August 8, 2019 / 3:48 PM / 2 months ago

NGL Energy Partners actively looking to expand Delaware basin water business -CEO

HOUSTON, Aug 8 (Reuters) - U.S. pipeline operator NGL Energy Partners LP is looking to expand its position in its growing water solutions business in the Delaware Basin, and sees one or two attractive assets remaining in the largest U.S. oil field, Chief Executive Mike Krimbill said on Wednesday.

The Tulsa, Oklahoma-based company will participate in any sale processes initiated for those water assets but does not plan to start “a buying spree” in the water segment, Krimbill told investors. (Reporting by Collin Eaton in Houston Editing by Bill Trott)

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