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Glass Mountain Pipeline, LLC

Company Summary

Description

Glass Mountain Pipeline, LLC owns the Glass Mountain Pipeline system. The current pipeline is 215-miles long and delivers crude oil from the Mississippi Lime and Granite Wash plays to Cushing, Okla. Construction on a 44-mile pipeline extension of the pipeline is expected to be complete by year-end 2017 and operational by first quarter 2018. The extension will deliver crude oil from north-central Oklahoma’s STACK/Merge resource play to Cushing. Once the STACK extension is completed, the system would include pipeline capacity of approximately 210,000 barrels of oil per day and approximately 1.8 million barrels of storage, including 1.0 million barrels located in Cushing, Oklahoma.

Operational Regions

  • Oklahoma STACK Play
  • Midcontinent

Related Entities

Recent news

  • 7/22/2019 - Blue Mountain Launches... (subscriber access)
  • 2/27/2019 - Navigator Energy... (subscriber access)
  • 2/27/2019 - Navigator Energy... (subscriber access)
  • 1/2/2018 - NGL Energy Partners... (subscriber access)
  • 12/27/2017 - SemGroup Closes on... (subscriber access)

Company Transactions

Date: 12/27/2017
Type: Acquisition

NOTES:
SemGroup, through Rose Rock, and NGL Energy Partners are selling their 50% stakes in Glass Mountain for $300 million each.
REGIONS:
  • Oklahoma STACK Play
  • Midcontinent