O311.241.3C0040111231.41.5183807441.6838074421.1C004011Blue Racer NGL Pipelines, LLC/Berne Gas Plant/Natrium Gas Plant2022-01-012022-12-31C004011ScheduleNoncarrierPropertyAbstract2022-01-012022-12-31C004011West Virginia/29119 Propane2022-01-012022-12-31C004011ferc:OilProductsMember2021-01-012021-12-31C004011West Virginia/29119 Butane2022-01-012022-12-31C004011ScheduleLongTermDebtAbstract2022-01-012022-12-31C0040112022-01-012022-12-31C004011ScheduleInterestAndDividendIncomeAbstract2022-01-012022-12-31C004011ScheduleAccruedDepreciationUndividedJointInterestPropertyAbstract2022-01-012022-12-31C004011EVP_CFO2022-01-012022-12-31C004011ScheduleCarrierPropertyAbstract2022-01-012022-12-31C004011ScheduleAppropriatedRetainedIncomeAbstract2022-01-012022-12-31C004011ScheduleInvestmentsInCommonStocksOfAffiliatedCompaniesAbstract2022-01-012022-12-31C004011Blue Racer Midstream, LLC2022-12-31C004011ScheduleCompaniesControlledByRespondentAbstract2022-01-012022-12-31C004011ferc:OilProductsTrunkMember2022-01-012022-12-31C004011Blue Racer NGL Pipelines, LLC/Natrium Gas Plant/Oak Grove, WVferc:WhollyOwnedAndOperatedByRespondentMember2022-01-012022-12-31C004011ferc:OilProductsMember2022-01-012022-12-31C0040112020-12-31C004011West Virginia2022-01-012022-12-31C004011ScheduleCapitalStockAbstract2022-01-012022-12-31C004011SchedulePayablesToAffiliatedCompaniesAbstract2022-01-012022-12-31C004011CEO2022-01-012022-12-31C004011ScheduleDirectorsAbstract2022-01-012022-12-31C004011West Virginia/29119 Y Grade2022-01-012022-12-31C004011EVP_CCO2022-01-012022-12-31C004011SVP_General Counsel2022-01-012022-12-31C004011ferc:IntrastateTransportationMember2022-01-012022-12-31C004011ScheduleInvestmentsInAffiliatedCompaniesAbstract2022-01-012022-12-31C004011ScheduleAmortizationBaseAndReserveAbstract2022-01-012022-12-31C004011West Virginia/29119 Butaneferc:OilProductsMember2022-01-012022-12-31C004011Blue Racer Midstream, LLC2022-01-012022-12-31C004011Blue Racer NGL Pipelines, LLC/Natrium Gas Plant/Follansbee, WVferc:WhollyOwnedAndOperatedByRespondentMember2022-01-012022-12-31C004011Blue Racer NGL Pipelines, LLC/Natrium Gas Plant/Follansbee, WV2022-01-012022-12-31C004011SchedulePipelineTaxesAbstract2022-01-012022-12-31C004011West Virginia/29119 Ethane2022-01-012022-12-31C0040112021-12-31C004011Blue Racer Midstream, LLC2022-12-31C0040112022-12-31C004011ScheduleStatementOfAccumulatedOtherComprehensiveIncomeAndHedgingActivitiesAbstract2022-01-012022-12-31C004011ScheduleIncomeFromNoncarrierPropertyAbstract2022-01-012022-12-31C004011Blue Racer NGL Pipelines, LLC/Berne Gas Plant/Natrium Gas Plantferc:WhollyOwnedAndOperatedByRespondentMember2022-01-012022-12-31C004011West Virginia/29119 Y Gradeferc:OilProductsMember2022-01-012022-12-31C004011EVP_COO2022-01-012022-12-31C004011Partners_Capital Contributions2022-01-012022-12-31C0040112021-01-012021-12-31C004011ScheduleAnalysisOfFederalIncomeAndOtherTaxesDeferredAbstract2022-01-012022-12-31C004011ferc:WhollyOwnedAndOperatedByRespondentMember2022-01-012022-12-31C004011Blue Racer NGL Pipelines, LLC/Natrium Gas Plant/Oak Grove, WV2022-01-012022-12-31C004011Blue Racer Midstream, LLC2022-01-012022-12-31C004011-2022-01-012022-12-31C004011West Virginia/29119 Ethaneferc:OilProductsMember2022-01-012022-12-31C004011ferc:InterstateTransportationMember2021-01-012021-12-31C004011West Virginia/29119 Propaneferc:OilProductsMember2022-01-012022-12-31C004011StatisticalDataAbstract2022-01-012022-12-31C004011SVP_CAO2022-01-012022-12-31C004011ScheduleOperatingExpenseAccountsAbstract2022-01-012022-12-31C004011ScheduleOtherDeferredChargesAbstract2022-01-012022-12-31utr:bblutr:inutr:miiso4217:USDxbrli:pure
THIS FILING IS
Item 1:
☑ An Initial (Original) Submission
OR
☐ Resubmission No.

FERC FINANCIAL REPORT
FERC FORM No. 6: Annual Report of
Oil Pipeline Companies and
Supplemental Form 6-Q: Quarterly
Financial Report



(Formerly ICC Form P)
These reports are mandatory under the Interstate Commerce Act, Sections 20 and 18 CFR Parts 357.2 and 357.4. Failure to report may result in criminal fines, civil penalties and other sanctions as provided by law. The Federal Energy Regulatory Commission does not consider this report to be of a confidential nature.
Exact Legal Name of Respondent (Company)

Blue Racer NGL Pipelines, LLC
Year/Period of Report

End of:
2022
/
Q4

FERC FORM NO.
6
(ED. 02-04)

INSTRUCTIONS FOR FILING FERC FORMS 6 AND 6-Q GENERAL INFORMATION

  1. Purpose

    The FERC Form No. 6 is an annual regulatory reporting requirement (18 C.F.R. § 357.2). The FERC Form No. 6-Q is a quarterly regulatory reporting requirement (18 C.F.R. § 357.4). These reports are designed to collect both financial and operational informational from oil pipeline companies subject to the jurisdiction of the Federal Energy Regulatory Commission. These reports are also considered to be non-confidential public use forms.

  2. Who Must File

    1. Each oil pipeline carrier whose annual jurisdictional operating revenues has been $500,000 or more for each of the three previous calendar years must file FERC Form No. 6 (18 C.F.R. § 357.2 (a)). Oil pipeline carriers submitting FERC Form No. 6 must submit FERC Form No. 6-Q (18 C.F.R. § 357.4(a)). Newly established entities must use projected data to determine whether FERC Form No. 6 must be filed.
    2. Oil pipeline carriers exempt from filing FERC Form No. 6 whose annual jurisdictional operating revenues have been more than $350,000 but less than $500,000 for each of the three previous calendar years must prepare and file page 301, “Operating Revenue Accounts (Account 600),” and page 700, “Annual Cost of Service Based Analysis Schedule,” of FERC Form No. 6. When submitting pages 301 and 700, each exempt oil pipeline carrier must include page 1 of the FERC Form No. 6, the Identification and Attestation schedule (18 C.F.R. § 357.2 (a)(2)).
    3. Oil pipeline carriers exempt from filing FERC Form No. 6 and pages 301 and whose annual jurisdictional operating revenues were $350,000 or less for each of the three previous calendar years must prepare and file page 700, “Annual Cost of Service Based Analysis Schedule,” of FERC Form No. 6. When submitting page 700, each exempt oil pipeline carrier must include page 1 of FERC Form No. 6, the Identification and Attestation schedule (18 C.F.R. § 357.2 (a)(3)).

