April 28, 2017 7:24 AM ET

Oil, Gas and Consumable Fuels

Company Overview of Saddlehorn Pipeline Company

Company Overview

Saddlehorn Pipeline Company owns and operates the Saddlehorn pipeline to transport crude oil from Platteville, Colorado to to Cushing, Oklahoma. The company is headquartered in the United States.

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United States

Key Executives for Saddlehorn Pipeline Company

Saddlehorn Pipeline Company does not have any Key Executives recorded.

Saddlehorn Pipeline Company Key Developments

Saddlehorn and Grand Mesa to Combine Projects Through Undivided Joint Interest in DJ Basin Crude Oil Pipeline

Saddlehorn Pipeline Company, LLC announced that it is combining projects with Grand Mesa Pipeline, LLC for the construction of a 20-inch undivided joint interest pipeline which begins approximately 20 miles north of Saddlehorn's Platteville, Colorado origin at a junction near Grand Mesa's Lucerne, Colorado origin. The joint interest pipeline will deliver various grades of crude oil from the DJ Basin to storage facilities in Cushing, Oklahoma. As part of the undivided joint interest, Saddlehorn and Grand Mesa will share in the costs for the pipeline that is currently under construction. The initial capacity of the joint interest pipeline is expected to be 340,000 barrels per day with Saddlehorn owning 190,000 bpd of capacity and Grand Mesa owning 150,000 bpd. Saddlehorn and Grand Mesa will be responsible for their own commercial activities, including customer relationships, contract terms and tariff structure, with respect to their interest in the pipeline. Saddlehorn has the option to expand the maximum capacity of the pipeline to more than 450,000 bpd in the future at its sole discretion and cost. Saddlehorn would own all of the incremental capacity from any expansion.

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