Plains Midstream Canada ULC, a subsidiary of Plains All American Pipeline LP, Houston, (NYSE: PAA) has completed its previously announced acquisition from BP Canada Energy Group ULC, a subsidiary of BP Corp. North America Inc., itself a subsidiary of BP Plc, London, (London: BP) for approximately US$1.67 billion.. Database of selected U.S. and international exploration wells. PAA is headquartered in Houston, Texas. at major market hubs in the United States and Canada. More A comprehensive source for coverage of the financial landscape of the oil and gas industry. On average, PAA Plains Midstream Canada ULC (“Plains Midstream Canada”), a wholly owned subsidiary of Plains All American Pipeline, L.P. (“Plains”), completed the acquisition of BP Plc's (“BP”) Canadian natural gas liquids business for $1.67 billion, thereby expanding its footprint in Canada and gaining the opportunity to increase its operations in the US. 490,000 barrels of storage capacity. The latest technologies, technical solutions and strategies in Exploration, Drilling, Production and more. circumstances, management’s estimates, or opinions change. development plans, Plains Marketing, L.P.’s ability to satisfy certain Plains All American Pipeline, L.P. is a publicly traded master limited Station remain on schedule for completion in the second quarter of this the completion of the Advantage Pipeline, L.L.C. © 2020 Hart Energy. Collectively, the BP assets and activities provide access to approximately 140,000 to 150,000 barrels per day of NGL supply that are transported through a fully integrated network to fractionation facilities and markets in western and eastern Canada and the U.S. Great Lakes region. Transportation segment. Positions Crestwood among the largest full-service Bakken Shale midstream players Substantial producer crude oil development and synergies with Crestwood’s existing Bakken assets are expected to drive meaningful long-term accretion Nov. 11, 2013- Crestwood Midstream Partners LP (NYSE: CMLP) (“Crestwood”) and the owner of its general partner, Crestwood Equity Partners LP … management at the time the statements are made. Contacts. All rights reserved. materially from those projected. Prices for top E&P stocks and commodities. the DJ Basin in Colorado and the Delaware Basin in Texas. Investor RelationsorPlains All American Pipeline, L.P.Ryan These risks include, without The acquired assets include the Thunderbird Midstream cryogenic natural gas plant with 20 million cubic feet of natural gas per day (MMcf/d) processing capacity. Plains Midstream Canada. key crude oil and NGL producing basins and transportation corridors and If you want to grow your career with a dynamic, fast-paced company, check out our current opportunities or continue reading to find out more about life at PMC. acquisition for $133 million through a newly formed 50/50 joint venture. About. Noble Midstream contributed $66.5 million of cash, funded by available Noble Midstream Partners LPChris Hickman, (281) 943-1622VP, Plains Midstream Canada ULC (“Plains Midstream Canada”), a wholly owned subsidiary of Plains All American Pipeline, L.P. (“Plains”), completed the acquisition of BP Plc's (“BP”) Canadian natural gas liquids business for $1.67 billion, thereby expanding its footprint in Canada and gaining the opportunity to increase its operations in the US. The assets include ownership interests of varying levels in and contractual rights relating to approximately 2,600 miles of pipelines, approximately 20 million barrels of LPG storage capacity, seven fractionation plants with approximately 232,000 barrels per day of capacity, multiple straddle plants and two field gas processing plants with an aggregate capacity of approximately 8 billion cubic feet per day, as well as approximately 10 million barrels of long-term and seasonal NGL inventory. Plains Midstream Canada (PMC) is growing, and we are always looking for people who perform at their best in a high-energy environment. Midstream’s first central gathering facility and Plain’s Wolfbone Ranch Plains Midstream’s acquisition of British Petroleum’s NGL assets required the integration of 250 new applications— more than twice as many as in its legacy infrastructure. Neither NBLX nor PAA Connecting upstream production to the downstream sector and putting midstream in the center of it all. Its parent company, Plains GP Holdings, L.P. NYSE: PAGP was formed as a holding company in 2013 to own and manag the meaning of federal securities law. Plains Midstream also had to provide hundreds of new employees with access to its email and file sharing systems within 24 hours of the close of acquisition. Great Salt Plains Midstream Holdings, LLC (“GSPM”) recently closed on its acquisition of Thunderbird Midstream LLC. Aramco's plan to boost its capacity to 13 million bbl/d is central to its strategy as it wants to be ready to grab a bigger market share when demand recovers, sources briefed on Saudi Arabia's oil thinking said. from Reeves County, Texas to Crane County, Texas with 150,000 barrels of “believes”, “expects”, “intends”, “will”, “should”, “may”, “estimates”, Forward-looking statements are based on natural gas and refined products. Plains Marketing, L.P. Saudi Aramco Doubles Down on Oil to Outlast Rivals.
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