  3. What and Where to Submit

    1. Submit FERC Form Nos. 2, 2-A and 3-Q electronically through the eCollection portal at https://eCollection.ferc.gov, and according to the specifications in the Form 6 and 6-Q taxonomies.
    2. The Corporate Officer Certification must be submitted electronically as part of FERC Form Nos. 6 and 6-Q filings.
    3. Check the appropriate box on page 2, List of Schedules, if the Annual Report to Stockholders will be submitted, or if no Annual Report to Stockholders has been prepared.
    4. Submit immediately upon publication, by either eFiling or mail, two (2) copies of the latest Annual Report to Stockholders to the Secretary of the Commission at:

      Secretary of the Commission
      Federal Energy Regulatory Commission
      888 First Street, NE
      Washington, DC 20426

    5. Filers are encouraged to file their Annual Report to Stockholders using eFiling at http://www.ferc.gov/docs-filing/efiling.asp. Further instructions are found on Commission’s website at https://www.ferc.gov/ferc-online/ferc-online/frequently-asked-questions-faqs-efilingferc-online.
    6. Blank copies of FERC Form Nos. 6 and 6-Q are available free of charge from https://www.ferc.gov/general-information-1/oil-industry-forms.

  4. When to Submit

    FERC Forms must be filed by the following schedule:

    1. FERC Form No. 6 for each year ending December 31 must be filed by April 18th of the following year (18 C.F.R. § 357.2), and
    2. FERC Form No. 6-Q for each calendar quarter must be filed within 70 days after the end of the reporting quarter (18 C.F.R. § 357.4).

  5. Where to Send Comments on Public Reporting Burden

    1. The public reporting burden for the FERC Form No. 6 is estimated to average 161 hours per response, including the time for reviewing instructions, searching existing data sources, gathering and maintaining the data needed, and completing and reviewing the collection of information. The public reporting burden for the FERC Form No. 6-Q is estimated to average 150 hours per response. Send comments regarding these burden estimates or any aspect of these information collections, including suggestions for reducing this burden, to the Federal Energy Regulatory Commission, at DataClearance@FERC.gov, or to 888 First Street, NE, Washington, DC 20426 (Attention: Information Clearance Officer); and to the Office of Information and Regulatory Affairs, Office of Management and Budget, Washington, DC 20503 (Attention: Desk Officer for the Federal Energy Regulatory Commission). For security reasons, comments should be sent by e-mail to OMB at oira_submission@omb.eop.gov.
    2. You shall not be penalized for failure to respond to this collection of information unless the collection of information displays a valid OMB control number.

GENERAL INSTRUCTIONS

  1. Prepare this report in conformity with the Uniform System of Accounts (18 C.F.R. Part 352) (USofA). Interpret all accounting words and phrases in accordance with the USofA.
  2. Enter in whole numbers (dollars or MWH) only, except where otherwise noted. (Enter cents for averages and figures per unit where cents are important. The truncating of cents is allowed except on the four basic financial statements where rounding is required.) The amounts shown on all supporting pages must agree with the amounts entered on the statements that they support. When applying thresholds to determine significance for reporting purposes, use for balance sheet accounts the balances at the end of the current reporting period, and use for statement of income accounts the current year's year to date amounts.
  3. Complete each question fully and accurately, even if it has been answered in a previous period. Enter the word "None" where it truly and completely states the fact.
  4. For any page(s) that is not applicable to the Filer, either enter the words “Not Applicable” on the particular page(s), or omit the page(s) and enter “NA”, “None”, or “Not Applicable” in column (d) on the List of Schedules, page 2.
  5. Enter the month, day, and year for all dates. Use customary abbreviations. The "Date of Report" at the top of each page is applicable only to resubmissions.
  6. Generally, except for certain schedules, all numbers, whether they are expected to be debits or credits, must be reported in the positive. Numbers having a sign that is different from the expected sign should be entered with a negative (-) sign.
  7. For any resubmissions, please explain the reason for the resubmission in a footnote to the data field.
  8. Do not make references to reports of previous periods or to other reports in lieu of required entries, except as specifically authorized.
  9. Whenever (schedule) pages refer to figures from a previous period the figures reported must be based upon those shown by the report of the previous period or an appropriate explanation given as to why different figures were used.
  10. Schedule specific instructions are found in the applicable taxonomy and on the applicable blank rendered form.

DEFINITIONS

  1. Active Corporation - A corporation which maintains an organization for operating property or administering its financial affairs.
  2. Actually Issued - For the purposes of this report, capital stock and other securities are considered to be actually issued when sold to a bona fide purchaser for a valuable consideration, and such purchaser holds free from control by the respondent.
  3. Actually Outstanding - For the purposes of this report, capital stock and other securities actually issued and not reacquired by or for the respondent.
  4. Affiliated Companies - The situation where one company directly or indirectly controls the other, or where they are subject to a common control.
  5. Carrier - A common carrier by pipeline subject to the Interstate Commerce Act.
  6. Commission - Means the Federal Energy Regulatory Commission.
  7. Control (including the terms "controlling," "controlled by," and "under common control with") -
    1. The possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of a company, whether such power is exercised through one or more intermediary companies, or alone, or in conjunction with, or pursuant to an agreement. Also, it is necessary whether such power is established through a majority or minority ownership or voting of securities, common directors, officers or stockholders, voting trusts, holding trusts, associated companies, contract or any other direct or indirect means. When there is doubt about an existence of control in any particular situation, the carrier shall report all pertinent facts to the Commission for determination. (18 C.F.R. Part 352, Definition 10.)
    2. For the purposes of this report, the following are to be considered forms of control:
      1. Right through title to securities issued or assumed to exercise the major part of the voting power in the controlled company;
      2. Right through agreement of through sources other than title to securities to name the majority of the board of directors, managers, or trustees of the controlled company;
      3. Right to foreclose a priority lien upon all or a major part in value of the tangible property of the controlled company;
      4. Right to secure control in consequence of advances made for construction of the property of the controlled company. Indirect control is that exercised through an intermediary.
    3. A leasehold interest in the property of a company is not for the purpose of these accounts to be classed as a form of control over the lessor company.
  8. Crude Oil - Oil in its natural state (including natural gas and other similar natural constituents), not altered, refined, or prepared for use by any process.
  9. Inactive Corporation - A corporation which has been practically absorbed in a controlling corporation, and which neither operates property nor administers its financial affairs; if it maintains an organization it does so only for the purpose of complying with legal requirements and maintaining title to property or franchises.
  10. Nominally Issued - For the purposes of this report, capital stock and other securities are considered to be nominally issued when certificates are signed and sealed and placed with the proper officer for sale and delivery or are pledged or otherwise placed in some special fund of the respondent.
  11. Nominally Outstanding - For the purposes of this report, those capital stock and other securities reacquired by or for the respondent under such circumstances require them to be considered held alive and not canceled or retired.
  12. Products - Oils that have been refined, altered, or processed for use, such as fuel oil and gasoline.
  13. Undivided Joint Interest Pipeline - Physical pipeline property owned in undivided joint interest by more than one person/entity.
  14. Undivided Joint Interest Property - Carrier property owned as part of an undivided joint interest pipeline.

EXCERPTS FROM THE LAW

Interstate Commerce Act, Part I

Section 20

  1. The Commission is hereby authorized to require annual, periodical, or special reports from carriers, Lessons, "^^(as defined in this section),to prescribe the manner and form in which such reports shall be made, and to require from such carriers, lessors, "^^specific and full true, and correct answers to all questions upon which the Commission may deem information to be necessary, classify such carrier, lessors, "^^ as it may deem proper for any of these purposes. Such annual reports shall give an account of the affairs of the carrier, lessor, "^^ in such form and detail as may be prescribed by the Commission.
  2. Said annual reports shall contain all the required information for the period of twelve months ending on the 31st day of December in each year, unless the Commission shall specify a different date, and shall be made out under oath and filled with the Commission at its office in Washington within three months after the close of the year for which report is made, unless additional time be granted in any case by the Commission.

