NGL Energy Partners LP (NYSE:NGL) Q2 2020 Earnings Conference Call - Final Transcript

Nov 08, 2019 • 11:00 am ET

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NGL Energy Partners LP (NYSE:NGL) Q2 2020 Earnings Conference Call - Final Transcript

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Q & A
Executive
Mike Krimbill

could shut down fracking on the BLM way. Currently, we have some production in not predominantly New Mexico that were our producers are on BLM. We tried to figure out how much water is coming off of those lands. But there is no way for us to know the advantage. Obviously, what we do is all the water is on pipe. But when water is on pipe, you don't know what leases that came from. So there is no way for us to determine how much of our New Mexico waters coming off of the BLM way, but we do think that's fake news. Unfortunately investors who don't know any better may react to their detriment, but we saw the same thing happened in the DJ. At the end of the day in the DJ, we had our biggest water customer come to us and asked for a 15-year contract. So, quite a bit different than the fake news that came out about the setback proposal.

Analyst
Spiro Dounis

Understood. Yes. I can appreciate. That's a tough one to answer. So I appreciate taking a stab at it. Thanks, guys.

Executive
Mike Krimbill

Thanks, Spiro.

Operator
Operator

Thank you. Our next question comes from the line of Mike Murray, Private Investor. Your question please.

Analyst
Mike Murray

My question has been answered.

Executive
Mike Krimbill

Thank you.

Analyst
Mike Murray

Hey, Mike.

Operator
Operator

This does conclude the question-and-answer session. I would now like to hand the program back to Mike Krimbill for any further remarks.

Executive
Mike Krimbill

Again, I have many thoughts that I think I'll keep into myself. So thank you and we'll see you next quarter.

Operator
Operator

[Operator Closing Remarks]