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Tallgrass Terminals, LLC

Company Summary

Description

Subsidiary of Tallgrass Energy

Website

http://www.tallgrassenergylp.com/Investor%20Relati...

Operational Regions

  • North America

Related Entities

Recent news

Company Transactions

Date: 2/15/2018
Type: Acquisition

BUYERS:
  • Tallgrass Energy Partners, LP
  • Tallgrass Terminals, LLC
    • SELLERS:
  • Zenith Energy Ltd
    • ASSETS:
  • Pawnee Terminal
    • DETAILS:

    COST: 31 $MM

    NOTES:
    The deal includes a 51% membership interest in the Pawnee, Colorado crude oil terminal for $31 million from Zenith Energy. The Pawnee Terminal has an injection point for the Pony Express NE Colorado Lateral and 300,000 barrels of storage.
    REGIONS:
  • Rockies

    • Date: 7/27/2017
    Type: Acquisition

    BUYERS:
  • Tallgrass Terminals, LLC
    • SELLERS:
  • Deeprock Development, LLC
    • ASSETS:
  • Deeprock Development Terminal
    • DETAILS:

    COST: 70 $MM

    NOTES:
    Tallgrass Terminals, LLC recently acquired an additional 49 percent interest in the Deeprock Development crude oil terminal at Cushing, Okla., increasing its total membership interest to 69 percent, for a purchase price of approximately $70 million.
    REGIONS:
  • Cushing Oil Terminal

    • Date: 1/3/2017
    Type: Acquisition

    BUYERS:
  • Tallgrass Energy Partners, LP
    • SELLERS:
  • Tallgrass Terminals, LLC
  • Tallgrass NatGas Operator, LLC
    • ASSETS:
  • Sterling Terminal
  • Buckingham Terminal
  • Deeprock Development Terminal
    • PROJECTS:
  • Tallgrass Cushing Terminal Project
  • Powder River Gateway Wyoming Terminal Project
    • DETAILS:

    COST: 140 $MM

    REGIONS:
  • North America