Ironwood Acquires Gardendale and Asherton Gathering Systems from Twin Eagle

Updated 1 year 9 months ago

On November 12, 2019, Ironwood Midstream Energy Partners II has entered into a binding agreement to purchase the Gardendale and Asherton gathering systems from Twin Eagle. These systems together currently include 150 mi of active crude oil gathering pipeline with connections to multiple long-haul pipelines. Interconnects include Plains All American, Harvest, NuStar Logistics, and the upcoming EPIC pipeline. The Gardendale and Asherton systems span Dimmit and La Salle counties and are supported by long-term dedications totaling more than 124,000 acres. The transaction closed on December 10, 2019, and Twin Eagle COO Danny Rea joined Ironwood as chief commercial officer.