GENERAL PENALTIES

Section 20

(7)(b) Any person who shall knowingly and willfully make, cause to be made, or participate in the making of any false entry in any annual or other report required under this section to be filled, "^^ or shall knowingly or willfully file with the Commission any false report, or other document, shall be deemed guilty of a misdemeanor and shall be subject, upon conviction in any court of the United States of competent jurisdiction to a fine of not more than five thousand dollars or imprisonment for not more than two years, or both such fine and imprisonment."^^

(7)(c) Any carrier or lessor, or any officer, agent, employee, or representative thereof, who shall fail to make and file an annual or other report with the Commission within the time fixed by the Commission, or to make specific and full true and correct answer to any questions within thirty days from the time it is lawfully required by the Commission so to do, shall forfeit to the United States the sum of one hundred dollars for each and every day it shall continue to be in default with respect thereto.

FERC FORM No.
6
FERC FORM NO.
6

REPORT OF OIL PIPELINE COMPANIES
IDENTIFICATION
01 Exact Legal Name of Respondent


Blue Racer NGL Pipelines, LLC
02 Year/ Period of Report

End of:
2022
/
Q4
03 Previous Name and Date of Change (if name changed during year)


/


04 Address of Principal Office at End of Year (Street, City, State, Zip Code)


5949 Sherry Lane, Ste 1700, Dallas, Texas 75225
05 Name of Contact Person


Ashley Rogers
06 Title of Contact Person


Sr . NGL Accountant
07 Address of Contact Person (Street, City, State, Zip Code)


5949 Sherry Lane, Ste 1700, Dallas, Texas 75225
08 Telephone of Contact Person, Including Area Code


214-580-3854
09 This Report is

(1)
☑ An Original

(2)
☐ A Resubmission
10 Date of Report (Mo, Da, Yr)


02/23/2023
ANNUAL CORPORATE OFFICER CERTIFICATION
The undersigned officer certifies that:
I have examined this report and to the best of my knowledge, information, and belief all statements of fact contained in this report are correct statements of the business affairs of the respondent and the financial statements, and other financial information contained in this report, conform in all material respects to the Uniform System of Accounts.



01 Name


Tony Strehlow
02 Title


SVP & CAO
03 Signature


/s/
04 Date Signed (Mo, Da, Yr)

02/23/2023
Title 18, U.S.C. 1001 makes it a crime for any person to knowingly and willingly to make to any Agency or Department of the United States any false, fictitious or fraudulent statements as to any matter within its jurisdiction.








FERC FORM No.
6
(REV. 02-04)
Page
1
Name of Respondent

Blue Racer NGL Pipelines, LLC
This Report Is:

(1)
☑ An Original

(2)
☐ A Resubmission
Date of Report

02/23/2023
Year/Period of Report

End of:
2022
/
Q4
List of Schedules

Enter in column (d) the terms "none," "not applicable," or "NA," as appropriate, where no information or amounts have been reported for certain pages.
Title of Schedule
(a)
Reference Page No.
(b)
Date Revised
(c)
Remarks
(d)
ScheduleWaiver
Schedule Waiver
ScheduleExemption
Schedule Exemption
GeneralCorporateInformationAndFinancialStatementsAbstract
GENERAL CORPORATE INFORMATION AND FINANCIAL STATEMENTS
ScheduleGeneralInformationAbstract
General Information
 101
ED 12-91
ScheduleControlOverRespondentAbstract
Control Over Respondent
 102
REV 12-95
ScheduleCompaniesControlledByRespondentAbstract
Companies Controlled by Respondent
 103
NEW 12-95
N/A
ScheduleOfficersAbstract
Principal General Officers
 104
ED 12-91
ScheduleDirectorsAbstract
Directors
 105
REV 12-95
N/A
ScheduleImportantChangesDuringTheQuarterYearAbstract
Important Changes During the Year
 108
REV 12-95
ScheduleComparativeBalanceSheetAbstract
Comparative Balance Sheet Statement
 110
REV 12-03
ScheduleStatementOfIncomeAbstract
Income Statement
 114
REV 12-03
ScheduleStatementOfAccumulatedOtherComprehensiveIncomeAndHedgingActivitiesAbstract
Statement of Accumulated Other Comprehensive Income and Hedging Activities
 116
NEW 12-02
N/A
ScheduleAppropriatedRetainedIncomeAbstract
Appropriated Retained Income
 118
REV 12-95
N/A
ScheduleUnappropriatedRetainedIncomeStatementAbstract
Unappropriated Retained Income Statement
 119
REV 12-95
ScheduleStatementOfCashFlowsAbstract
Statement of Cash Flows
 120
REV 02-04
ScheduleNotesToFinancialStatementsAbstract
Notes to Financial Statements
 122
REV 12-95
BalanceSheetSupportingSchedulesAssetsAndOtherDebitsAbstract
BALANCE SHEET SUPPORTING SCHEDULES (Assets and Other Debits)
ScheduleReceivableFromAffiliatedCompaniesAbstract
Receivable From Affiliated Companies
 200
REV 12-00
ScheduleInvestmentsInAffiliatedCompaniesAbstract
Investments in Affiliated Companies
 202
ED 12-91
N/A
ScheduleInvestmentsInCommonStocksOfAffiliatedCompaniesAbstract
Investments in Common Stocks of Affiliated Companies
 204
ED 12-91
N/A
ScheduleInvestInComStocksOfAffiliatedCoCoControlledDirectlyByRespOtherThanThroughTitleToSecuritiesAbstract
Companies Controlled Directly by Respondent Other than through Title to Securities
 204
ED 12-91
ScheduleCarrierPropertyAbstract
Carrier Property
 212
REV 12-03
N/A
ScheduleUndividedJointInterestPropertyAbstract
Undivided Joint Interest Property
 214
REV 12-03
ScheduleAccruedDepreciationCarrierPropertyAbstract
Accrued Depreciation - Carrier prop (Exclusive of Depreciation on Undiv. Joint Int. Prop. reported in schedule 217)
 216
REV 12-03
ScheduleAccruedDepreciationUndividedJointInterestPropertyAbstract
Accrued Depreciaton - Undivided Joint Interest Property
 217
REV 12-03
N/A
ScheduleAmortizationBaseAndReserveAbstract
Amortization Base and Reserve
 218
REV 12-03
N/A
ScheduleNoncarrierPropertyAbstract
Noncarrier Property
 220
REV 12-00
N/A
ScheduleOtherDeferredChargesAbstract
Other Deferred Charges
 221
REV 12-00
N/A
BalanceSheetSupportingSchedulesLiabilitiesAndOtherCreditsAbstract
BALANCE SHEET SUPPORTING SCHEDULES (Liabilities and Other Credits)
SchedulePayablesToAffiliatedCompaniesAbstract
Payables to Affiliated Companies
 225
REV 12-00
N/A
ScheduleLongTermDebtAbstract
Long Term Debt
 226
ED 12-00
N/A
ScheduleAnalysisOfFederalIncomeAndOtherTaxesDeferredAbstract
Analysis of Federal Income and Other Taxes Deferred
 230
REV 12-00
N/A
ScheduleCapitalStockAbstract
Capital Stock
 250
REV 12-95
N/A
ScheduleCapitalStockChangesDuringTheYearAbstract
Capital Stock Changes During the Year
 252
ED 12-91
ScheduleAdditionalPaidInCapitalAbstract
Additional Paid-in Capital
 254
ED 12-87
IncomeAccountSupportingSchedulesAbstract
INCOME ACCOUNT SUPPORTING SCHEDULES
ScheduleOilOperatingRevenuesAbstract
Operating Revenue
 300
NEW. 06-04
ScheduleOperatingRevenueAccountsAbstract
Operating Revenue Accounts
 301
REV 12-00
ScheduleOperatingExpenseAccountsAbstract
Operating Expense Accounts
 302
REV 12-03
N/A
SchedulePipelineTaxesAbstract
Pipeline Taxes
 305
ED 12-87
N/A
ScheduleIncomeFromNoncarrierPropertyAbstract
Income from Noncarrier Property
 335
ED 12-91
N/A
ScheduleInterestAndDividendIncomeAbstract
Interest and Dividend Income
 336
REV 12-95
N/A
ScheduleMiscellaneousItemsInIncomeAndRetainedIncomeAccountsForTheYearAbstract
Miscellaneous Items in Income and Retained Income Accounts for the Year
 337
ED 12-96
SchedulePaymentsForServicesRenderedByOtherThanEmployeesAbstract
Payments for Services Rendered by Other Than Employees
 351
REV 12-95
StatisticalDataAbstract
PLANT STATISTICAL DATA
N/a
ScheduleStatisticsOfOperationsAbstract
Statistics of Operations
 600
REV 12-00
ScheduleStatisticsOfOperationsOwnedByRespondentButOperatedByOthersAbstract
Statistics of Operations - Operated by Others
 600a
REV 12-00
ScheduleMilesOfPipelineOperatedAtEndOfYearAbstract
Miles of Pipeline Operated at End of Year
 602
REV 12-00
ScheduleFootnotesAbstract
Footnotes
ED 12-91
ScheduleAnnualCostOfServiceBasedAnalysisScheduleAbstract
Annual Cost of Service Based Analysis Schedule
 700
REV 12-00
Stockholders' Reports (check appropriate box)
☐ Two copies will be submitted

