Tallgrass Pony Express Pipeline, LLC, announced April 28 that the company will be hosting two binding open seasons. These open seasons will be active for 30 days beginning May 1, 2023. During these open seasons, Tallgrass announced that the company will be seeking commitments from crude oil shippers for the Pony Express Pipeline and acreage dedications.
The Pony Express Pipeline moves crude oil from the Guernsey, Wyoming area, in the Denver-Julesburg Basin, to multiple points around Cushing, Oklahoma. The pipeline has a capacity of 230,000 bbl/d. In addition, the pipeline transports oil from points along the Northeast Colorado Lateral. The capacity along these points is 90,000 bbl/d.
Tallgrass Energy is an energy infrastructure company based out of Denver, Colorado. It is mostly owned by an investor group by the name of Blackstone Infrastructure Partners.
Recommended Reading
EQT Declares Quarterly Dividend
2024-04-18 - EQT Corp.’s dividend is payable June 1 to shareholders of record by May 8.
Matador Resources Announces Quarterly Cash Dividend
2024-04-18 - Matador Resources’ dividend is payable on June 7 to shareholders of record by May 17.
BP Restructures, Reduces Executive Team to 10
2024-04-18 - BP said the organizational changes will reduce duplication and reporting line complexity.
Equitrans Midstream Announces Quarterly Dividends
2024-04-23 - Equitrans' dividends will be paid on May 15 to all applicable ETRN shareholders of record at the close of business on May 7.
PrairieSky Adds $6.4MM in Mannville Royalty Interests, Reduces Debt
2024-04-23 - PrairieSky Royalty said the acquisition was funded with excess earnings from the CA$83 million (US$60.75 million) generated from operations.