"plotLineColorFalling": "#FF4A68", The system is anchored by long-term transportation agreements with three of the region’s largest crude oil producers, who have made a combined minimum volume commitment representing 40 percent of the system’s capacity. Briton Speer is the vice president of business development at Rangeland Midstream Canada, which is beginning construction of its Marten Hills Pipeline System on Monday, Oct. 21, 2019. tap here to see other videos from our team. "d": "TSX Energy" "tabs": [ "showChart": true, This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. By continuing to use our site, you agree to our Terms of Service and Privacy Policy. The system is expected to come into service in the second quarter of 2020. { "scaleFontColor": "#DADDE0", Sign up to receive daily headline news from the Edmonton Journal, a division of Postmedia Network Inc. ", The company is hopeful that major pipeline expansion projects, such as Trans Mountain or Keystone XL, will be completed soon to enable producers to develop the Marten Hills area fully, Millar said. For more information, please visit www.rangelandenergy.com. "locale": "en", The Rangeland Canada team has significant expertise in designing, constructing and operating midstream assets in the Western Canadian Sedimentary Basin. Millar said he expects that within a year of starting up the pipe, Rangeland will be expanding it. Corporate Headquarters: 333 Clay Street, Suite 1600, Houston, TX 77002 713.646.4100 "title": "Commodities", Read more about cookies here. "plotLineColorGrowing": "rgba(61, 133, 198, 1)", Postmedia is committed to maintaining a lively but civil forum for discussion and encourage all readers to share their views on our articles. We ask you to keep your comments relevant and respectful. Rangeland pipeline system. Refer to the map on the back of … ] "s": "INDEX:DJI", { }, There was an error, please provide a valid email address. "symbolActiveColor": "#F2FAFE", Please enable cookies on your browser and try again. The service requires full JavaScript support in order to view this website. Visit our Community Guidelines for more information and details on how to adjust your email settings. Help us to improve EnergyNow, Give us your feedback, WHO’S NEXT? "s": "USOIL", "symbols": [ 303.507.0510 m, 405-464-4475 m Rise Above the Ongoing Global Economic Challenge, Recent Advances in Becht’s HTHA Damage Modeling Approach, U.S. Election Will Help Canada’s Oilpatch No Matter Who Wins, Canada Weekly Rig Count Up 3 for Week Ending October 23, 2020, Canada’s Cenovus Energy to buy Husky Energy for $3.8 billion in shares – $23.6 billion deal value, U.S. oil and gas rigs rise to highest since May: Baker Hughes, Highwood Oil Company Ltd. These pipelines are licensed as High Vapour Pressure (HVP) and forms part of Plains’ Alberta pipeline network. “We hope to be growing that footprint,” said Millar. The Rangeland team represents more than 200 years of combined midstream experience and is backed by growth capital commitments from EnCap Flatrock Midstream. © 2020 Edmonton Journal, a division of Postmedia Network Inc. All rights reserved. “This is our first asset in Canada, and we’re really excited about it. EnergyNow is an online energy news and data media service dedicated to providing essential up to-date information on the Canadian oil & gas industry. "d": "WCS Heavy" 365 Bloor Street East, Toronto, Ontario, M4W 3L4. } { SUGAR LAND, Texas, and CALGARY, Alberta – April 30, 2019 – Rangeland Midstream Canada, Ltd.(”Rangeland Canada”), a wholly owned subsidiary of Rangeland Energy III LLC, today announced its plans to design, construct and operate new crude oil and condensate pipelines located in the Marten Hills region of north central Alberta. "d": "WTI Crude" Casey Nikoloric Millar said the economics for oil and gas producers in the Clearwater Formation are “very compelling.”. "s": "TVC:USOIL+NYMEX:WCW1! ] Cenovus-Husky deal creates new Canadian oil major, stokes hunger for deals, OPEC chief says rising infections may delay oil recovery, Topaz Energy Corp. 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"belowLineFillColorFalling": "rgba(255, 74, 104, 0.05)", Rangeland Midstream Canada, Ltd. announced its plans for a new crude oil and condensate pipelines located in north central Alberta. Marten Hills Pipeline System will serve the Clearwater Formation in Alberta, Canada. { "d": "TSX Venture" "s": "INDEX:TXCX", { "d": "CDN Light Sweet" The service requires full cookie support in order to view this website. "s": "INDEX:JX", }, “We go to a lot of different places in the oil and gas world, and not all of them are as pleasant and as beautiful as Alberta.”. Headquartered in Sugar Land, Texas, Rangeland Energy was formed in 2009 to focus on developing, acquiring, owning and operating midstream infrastructure for crude oil, natural gas, natural gas liquids and other petroleum products. We apologize, but this video has failed to load. The maximum Emergency Planning Zone (EPZ) is 1.1 km for the Rangeland pipeline system. }, The next issue of Edmonton Journal Headline News will soon be in your inbox. "d": "TSX Composite" "d": "DOW JONES Index" { The company is focused on emerging hydrocarbon production areas across North America, with a current emphasis on the Gulf Coast and Canada. Please try again. Briton Speer is the vice president of business development at Rangeland Midstream Canada, which is beginning construction of its Marten Hills Pipeline System on Monday, Oct. 21, 2019. "s": "INDEX:CDNC", "largeChartUrl": "http://energynow.ca/data/", Based in San Antonio with offices in Oklahoma City and Houston, the firm manages investment commitments of nearly $9 billion from a broad group of prestigious institutional investors.

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