☐ No annual report to stockholders is prepared

FERC FORM NO.
6
(REV. 12-95)
Page
2
Name of Respondent

Blue Racer NGL Pipelines, LLC
This Report Is:

(1)
☑ An Original

(2)
☐ A Resubmission
Date of Report

02/23/2023
Year/Period of Report

End of:
2022
/
Q4
General Information
  1. For item no. 1, give the exact full name of the respondent. Use the words "The" and "Company" only when they are parts of the corporate name. The corporate name should also be given uniformly throughout the report, notably on the cover, on the title page, and in the "Verification" (p. 1). If the report is made by receivers, trustees, a committee of bondholders, or individuals otherwise in possession of the property, state names and facts with precision.
  2. For item no. 2, if incorporated under a special charter, give date of passage of the act; if under a general law, give date of filing certificate of organization; if a reorganization has been effected, give date of reorganization. If a receivership or other trust, give also date when such receivership or other possession began. If a partnership, give date of formation and full names of present partners.
  3. For item no. 3, give specific reference to laws of each State or Territory under which organized, citing chapter and section. Include all grants of corporate powers by the United States, or by Canada or other foreign country; also, all amendments to charter. If in bankruptcy, give court of jurisdiction and dates of beginning of receivership or trusteeship and of appointment of receivers of trustees.
  4. For item no. 4, give specific reference to special or general laws under which each consolidation or merger or combination of other form was effected during the year, citing chapter and section. Specify Government, State, Territory under the laws of which each company consolidated or merged or otherwise combined during the year into the present company was organized; give reference to the charters of each, and to all amendments of them. Carefully distinguish between mergers and consolidations. For the purpose of this report, a merger may be defined as the absorption of one of two existing corporations by the other so the absorbed or merged corporation ceases to exist as a legal entity, its property passing to the merging or absorbing corporation, which assumes all of the merged corporation's obligations. A consolidation may be defined as the union of two or more existing corporations into a new corporation, which, through the consolidation, acquires all of the property of the uniting corporations, assumes all of their obligations, and issues its capital stock in exchange for those of the uniting corporations in ratios fixed in the agreement for consolidations, after completion of which both or all of the consolidating corporations cease to exist as legal entities. In a footnote, explain combinations that are not classifiable as mergers or consolidations. Cases in which corporations have become inactive and have been practically absorbed through ownership or control of their entire capital stock, through leases of long duration (under which the lessor companies do not keep up independent organizations for financial purposes), or otherwise, so that no distinction is made in operating or in accounting by reason of the original separate incorporation, should be included in a separate list and fully explained in answering this and the following page.
1. Give exact name of pipeline company making this report.


Blue Racer NGL Pipelines, LLC.
2. Give date of incorporation.


01/23/2014
3. Give reference to laws of the Government, State, or Territory under which the company is organized. If more than one, name all.


State of Delawarre Formation
4. If a consolidated or a merged company, name all constituent and all merged companies absorbed during the year.


Not Applicable
5. Give date and authority for each consolidation and for each merger effected during the year.


Not Applicable
6. If a reorganized company, give name of original corporation, refer to laws under which it was organized, and state the occasion of any reorganization effected during the year.


Not Applicable
7. State whether or not the respondent during the year conducted any part of its businesss under a name or names other than that shown in response to inquiry No. 1, above; if so, give full particulars (details).


Not Applicable






FERC FORM No.
6
(ED 12-91)
Page
101
Name of Respondent

Blue Racer NGL Pipelines, LLC
This Report Is:

(1)
☑ An Original

(2)
☐ A Resubmission
Date of Report

02/23/2023
Year/Period of Report

End of:
2022
/
Q4
Control Over Respondent
  1. Report in column (a) the names and in column (b) the state of incorporation of all corporations, partnerships, business trusts, and similar organizations that indirectly held control (see definition of control) over the respondent at end of year by means of intermediaries. Report only the names of those companies that held ultimate control over the respondent. If control is in a holding company organization, report in a footnote the chain of organization only if there are two or more intermediary companies in the chain of ownership.
  2. Report in column (c) the names and in column (d) the state of incorporation of the intermediate parent and in column (e) the names and in column (f) the state of incorporation of the direct parent. In column (g) report the percent of the respondent's voting stock owned by all corporations, partnerships, business trusts, and similar organizations that directly held control over the respondent at end of year.
  3. If control is held by trustees, state in a footnote the names of the trustees, the names of beneficiaries for whom the trust is maintained, and the purpose of the trust.
Line No.
NameOfCompanyControllingRespondent
Controlling Company or Main Parent
(a)
StateOfIncorporation
State of Incorporation
(b)
IntermediateName
Intermediate Parent
(c)
StateOfIncorporationIntermediate
Intermediate, State of Incorporation
(d)
DirectParentName
Direct Parent
(e)
StateOfIncorporationDirectParent
State of Incorporation, Direct Parent
(f)
VotingStockOfRespondentOwnedByOthersPercentage
Percent Voting Stock Owned
(g)
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32

FERC FORM No.
6
(REV 12-95)
Page
102
Name of Respondent

Blue Racer NGL Pipelines, LLC
This Report Is:

(1)
☑ An Original

(2)
☐ A Resubmission
Date of Report

02/23/2023
Year/Period of Report

End of:
2022
/
Q4
Companies Controlled by Respondent
  1. Report the names and state of incorporation of all corporations, partnerships, and similar organizations controlled (see page iv for definition of control) directly by respondent at end of year in.
  2. If control is held jointly with one or more other interests, state the fact in a footnote and name the other interests.
Line No.
NameOfCompanyControlledByRespondent
Name of Company Controlled
(a)
StateOfIncorporation
State of Incorporation
(b)
CompanyControlledByRespondentKindOfBusinessDescription
Kind of Business
(c)
VotingStockOwnedByRespondentPercentage
Percent Voting Stock Owned
(d)
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32

FERC FORM NO.
6
(NEW 12-95)
Page
103
Name of Respondent

Blue Racer NGL Pipelines, LLC
This Report Is:

