Colorado helium plant gets new owner

OK Energy Today

A helium plant located west of Cheyenne Wells, Colorado near the Colorado-Kansas state line has a new owner. Tumbleweed Midstream LLC acquired the Ladder Creek Helium Plant and Gathering System from DCP Midstream, LP.

The Ladder Creek system is supported by long-term acreage dedications across a 1,000-square-mile area that spans Cheyenne, Kit Carson and Kiowa counties in Colorado and Hamilton, Greeley, Wichita, Kearney, Wallace and Finney counties in Kansas. Terms of the transaction were not disclosed.