Targa Badlands LLC Crude Oil Pipeline Depreciation Rates Approved
Summary
FERC's Office of Energy Market Regulation issued a delegated order accepting Targa Badlands LLC's filing requesting approval of revised crude oil pipeline depreciation rates under Docket DO26-5. The order was filed and posted on April 7, 2026, and accepts the company's December 18, 2026 filing as compliant with Commission regulations.
What changed
FERC issued a letter order accepting Targa Badlands LLC's revised crude oil pipeline depreciation rates under the Commission's regulatory authority. The order represents a routine rate approval action for a specific pipeline operator's cost recovery methodology.\n\nAffected parties, primarily Targa Badlands LLC and shippers using the Badlands crude oil pipeline system, should update their financial models and cost allocation calculations to reflect the newly approved depreciation rates. Other pipeline operators under FERC jurisdiction may use this order as a reference point when evaluating their own rate filings.
What to do next
- Review revised depreciation rates for accounting and financial reporting implications
- Update asset depreciation schedules per FERC-approved rates
- Monitor FERC eLibrary for any subsequent amendments or clarifications
Archived snapshot
Apr 7, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
Document Info for Accession Number: 20260407-3055
Details Document: 04/07/2026
Filed: 04/07/2026
Posted: 04/07/2026 01:37:05 PM
First Received Date: 04/07/2026 01:22:38 PM
Security Level: Public
Official: Yes
E-filing: No
Non-decisional: No
Category: Issuance
Library: Oil
Aperture: 0
File Type:
Description* :** Letter order accepting Targa Badlands LLC's 12/18/2026 filing of request approval of revised crude oil pipeline depreciation rates in accordance with the Commission’s regulations under DO26-5.
File List
| Docket | Sub-Docket | Type |
| --- | --- | --- |
| DO26-5 | 000 | On Document |
| Document Class | Document Type |
| --- | --- |
| Order/Opinion | Delegated Order |
| Correspondent | Last Name | First Name | MI | Role/Org |
| --- | --- | --- | --- | --- |
| AUTHOR | PALAZZI | M | | OFFICE OF ENERGY MARKET REGULATION |
| RECIPIENT | LEWIS | M | K | TARGA BADLANDS LLC |
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Source
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