(1)
☑ An Original

(2)
☐ A Resubmission
Date of Report


02/23/2023
Year/Period of Report


End of:
2022
/
Q4
Principal General Officers
  1. Give the title, name, and address of the principal general officers as follows: Executive, Legal, Fiscal and Accounting, Purchasing, Operating, Construction, Maintenance, Engineering, Commercial, and Traffic. If there are receivers, trustees, or committees, who are recognized as in the controlling management of the company or of some department of it, also give their names and titles, and the location of their offices. If the duties of an officer extend to more than one department, or if his duties are not in accordance with the customary acceptance of his given title, briefly state the facts in a footnote below.
Line No.
OfficerTitle
Title of General Officer
(a)
OfficerName
Name of Person Holding Office at End of Year
(b)
AddressOfPrincipalOfficeAtEndOfPeriod
Office Address
(c)
1
CEO
Stephen Arata
5949 Sherry Lane Ste 1700 Dallas, TX 75225
2
EVP & CCO
R. Austin Anderson
5949 Sherry Lane Ste 1700 Dallas, TX 75225
3
EVP & CFO
Kyle Irons
5949 Sherry Lane Ste 1700 Dallas, TX 75225
4
EVP & COO
Daniel Wentworth
5949 Sherry Lane Ste 1700 Dallas, TX 75225
5
SVP & CAO
Tony Strehlow
5949 Sherry Lane Ste 1700 Dallas, TX 75225
6
SVP & General Counsel
Christopher Juban
5949 Sherry Lane Ste 1700 Dallas, TX 75225

FERC FORM No.
6
(ED 12-91)
Page
104
Name of Respondent

Blue Racer NGL Pipelines, LLC
This Report Is:

(1)
☑ An Original

(2)
☐ A Resubmission
Date of Report


02/23/2023
Year/Period of Report


End of:
2022
/
Q4
Directors
  1. Report below the information called for concerning each director of the respondent who held office at any time during the year. Include in column (a), abbreviated titles of the directors who are officers of the respondent.
  2. Enter "True" in columns (c) and (d) to designate the Chairman of the Executive Committee and members of the Executive Committee, respectively.
Line No.
NameAndTitleOfDirector
Name and Title of Director
(a)
PrincipalBusinessAddress
Office Address (Street, city, state, zip)
(b)
ChairmanOfTheExecutiveCommittee
Chairman of the executive committee
(c)
MemberOfTheExecutiveCommittee
Member of the executive committee
(d)
1
-
-

FERC FORM No.
6
(REV 12-95)
Page
105
Name of Respondent

Blue Racer NGL Pipelines, LLC
This Report Is:

(1)
☑ An Original

(2)
☐ A Resubmission
Date of Report

02/23/2023
Year/Period of Report

End of:
2022
/
Q4
Important Changes During the Quarter/Year

Give particulars (details) concerning the matters indicated below. Make the statements explicit and precise, and number these in accordance with the inquiries. Each inquiry should be answered. Enter “none”; or “not applicable”; where applicable. If information which answers an inquiry is given elsewhere in the report, make a reference to the schedule in which it appears.

  1. Changes and important additions to franchise rights: Describe the actual consideration given therefor and state from whom the franchise rights were acquired. State if no consideration was given.
  2. Acquisition of ownership in other carrier operations by reorganization, merger, or consolidation with other companies: Give names of companies involved, particulars concerning the transactions, and reference to dates of Commission authorization and journal entries filed if applicable.
  3. Important extension or reduction of carrier pipeline operations: State territory added or relinquished and date operations began or ceased and give reference to Commission authorization, if any was required.
  4. State briefly the status of any materially important legal proceedings pending at the end of the year, and the results of any such proceedings culminated during the year.
  5. If the important changes during the year relating to the respondent appearing in the annual report to the stockholders are applicable and furnish the data required by the above instructions, such notes may be included herein.
1)NONE 2)NONE 3)SEE NOTES OF FINANCIAL STATEMENTS PAGE 123 4)NONE 5)NONE

FERC FORM NO.
6
(REV 12-95)
Page
108
Name of Respondent

Blue Racer NGL Pipelines, LLC
This Report Is:

