Midstreamer Rimrock Energy Partners said this morning it’s secured a long-term acreage dedication from producer Confluence Resources in the northern Denver-Julesburg Basin.
In conjunction with the acreage dedication, Rimrock will extend its under-construction natural gas gathering and processing system (the Pierce System) in Weld County, Colorado, 16 miles east to provide midstream services to Confluence, Kallanish Energy reports.
“The acreage dedication from Confluence Resources is a strategic bolt-on to the system that further expands its footprint and midstream services within the DJ Basin. We are excited to add another producer with best-in-class management to our Pierce System as we continue to expand our midstream infrastructure to meet the needs of our customers,” said Josh Cruzan, CEO of Dallas-based Rimrock.
Once completed during the first quarter of 2019, the Pierce System will provide up to 200 million cubic feet per day of cryogenic processing capacity and access to residue and NGL markets.
The extension will allow Rimrock to provide natural gas gathering and processing services to any and all northern DJ Basin producers.
This post appeared first on Kallanish Energy News.