TORONTO, Oct. 11, 2016 /CNW/ – Noble Energy Partners has purchased additional assets with a combined value of $27.5 million. The company will purchase 100% WI in a 33 MMcf/d gas-processing facility with pipelines for $15 million as well as a retail propane business, which has a five-year supply deal associated with the gas processing facility in a deal expected to close by year’s end.
The system consists of approximately 51 miles of 2″ to 8″ (nominal ID) gathering laterals and ancillary facilities designed to gather gas from wells in Sweetwater County, Wyoming. The gathering system includes all gathering pipe, meters, valves, fittings, and other appurtenant facilities. The approximate physical location of the gathering system comprising of 44 miles of 8′ diameter pipeline, approximately 4″ pipeline, and associated equipment.