(1)
☑ An Original

(2)
☐ A Resubmission
Date of Report

02/23/2023
Year/Period of Report

End of:
2022
/
Q4
Comparative Balance Sheet Statement
  1. For instructions covering this schedule, see the text and instructions pertaining to Balance Sheet Accounts in the USofA. The entries in this balance sheet should be consistent with those in the supporting schedules on the pages indicated.
  2. On line 30, include depreciation applicable to investment in system property.
Line No.
Item
(a)
Reference Page No. for Annual
(b)
Current Year End of Quarter/Year Balance (in dollars)
(c)
Prior Year End Balance 12/31 (in dollars)
(d)
CurrentAssetsAbstract
CURRENT ASSETS
1
Cash
Cash (10)
2
SpecialDeposits
Special Deposits (10-5)
3
TemporaryInvestments
Temporary Investments (11)
4
NotesReceivable
Notes Receivable (12)
5
ReceivablesFromAffiliatedCompanies
Receivables from Affiliated Companies (13)
200
1,559,321
801,520
6
AccountsReceivable
Accounts Receivable (14)
316,471
237,183
7
AccumulatedProvisionForUncollectibleAccounts
Accumulated Provision For Uncollectible Accounts (14-5)
8
InterestAndDividendsReceivable
Interest and Dividends Receivable (15)
9
OilInventory
Oil Inventory (16)
10
MaterialAndSupplies
Material and Supplies (17)
11
Prepayments
Prepayment (18)
606,542
563,937
12
OtherCurrentAssets
Other Current Assets (19)
13
DeferredIncomeTaxAssets
Deferred Income Tax Assets (19-5)
230
14
CurrentAssets
TOTAL Current Assets (Total of lines 1 thru 13)
2,482,334
1,602,640
InvestmentsAndSpecialFundsAbstract
INVESTMENTS AND SPECIAL FUNDS
InvestmentsInAffiliatedCompaniesAbstract
Investments in Affiliated Companies (20):
15
InvestmentsInAffiliatedCompaniesStocks
Stocks
202
16
InvestmentInAffiliatedCompaniesBonds
Bonds
202
17
InvestmentsInAffiliatedCompaniesOtherSecuredObligations
Other Secured Obligations
202
18
InvestmentsInAffiliatedCompaniesUnsecuredNotes
Unsecured Notes
202
19
InvestmentsInAffiliatedCompaniesInvestmentAdvances
Investment Advances
202
20
InvestmentsInAffiliatedCompaniesUndistributedEarningsFromCertainInvestments
Undistributed Earnings from Certain Invest. in Acct. 20
204
OtherInvestmentsAbstract
Other Investments (21):
21
OtherInvestmentsStocks
Stocks
22
OtherInvestmentsBonds
Bonds
23
OtherInvestmentsOtherSecuredObligations
Other Secured Obligations
24
OtherInvestmentsUnsecuredNotes
Unsecured Notes
25
OtherInvestmentsInvestmentAdvances
Investment Advances
26
SinkingAndOtherFunds
Sinking and other funds (22)
27
InvestmentsAndSpecialFunds
TOTAL Investment and Special Funds (Total lines 15 thru 26)
TangiblePropertyAbstract
TANGIBLE PROPERTY
28
CarrierProperty
Carrier Property (30)
213 & 215
319,197,397
262,306,232
29
AccruedDepreciationCarrierProperty
(Less) Accrued Depreciation-Carrier Property (31)
216 & 217
69,765,193
48,422,043
30
AccruedAmortizationCarrierProperty
(Less) Accrued Amortization-Carrier Property (32)
31
CarrierPropertyNet
Net Carrier Property (Line 28 less 29 and 30)
249,432,204
213,884,189
32
OperatingOilSupply
Operating Oil Supply (33)
33
NoncarrierProperty
Noncarrier Property (34)
220
34
AccruedDepreciationNoncarrierProperty
(Less) Accrued Depreciation-Noncarrier Property (35)
35
NoncarrierPropertyNet
Net Noncarrier Property (Line 33 less 34)
36
TangibleProperty
TOTAL Tangible Property (Total of lines 31, 32, and 35)
249,432,204
213,884,189
OtherAssetsAndDeferredChargesAbstract
OTHER ASSETS AND DEFERRED CHARGES
37
OrganizationCostsAndOtherIntangibles
Organization Costs and Other Intangibles (40)
38
AccruedAmortizationOfIntangibles
(Less) Accrued Amortization of Intangibles (41)
40
MiscellaneousOtherAssets
Miscellaneous Other Assets (43)
41
OtherDeferredCharges
Other Deferred Charges (44)
221
42
AccumulatedDeferredIncomeTaxAssets
Accumulated Deferred Income Tax Assets (45)
230
43
DerivativeInstrumentAssets
Derivative Instrument Assets (46)
44
DerivativeInstrumentAssetsHedges
Derivative Instrument Assets - Hedges (47)
45
OtherAssetsAndDeferredCharges
TOTAL Other Assets and Deferred Charges (37 thru 44)
46
Assets
TOTAL Assets (Total of lines 14, 27, 36 and 45)
251,914,538
215,486,829
CurrentLiabilitiesAbstract
CURRENT LIABILITIES
47
NotesPayable
Notes Payable (50)
48
PayablesToAffiliatedCompanies
Payables to Affiliated Companies (51)
225
23,893,996
13,144,498
49
AccountsPayable
Accounts Payable (52)
50
SalariesAndWagesPayable
Salaries and Wages Payable (53)
51
InterestPayable
Interest Payable (54)
52
DividendsPayable
Dividends Payable (55)
53
TaxesPayable
Taxes Payable (56)
54
LongTermDebtPayableWithinOneYear
Long-Term Debt - Payable Within One Year (57)
226
55
OtherCurrentLiabilities
Other Current Liabilities (58)
56
DeferredIncomeTaxLiabilities
Deferred Income Tax Liabilities (59)
230
57
CurrentLiabilities
TOTAL Current Liabilities (Total of lines 47 thru 56)
23,893,996
13,144,498
NoncurrentLiabilitiesAbstract
NONCURRENT LIABILITIES
58
LongTermDebtPayableAfterOneYear
Long-Term Debt - Payable After One Year (60)
226
59
UnamortizedPremiumOnLongTermDebt
Unamortized Premium on Long-Term Debt (61)
60
UnamortizedDiscountOnLongTermDebtDebit
(Less) Unamortized Discount and Interest on Long-Term Debt (62)
61
OtherNoncurrentLiabilities
Other Noncurrent Liabilities (63)
62
AccumulatedDeferredIncomeTaxLiabilities
Accumulated Deferred Income Tax Liabilities (64)
230
63
DerivativeInstrumentLiabilities
Derivative Instrument Liabilities (65)
64
DerivativeInstrumentLiabilitiesHedges
Derivative Instrument Liabilities - Hedges (66)
65
AssetRetirementObligations
Asset Retirement Obligations (67)
66
NoncurrentLiabilities
TOTAL Noncurrent Liabilities (Total of lines 58 thru 65)
67
Liabilities
TOTAL Liabilities (Total of lines 57 and 66)
23,893,996
13,144,498
StockholdersEquityAbstract
STOCKHOLDERS' EQUITY
68
CapitalStock
Capital Stock (70)
251
69
PremiumsOnCapitalStock
Premiums on Capital Stock (71)
70
CapitalStockSubscriptions
Capital Stock Subscriptions (72)
71
AdditionalPaidInCapital
Additional Paid-In Capital (73)
254
262,561,426
220,250,583
72
AppropriatedRetainedIncome
Appropriated Retained Income (74)
118
73
UnappropriatedRetainedIncomeAndEquityInUndistributedEarningsLossesOfAffiliatedCompany
Unappropriated Retained Income (75)
119
13,247,108
8,380,744
74
TreasuryStock
(Less) Treasury Stock (76)
75
AccumulatedOtherComprehensiveIncome
Accumulated Other Comprehensive Income (77)
116
76
StockholdersEquity
TOTAL Stockholders' Equity (Total of lines 68 thru 75)
275,808,534
228,631,327
77
LiabilitiesAndStockholdersEquity
TOTAL Liabilities and Stockholders' Equity (Total of lines 67 and 76)
251,914,538
215,486,829

FERC FORM NO.
6
(REV 12-03)
Page
110
Name of Respondent

Blue Racer NGL Pipelines, LLC
This Report Is:

(1)
☑ An Original

(2)
☐ A Resubmission
Date of Report


02/23/2023
Year/Period of Report


End of:
2022
/
Q4
Income Statement
  1. Enter in column (c) the year to date operations for the period, and enter in column (d) the year to date operations for the same period of the prior year.
  2. Enter in column (e) the operations for the reporting quarter and enter in column (f) the operations for the same three month period for the prior year. Do not report annual data in columns (e) and (f).
Line No.
Item
(a)
Reference Page No. in Annual Report
(b)
Total current year to date Balance for Quarter/Year
(c)
Total prior year to date Balance for Quarter/Year
(d)
Current 3 months ended Quarterly only no 4th Quarter
(e)
Prior 3 months ended Quarterly only no 4th Quarter
(f)
OrdinaryItemsCarrierOperatingIncomeAbstract
ORDINARY ITEMS - Carrier Operating Income
1
OperatingRevenues
Operating Revenues (600)
301
25,753,684
22,762,832
2
OperatingExpenses
(Less) Operating Expenses (610)
302
20,887,320
19,179,792
3
NetCarrierOperatingIncome
Net Carrier Operating Income
4,866,364
3,583,040
OtherIncomeAndDeductionsAbstract
Other Income and Deductions
4
IncomeNetFromNoncarrierProperty
Income (Net) from Noncarrier Property (620)
335
5
InterestAndDividendIncome
Interest and Dividend Income (From Investment under Cost Only) (630)
336
6
MiscellaneousIncome
Miscellaneous Income (640)
337
7
UnusualOrInfrequentItemsCredit
Unusual or Infrequent Items--Credits (645)
8
InterestExpense
(Less) Interest Expense (650)
9
MiscellaneousIncomeCharges
(Less) Miscellaneous Income Charges (660)
337
10
UnusualOrInfrequentItemsDebit
(Less) Unusual or Infrequent Items--Debit (665)
11
DividendIncomeEquityInvestments
Dividend Income (From Investments under Equity Only)
12
UndistributedEarningsLosses
Undistributed Earnings (Losses)
205
13
EquityInEarningsLossesOfAffiliatedCompaniesIncludingDividendIncome
Equity in Earnings (Losses) of Affiliated Companies (Total Lines 11 and 12)
14
OtherIncomeAndDeductions
TOTAL Other Income and Deductions (Total Lines 4 thru 10 and 13)
15
OrdinaryIncomeBeforeFederalIncomeTaxes
Ordinary Income before Federal Income Taxes (Line 3 +/- 14)
4,866,364
3,583,040
16
FederalIncomeTaxesOnIncomeFromContinuingOperations
(Less) Income Taxes on Income from Continuing Operations (670)
17
ProvisionForDeferredTaxes
(Less) Provision for Deferred Taxes (671)
230
18
IncomeLossFromContinuingOperations
Income (Loss) from Continuing Operations (Total Lines 15 thru 17)
4,866,364
3,583,040
DiscontinuedOperationsAbstract
Discontinued Operations
19
IncomeLossFromOperationsOfDiscontinuedSegmentsLessApplicableIncomeTaxes
Income (Loss) from Operations of Discontinued Segments (675)*
20
GainLossFromDispositionOfDiscontinuedSegmentsLessApplicableIncomeTaxes
Gain (Loss) on Disposal of Discontinued Segments (676)*
21
IncomeLossFromDiscontinuedOperations
TOTAL Income (Loss) from Discontinued Operations (Lines 19 and 20)
22
IncomeLossBeforeExtraordinaryItems
Income (Loss) before Extraordinary Items (Total Lines 18 and 21)
4,866,364
3,583,040
ExtraordinaryItemsAndAccountingChangesAbstract
EXTRAORDINARY ITEMS AND ACCOUNT CHANGES
23
ExtraordinaryItemsNet
Extraordinary Items -- Net -- (Debit) Credit (680)
337
24
IncomeTaxesOnExtraordinaryItems
Income Taxes on Extraordinary Items -- Debit (Credit) (695)
337
25
ProvisionForDeferredTaxesExtraordinaryItems
Provision for Deferred Taxes -- Extraordinary Items (696)
230
26
ExtraordinaryItems
TOTAL Extraordinary Items (Total Lines 23 thru 25)
27
CumulativeEffectOfChangesInAccountingPrinciplesLessApplicableIncomeTaxes
Cumulative Effect of Changes in Accounting Principles (697)*
28
ExtraordinaryItemsAndAccountingChanges
TOTAL Extraordinary Items and Accounting Changes -- (Debit) Credit (Line 26 + 27)
29
NetIncomeLoss
Net Income (Loss) (Total Lines 22 and 28)
4,866,364
3,583,040
* Less applicable income taxes as reported on page 122

