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Bracewell Represents Chevron in $800 Million Sale of NGL Pipeline

Bracewell & Giuliani LLP represented Chevron Corporation in the sale of approximately $800 million in natural gas liquids (NGL) pipelines and related assets to ONEOK Partners, LP.

The transaction includes 100% interest in the Mesquite Pipeline and 80% interest in the West Texas LPG Pipeline Limited Partnership (West Texas LPG). The assets extend from the Permian Basin in southeastern New Mexico to East Texas and Mont Belvieu, Texas and consist of approximately 2,600 miles of NGL pipeline.

For more information, please click here.

Bracewell attorneys involved in the transaction include:

Partners: Daniel E. Hemli, Elizabeth L. McGinley, Heather Palmer, and G. Alan Rafte

Counsel: Jaqueline R.  Java

Associates: Kate Champion and Vivian Y. Ouyang