Expedition buys midstream assets in Powder River Basin

GREELEY — Expedition Water Solutions Colorado LLC, based in Greeley, has acquired water-infrastructure assets that further expand Expedition’s position in the Powder River Basin. The acquisition also provides Expedition with a greenfield growth avenue for additional assets in the core of the Powder River Basin

Expedition has acquired Bluegrass Water LLC and Bluegrass Southern Cross LLC, which collectively offer more than 10 million Bbls of capacity in the PRB and Wamsutter basins. The assets serve the largest operators in the basins under long-term contracts.

“We are thrilled to bring the Bluegrass facilities into the Expedition family. With this acquisition, we will continue to pursue the Expedition standards of excellence, superior service and best-in-class safety as we grow to become the leader in Wyoming water disposal,” Jim Goddard, president and founder, said in a written statement.

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Zach Neal, chief financial officer, continued, “We are delighted to expand our water midstream footprint in the PRB with this acquisition. The Bluegrass assets provide us with the scale to provide comprehensive, basin-wide disposal infrastructure to contracted customers. They also provide a unique base to further scale our operations with greenfield projects.”

Expedition Water Solutions is a water midstream company with principal operations in the Denver-Julesburg Basin of Colorado and the Powder River Basin of Wyoming.