FERC FORM No.
6
(REV 12-03)
Page
114
Name of Respondent

Blue Racer NGL Pipelines, LLC
This Report Is:

(1)
☑ An Original

(2)
☐ A Resubmission
Date of Report


02/23/2023
Year/Period of Report


End of:
2022
/
Q4
Statement of Accumulated Other Comprehensive Income and Hedging Activities
  1. Report in columns (b), (c), (d), and (e) the amounts of accumulated other comprehensive income items, on a net-of-tax basis, where appropriate.
  2. Report in columns (f) and (g) the amounts of other categories of other cash flow hedges.
  3. For each category of hedges that have been accounted for as "fair value hedges", report the accounts affected and the related amounts in a footnote.
Line No.
Item
(a)
Unrealized Gains and Losses on available-for-sale securities
(b)
Minimum Pension liabililty Adjustment (net amount)
(c)
Foreign Currency Hedges
(d)
Other Adjustments
(e)
Other Cash Flow Hedges Interest Rate Swaps
(f)
Other Cash Flow Hedges [Insert Footnote at Line 1 to specify]
(g)
Totals for each category of items recorded in Account 77
(h)
Net Income (Carried Forward from Page 114, Line 29)
(i)
Total Comprehensive Income
(j)
1
Balance of Account 77 at Beginning of Preceding Year
2
Preceding Quarter/Year to Date Reclassifications from Account 77 to Net Income
3
Preceding Quarter/Year to Date Changes in Fair Value
4
Total (lines 2 and 3)
3,583,040
5
Balance of Account 77 at End of Preceding Quarter/Year
6
Balance of Account 77 at Beginning of Current Year
7
Current Quarter/Year to Date Reclassifications from Account 77 to Net Income
8
Current Quarter/Year to Date Changes in Fair Value
9
Total (lines 7 and 8)
4,866,364
10
Balance of Account 77 at End of Current Quarter/Year

FERC FORM NO.
6
(NEW 12-02)
Page
116
Name of Respondent

Blue Racer NGL Pipelines, LLC
This Report Is:

(1)
☑ An Original

(2)
☐ A Resubmission
Date of Report

02/23/2023
Year/Period of Report

End of:
2022
/
Q4
Appropriated Retained Income

Give an analysis of the amount in Account No. 74, Appropriated Retained Income, at the end of the year.
Line No.
Class of Appropriation
(a)
Balance at End of Current Year (in dollars)
(b)
Balance at End of Previous Year (in dollars)
(c)
1
Additions to Property Through Retained Income
2
Debt Retained Through Retained Income
3
Sinking Funds
4
Other Funds
5
Appropriated Retained Income Not Specifically Invested
6
Other Appropriations (Specify)
7
8
9
10
11
12
13
14
15
16
17
18
19
20 Total

FERC FORM NO.
6
(REV 12-95)
Page
118
Name of Respondent

Blue Racer NGL Pipelines, LLC
This Report Is:

(1)
☑ An Original

(2)
☐ A Resubmission
Date of Report

02/23/2023
Year/Period of Report

End of:
2022
/
Q4
Unappropriated Retained Income Statement
  1. Report items of the Retained Income Accounts of the respondents for the period, classified in accordance with the USofA.
  2. Report on lines 15 and 16 the amount of assigned Federal income tax consequences, Account Nos. 710 and 720.
  3. Report on lines 17 through 20 all amounts applicable to the equity in undistributed earnings (losses) of affiliated companies based on the equity method of accounting.
  4. Line 18 should agree with Line 12, Schedule 114. The total of lines 2, 6, and 18 should agree with line 29, Schedule 114.
  5. Include on lines 1 through 12 only amounts applicable to Retained Income exclusive of any amounts included on lines 17 through 20.
Line No.
Item
(a)
Reference page no. for Year
(b)
Current Quarter/Year (in dollars)
(c)
Previous Quarter/Year (in dollars)
(d)
UnappropriatedRetainedEarningsAbstract
UNAPPROPRIATED RETAINED INCOME
1
UnappropriatedRetainedIncome
Balances at Beginning of Year
8,380,744
4,797,704
AdditionsToUnappropriatedRetainedIncomeAbstract
CREDITS
2
UnappropriatedRetainedIncomeCreditTransferredFromIncome
Net Balance Transferred from Income (700)
114
4,866,364
3,583,040
3
PriorPeriodAdjustmentsToBeginningRetainedIncomeAccount
Prior Period Adjustments to Beginning Retained Income (705)
4
OtherCreditsToRetainedIncome
Other Credits to Retained Income (710)*
337
5
AdditionsToUnappropriatedRetainedIncome
TOTAL (Lines 2 thru 4)
4,866,364
3,583,040
DeductionsFromUnappropriatedRetainedIncomeAbstract
DEBITS
6
UnappropriatedRetainedIncomeDebitTransferredFromIncome
Net Balance Transferred from Income (700)
114
7
OtherDebitsToRetainedIncome
Other Debits to Retained Income (720)*
337
8
AppropriationsOfRetainedIncome
Appropriations of Retained Income (740)
118
9
DividendAppropriationsOfRetainedIncome
Dividend Appropriations of Retained Income (750)
121
10
DeductionsFromUnappropriatedRetainedIncome
TOTAL (lines 6 thru 9)
11
NetIncreaseDecreaseInUnappropriatedRetainedIncome
Net Increase (Decrease) During Year (Line 5 minus line 10)
4,866,364
3,583,040
12
UnappropriatedRetainedIncome
Balances at End of Year (Lines 1 and 11)
8,380,744
13
EquityInEarningsLossesOfAffiliatedCompanies
Balance from Line 20
204
14
UnappropriatedRetainedIncomeAndEquityInUndistributedEarningsLossesOfAffiliatedCompany
TOTAL Unapprop. Retained Inc. and Equity in Undistr. Earnings. (Losses) of Affil. Comp. at End of Year (Lines 12 & 13)
13,247,108
8,380,744
AssignedFederalIncomeTaxConsequencesAbstract
*Amount of Assigned Federal Income Tax Consequences
15
AssignedFederalIncomeTaxConsequencesOtherCreditsToRetainedIncome
Account No. 710
16
AssignedFederalIncomeTaxConsequencesOtherDebitsToRetainedIncome
Account No. 720
EquityInUndistributedEarningsLossesOfAffiliatedCompaniesAbstract
EQUITY IN UNDISTRIBUTED EARNINGS (LOSSES) OF AFFILIATED COMPANIES
17
EquityInEarningsLossesOfAffiliatedCompanies
Balances at Beginning of Year
204
18
UndistributedEarningsLosses
Net Balance transferred from Income (700)
114
19
OtherCreditsDebitsToEquityInUndistributedEarningsLossesOfAffiliatedCompanies
Other Credits (Debits)
20
EquityInEarningsLossesOfAffiliatedCompanies
Balances at End of Reporting Period/Year
204

