Black Bear Transmission Sells 120 Miles of Gas Pipeline in Mississippi
(P&GJ) — Black Bear Transmission LLC has announced the divestiture completion of gas gathering assets owned by BBT Mississippi LLC to Skye MS, LLC of Columbia, Mississippi.
BBT MS owns and operates a fee-based, natural gas transmission system that delivers gas to utility, industrial, and power generation customers and connects wellhead production in Mississippi to regional long-haul pipelines. The asset sale consists of more than 120 miles of natural gas pipelines and eight active metered locations.
“This is another solid win for our team,” added Scott Langston, Senior Vice President and Chief Commercial Officer for Black Bear. “As of today, we have successfully transferred more than seven hundred (700) miles of supply-driven gathering pipelines, twenty (20) compressors, and two-hundred and fifty (250) metering stations over the past three years. We will continue to identify and advance all opportunities to improve our business via corporate development and organic growth initiatives.”
The terms of the transaction are undisclosed.
Related News
Related News
- Poland Detects Leak in Russia's Druzhba Oil Pipeline
- Magellan Midstream Approves $18.8 Billion Sale to ONEOK, Creating Major U.S. Pipeline Player
- Energy Transfer to Buy Crestwood in $7.1 Billion Pipeline Deal
- DT Midstream Successfully Completes Phase 1 LEAP Expansion Ahead of Schedule
- South Dakota Denies Permit for Summit Carbon Solutions' 495-Mile CO2 Pipeline Segment
- Canada Looking to Sell Trans Mountain Pipeline Stake to Indigenous Groups
- Energy Transfer to Buy Crestwood in $7.1 Billion Pipeline Deal
- Criteria to Consider in Selecting Water Transfer Flow Meters
- US Energy Firm Payouts to Oil Investors Top Exploration Spending for First Time
- DT Midstream Successfully Completes Phase 1 LEAP Expansion Ahead of Schedule
Comments