Rangeland Energy was founded in 2009 and targeted development and acquisition opportunities in North Dakota's emerging Bakken oil-shale play. In December 2012, Rangeland sold the COLT Hub and related assets for $425 million to Inergy Midstream, L.P.
Rangeland Energy II
Rangeland Energy II formed in early 2013 and focused on the construction, expansion and operation of its RIO System, serving producers in the Delaware Basin. Rangeland Energy II was sold to Tesoro Refining & Marketing Company LLC, a wholly owned subsidiary of Andeavor.