Western Gas Picks Up Anadarko Assets For $254M

Law360, New York (February 1, 2010, 4:02 PM EST) -- Western Gas Partners LP announced Monday its purchase of a natural gas pipeline and other midstream assets in southwest Wyoming from affiliate Anadarko Petroleum Corp. for about $254.4 million.

Western Gas said it purchased Anadarko's 100 percent ownership interest in two systems: the Granger gathering system — a 750-mile gathering system with related compression and other facilities — and the Granger plants.

The plants include two cryogenic trains, two refrigeration trains, a natural gas liquids fractionation facility and ancillary equipment. The average throughput on these systems...
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