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NGL Energy Partners LP
NGL announced today that it has acquired two
salt water disposal facilities from WaterWorks Corral Creek, LLC, and
Saltwater Disposal Systems, LLC, respectively for a total cost of $34.6
million in cash.
The acquisition, which includes 13 employees, represents NGL Water Solutions'
entrance into the Bakken shale play in North Dakota. These high quality, high
volume facilities located in McKenzie and Dunn Counties bring NGL's total
treatment and disposal capacity throughout the US to approximately 800,000
barrels per day.
“NGL Water Solutions has evaluated opportunities to enter the Bakken shale
play for some time. With the addition of the WaterWorks and Saltwater Disposal
Systems assets, NGL is pleased to enter this market with high quality assets
and employees. We look forward to establishing NGL Water Solutions in the
Bakken, as well as identifying opportunities to expand our footprint and apply
our extensive technical expertise in water treatment,” said Jim Burke,
President.
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