BKEP owns and operates a diversified portfolio of complementary midstream energy assets consisting of:
- 10.3 million barrels of liquid asphalt storage located at 56 terminals in 26 states;
- 6.9 million barrels of above-ground crude oil terminalling facilities located primarily in Oklahoma, approximately 6.6 million barrels of which are located at the Cushing Interchange in Cushing, Oklahoma;
- 655 miles of crude oil pipeline located primarily in Oklahoma and Texas; and
- 150 crude oil transportation and oilfield services vehicles deployed in Kansas, Oklahoma and Texas.
BKEP provides integrated terminalling, gathering and transportation services for companies engaged in the production, distribution and marketing of liquid asphalt and crude oil. BKEP is headquartered in Oklahoma City, Oklahoma.
NOTES:
The crude pipeline business is being sold to CVR Energy for $20 million and includes 604-miles of crude pipe and 0.3 million barrels in storage.
NOTES:
Blueknight Energy Partners has entered into an agreement to sell three asphalt terminals located in Lubbock and Saginaw, Texas and Memphis, Tennessee to Ergon for $90.0 million in cash.
NOTES:
Noble Midstream & Plains All American have entered into a 50/50 joint venture in the Delaware Basin through the newly formed Trinity River DevCo LP. The newly formed entity will acquire Advantage Pipeline LLC in a $133 million deal. The acquisition includes the 150 Mbbl/d, 70-mile Advantage Pipeline and 450,000 barrels in crude oil storage in the Delaware Basin. Also, Blueknight sold its 30% stake in the system to the group.