cavern gas storage facility in Greene County, Mississippi. 

Wed, 02/09/2011 - 14:30

El Paso Finalizes $745MM Interest Acquisition In CIG, SNG

The company has gained an additional 28% interest in Colorado Interstate Gas Company (CIG) and the remaining 15% interest in Southern Natural Gas Company (SNG).

Thu, 06/30/2011 - 13:13

PAA Natural Gas Acquires MS Storage Facility

PNG has arranged financing of $800 million to fund the purchase price, closing costs, and the first 18 months of expected expansion capital.

Wed, 12/29/2010 - 11:00

Plains All American Closes Deal For Bakken Assets

The deal consisted of $170 million for the business and physical assets and approximately $53 million for some 450,000 barrels of inventory and other working capital adjustments.

Thu, 12/30/2010 - 14:00

Norse Energy To Sell Certain Midstream Assets

The midstream assets consist of the company's Norse Pipeline LLC, Nornew Energy Supply Inc. and Mid-American Natural Resources LLC.

Thu, 02/17/2011 - 13:50

Atlas Pipeline Holdings Takes New Name, Acquires Assets

The name change is expected to be effective with the NYSE by Feb. 23.

Fri, 02/18/2011 - 12:00

Williams Partners Takes Bigger Bite Of Gulfstream System

Gulfstream is a 745-mile interstate gas pipeline system that extends from the Mobile Bay area to markets in Florida.

Tue, 05/10/2011 - 11:30

Spectra To Acquire Big Sandy Pipeline For $390MM

The primary asset to be acquired is the Big Sandy Pipeline, a FERC-regulated natural gas pipeline system in eastern Kentucky.

Thu, 05/12/2011 - 11:20

Buckeye Partners Completes $85MM Sale Of NGL Pipeline Interests

WTLPG owns a 2,295-mile common-carrier pipeline system that transports NGLs from locations in New Mexico and Texas to Mont Belvieu, Texas for fractionation.

Wed, 05/18/2011 - 14:56

Buckeye Completes Purchase Of BP Midstream Assets

This acquisition includes over 10 million barrels of storage capacity, increasing Buckeye's total liquid petroleum storage capacity by approximately 19% to over 63 million barrels.

Thu, 06/02/2011 - 09:15

High Sierra Divests Monroe Gas Storage For $148 Million

High Sierra and its minority partners acquired the depleted reservoir in 2006 and subsequently developed the Monroe facility in order to serve the expanding energy needs of Mississippi.

Thu, 06/02/2011 - 10:12

EOG Letting Go Of Bakken Midstream Assets For US$185 Million

"We believe the time is right to sell these assets to an organization that specializes in gathering and processing, allowing us to focus on our core exploration and production activities in the region," says Ray L. Ingle, president of EOG's Pecan Pipeline (North Dakota) Inc. subsidiary.

Fri, 06/03/2011 - 08:45