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Saddle Butte Rockies Midstream, LLC

Company Summary

Description

Saddle Butte is a full-service midstream company providing competitive, high-quality and reliable service solutions from the wellhead to market.

Website

http://www.sbpipeline.com

Operational Regions

  • DJ Basin

Related Entities

Recent news

Company Transactions

Date: 2/1/2018
Type: Acquisition

BUYERS:
  • Black Diamond Gathering, LLC
    • SELLERS:
  • Saddle Butte Rockies Midstream, LLC
    • ASSETS:
  • Black Diamond DJ Basin Crude Oil Gathering System
    • DETAILS:

    COST: 625 $MM

    VOLUMES: 300

    NOTES:
    Noble Midstream will fund 50% of the purchase and own 54.4% of the JV and Greenfield will own 45.6% of the JV. Noble will place its ownership under its subsidiary, Laramie River DevCo.
    REGIONS:
  • DJ Basin