News & Resources

Rangeland Energy announced that it has formed a Canadian subsidiary to pursue midstream opportunities in Western Canada. Rangeland Midstream Canada, Ltd is led by industry veteran Briton W. Speer, who joined Rangeland Canada in August as vice president, business development.  Headquartered in Calgary, Rangeland Canada’s operational expertise spans the midstream value chain and includes gathering, compression, treating, processing and storage services for multiple commodities including natural gas, crude oil and natural gas liquids (NGLs).

Rangeland Energy announced it has initiated development of the South Texas Energy Products System (“STEPS”). STEPS is an integrated hydrocarbon logistics system that will receive and store refined products, liquefied petroleum gas (“LPG”) and other hydrocarbons at a new terminal hub located in Corpus Christi, Texas, and transport them to terminals primarily located in Mexico.

Rangeland Energy announced that the largest frac sand unit train shipped to date in North America has arrived at the company’s RIO Hub located near Loving, New Mexico.

Rangeland Energy announced it has assembled a five-member management team to run Rangeland Energy III, LLC.

Rangeland Energy announced it has secured an equity commitment of $300 million from EnCap Flatrock Midstream and management to support the formation of a new entity, Rangeland Energy III, LLC .

Rangeland Energy announced that the company has executed a long-term agreement with a subsidiary of Delek US Holdings, Inc. (NYSE: DK) (“Delek US”) to be an anchor shipper of crude oil on the Rangeland Integrated Oil Pipeline (“RIO Pipeline”), which will connect production from the Delaware Basin to the crude oil market center in Midland, Texas.

Rangeland Energy announced the company has signed a multiyear agreement with Halliburton (NYSE: HAL) to provide frac sand rail unloading, storage and distribution services in the Delaware Basin.

Rangeland Energy announced the company has started construction of the Rangeland Integrated Oil System (RIO System) in the Delaware Basin region of Southeast New Mexico and West Texas.

Rangeland Energy, LLC announced the company has secured a $200 million equity financing commitment from EnCap Flatrock Midstream of San Antonio.

Rangeland Energy, LLC announced it has entered into a definitive agreement to sell the company to Inergy Midstream, L.P. (NYSE: NRGM) for $425 million. Rangeland is the owner and operator of the COLT system, the largest open-access crude oil distribution hub in North Dakota.