Denver-based Taproot Energy Partners LLC announced it’s signed agreements with a major area operator to expand its multi-product midstream system in Weld County, Colorado, helping increase its oil flow to the Cushing hub in Oklahoma.
The agreement was made by the affiliate, Taproot Rockies Midstream LLC.
The increased acreage dedication to Taproot is a bolt-on opportunity to the existing system now under construction and supports the initial acreage dedication with Bison Oil and Gas II LLC.
Pipeline under construction
The Taproot produced water gathering system is currently in service, providing pipeline access to a disposal facility. Taproot is on schedule to have the remaining multi-product system completed and in service in the fourth quarter of 2018.
Crude oil will be gathered and transported to Tallgrass’ Pony Express Pipeline at the Buckingham Terminal, with access to several Midwest refiners and the market center in Cushing, Oklahoma.
Development of the fresh water supply and delivery system is underway and will be available to supply multiple area completions by late November 2018. Taproot is backed by Energy Spectrum Partners VII LP based in Dallas, Texas.