Crimson Buys ExxonMobil Pipeline Assets

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Houma, LA-based Crimson Gulf, LLC has acquired the South Marsh Island gathering system and the Southwest Louisiana Onshore Pipeline system from ExxonMobil Pipeline Co. The pipelines span a collective 220 miles from offshore Gulf of Mexico to Krotz Springs, LA, expanding Crimson’s capacity to transport crude oil in the region. The system includes 105 miles of offshore pipeline and 115 miles of onshore pipeline, including three break out tanks and pumping stations.
  “This acquisition is very synergistic with our existing operations and expands the reach of our resources in the region, positioning Crimson for continued, healthy growth in the future,” said Larry Alexander, president of Crimson Gulf. “Crimson Gulf will continue to identify the right investment opportunities to support our expansion efforts and provide attractive transportation options for crude oil customers in South Louisiana and the Gulf of Mexico.”
  Crimson Gulf has seen significant growth since it began operating in the Gulf of Mexico and Louisiana in 2012. Its network of owned and operated pipelines traverses over 800 miles and is comprised of nine pipeline systems connecting to 100 offshore oil platforms and production sites.