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Iron Horse Pipeline Joint Venture Company

Company Summary

Description

Tallgrass Energy Partners and Silver Creek Midstream announced plans to jointly develop the Iron Horse PIpeline in the Powder River Basin. The 80-mile, 100 Mbbl/d project will connect Silver Creek's Midway Terminal to the Tallgrass Guernsey Terminal that is currently being built. The two companies aim to offer producers and marketers a single rate and direct access to the Pony Express System and the Cushing, Oklahoma crude oil hub from the Powder River Basin. Tallgrass will contribute 40-miles of pipeline from Labonte to Guernsey, Wyoming to the joint venture that is currently undergoing abandonment from gas service. The remaining 40-miles will consist of newbuild pipeline. Commercial operation is planned for the first quarter of 2019 and the pipeline will have significant expansion capability. Tallgrass will own 7% of the joint venture and will operate the pipeline while Silver Creek will own 25%/.

Website

https://www.businesswire.com/news/home/20180207005...

Operational Regions

  • Powder River Basin

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Recent news

  • 7/10/2018 - Tallgrass Energy &... (subscriber access)
  • 2/7/2018 - Tallgrass & Silver Creek... (subscriber access)