The COLT Hub was put into service in May 2012, one year after Rangalend launched construction. Today COLT serves as a point of liquidity for the distribution of Bakken crude oil throughout North American markets by providing customers with crude oil storage and connectivity to the BNSF Railway Company along with various inbound and outbound pipeline systems.
At the time of sale to Inergy Midstream, L.P. in December 2012, COLT aggregated crude oil via pipeline and truck; provided crude oil handling, on-site blending and storage services; and offered access to multiple downstream crude oil markets through pipeline and unit train loading. With 720 MBbl of working capacity tankage (six 120 MBbl tanks), space for additional tanks (120 MBbl or larger), eight truck bays, and two 8,700 foot rail loops, COLT accommodates large 120-car unit trains and, at the time of its sale to Inergy Midstream, L.P. was capable of moving more than 120 MBbl/d by rail.
COLT also provided pipeline services into and out of the COLT Hub through the COLT Connector, a 21-mile, bidirectional, crude oil transmission pipeline. At time of sale, the pipeline had a capacity of 70 MBbl/d and connected the COLT Hub to a point of interconnect with multiple crude oil pipelines at Rangeland's Dry Fork terminal near the Beaver Lodge/Ramberg junction, eight miles south of Tioga, North Dakota, including interconnects to the Tesoro and Enbridge pipeline systems. Rangeland built a 120 MBbl storage tank at Ramberg to facilitate these movements.
At time of sale, the COLT system served four large crude oil refiners/marketers, including Tesoro Corporation and Flint Hills Resources. Rangeland also had inbound agreements with Bear Tracker Energy, the Highland Crude Market Center, and the Tesoro High Plains Pipeline, as well as outbound connections with Enbridge and Tesoro.
