-+ 0.00%
-+ 0.00%
-+ 0.00%

Plains All American agrees to buy Silver Creek Powder River Basin crude gathering assets for $585 million

PUBT·09/16/2026 12:04:28
Listen to the news
Plains All American agrees to buy Silver Creek Powder River Basin crude gathering assets for $585 million
  • Plains All American Pipeline agreed to buy Silver Creek Midstream’s Powder River Basin crude gathering business for about USD 585 million cash.
  • Deal adds a large integrated system with about 600 miles of pipelines, 350,000 bpd capacity, 1.2 million barrels of storage.
  • Includes a 49% non-operated stake in the Powder River Gateway JV, providing links to Iron Horse, Powder River Express assets.
  • Transaction expected to close in the fourth quarter of 2026, subject to customary conditions including Hart-Scott-Rodino clearance.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Plains All American Pipeline LP published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609160800PRIMZONEFULLFEED9827673) on September 16, 2026, and is solely responsible for the information contained therein.