FERC FORM NO.
6
(REV 12-95)
Page
119
Name of Respondent

Blue Racer NGL Pipelines, LLC
This Report Is:

(1)
☑ An Original

(2)
☐ A Resubmission
Date of Report

02/23/2023
Year/Period of Report


End of:
2022
/
Q4
Statement of Cash Flows
  1. Codes to be used: (a) Net Proceeds or Payments; (b) Bonds, debentures, and other long-term debt; (c) Include commercial paper; and (d) Identify separately such items as investments, fixed assets, intangibles, etc.
  2. Information about noncash investing and financing activities must be provided on Page 122, Notes to Financial Statements. Also provide a reconciliation between "Cash and Cash Equivalents at End of Period" with related amounts on the Balance Sheet.
  3. Operating Activities - Other: Include gains and losses pertaining to operating activities only. Gains and losses pertaining to investing and financing activities should be reported in those activities. Show on Page 122, Notes to Financial Statements, the amounts of interest paid (net of amount capitalized) and income taxes paid.
  4. Investing Activities: Include at Other net cash outflow to acquire other companies. Provide a reconciliation of assets acquired with liabilities assumed on Page 122, Notes to Financial Statements. Do not include on this statement the dollar amount of leases capitalized; instead provide a reconciliation of the dollar amount of leases capitalized with the plant cost.
  5. Under "Other" specify significant amounts and group others.
  6. Enter on Page 122, Notes to Financial Statements, clarifications and explanations.
Line No.
Description (See Instructions No. 5 for Explanation of Codes)
(a)
Current Quarter/Year Amount
(b)
Previous Quarter/Year Amount
(c)
1
NetCashFlowFromOperatingActivitiesAbstract
Cash Flow from Operating Activities:
2
NetIncomeLoss
Net Income
4,866,364
3,583,040
3
NoncashChargesCreditsToIncomeAbstract
Noncash Charges (Credits) to Income:
4
DepreciationAndDepletion
Depreciation
9,563,917
7,434,025
5
Amortization
Amortization
6
NoncashAdjustmentsToCashFlowsFromOperatingActivities
Other Non Cash Adjustments
8
DeferredIncomeTaxesNet
Deferred Income Taxes
10
NetIncreaseDecreaseInReceivablesOperatingActivities
Net (Increase) Decrease in Receivables
879,694
657,479
11
NetIncreaseDecreaseInInventoryOperatingActivities
Net (Increase) Decrease in Inventory
12
NetIncreaseDecreaseInPayablesAndAccruedExpensesOperatingActivities
Net Increase (Decrease) in Payables and Accrued Expenses
10,749,501
8,658,904
14
OtherAdjustmentsToCashFlowsFromOperatingActivities
Other
22
NetCashProvidedByUsedInOperatingActivities
Net Cash Provided by (Used in) Operating Activities (Total of lines 2 thru 20)
2,801,086
3,015,640
24
CashFlowsFromInvestmentActivitiesAbstract
Cash Flows from Investment Activities:
25
ConstructionAndAcquisitionOfPlantIncludingLandAbstract
Construction and Acquisition of Plant (including land):
26
GrossAdditionsToCarrierPropertyInvestmentActivities
Gross Additions to Carrier Property:
2,801,088
3,015,639
27
GrossAdditionsToNoncarrierPropertyInvestmentActivities
Gross Additions to Noncarrier Property
28
OtherConstructionAndAcquisitionOfPlantInvestmentActivities
Other
34
CashOutflowsForPlant
Cash Outflows for Plant (Total of lines 26 thru 33)
2,801,088
3,015,639
36
AcquisitionOfOtherNoncurrentAssets
Acquisition of Other Noncurrent Assets (d)
37
ProceedsFromDisposalOfNoncurrentAssets
Proceeds from Disposal of Noncurrent Assets (d)
39
InvestmentsInAndAdvancesToAssociatedAndSubsidiaryCompanies
Investments in and Advances to Assoc. and Subsidiary Companies
40
ContributionsAndAdvancesFromAssociatedAndSubsidiaryCompanies
Contributions and Advances from Assoc. and Subsidiary Companies
42
DispositionOfInvestmentsInAndAdvancesToAssociatedAndSubsidiaryCompanies
Disposition of Investments in (and Advances to) Associated and Subsidiary Companies
44
PurchaseOfInvestmentSecurities
Purchase of Investment Securities (a)
45
ProceedsFromSalesOfInvestmentSecurities
Proceeds from Sales of Investment Securities (a)
46
LoansMadeOrPurchased
Loans Made or Purchased
47
CollectionsOnLoans
Collections on Loans
49
NetIncreaseDecreaseInReceivablesInvestingActivities
Net (Increase) Decrease in Receivables
50
NetIncreaseDecreaseInInventoryInvestingActivities
Net (Increase) Decrease in Inventory
51
NetIncreaseDecreaseInPayablesAndAccruedExpensesInvestingActivities
Net Increase (Decrease) in Payables and Accrued Expenses
52
OtherAdjustmentsToCashFlowsFromInvestmentActivities
Other
57
CashFlowsProvidedFromUsedInInvestmentActivities
Net Cash Provided by (Used in) Investing Activities (Total of Lines 34 thru 55)
2,801,088
3,015,639
59
CashFlowsFromFinancingActivitiesAbstract
Cash Flows from Financing Activities:
60
ProceedsFromIssuanceAbstract
Proceeds from Issuance of:
61
ProceedsFromIssuanceOfLongTermDebtFinancingActivities
Long-Term Debt (b)
62
ProceedsFromIssuanceOfCapitalStock
Capital Stock
63
OtherAdjustmentsByOutsideSourcesToCashFlowsFromFinancingActivities
Other
66
NetIncreaseInShortTermDebt
Net Increase in Short-Term Debt (c)
67
OtherAdjustmentByShortTermDebtToCashFlowsFromFinancingActivities
Other
70
CashProvidedByOutsideSources
Cash Provided by Outside Sources (Total of lines 61 thru 69)
72
PaymentsForRetirementAbstract
Payment for Retirement of:
73
PaymentsForRetirementOfLongTermDebtFinancingActivities
Long-term Debt (b)
74
PaymentForRetirementOfCapitalStock
Capital Stock
75
OtherRetirementsOfBalancesImpactingCashFlowsFromFinancingActivities
Other
78
NetDecreaseInShortTermDebt
Net Decrease in Short-Term Debt (c)
80
DividendsOnCapitalStock
Dividends on Capital Stock
81
OtherAdjustmentsToCashFlowsFromFinancingActivities
Other
83
CashFlowsProvidedFromUsedInFinancingActivities
Net Cash Provided by (Used in) Financing Activities (Total of lines 70 thru 81)
85
NetIncreaseDecreaseInCashAndCashEquivalentsAbstract
Net Increase (Decrease) in Cash and Cash Equivalents
86
NetIncreaseDecreaseInCashAndCashEquivalents
Net Increase (Decrease) in Cash and Cash Equivalents (Total of Lines 22, 57, and 83)
2
1
88
CashAndCashEquivalents
Cash and Cash Equivalents at Beginning of Year
90
CashAndCashEquivalents
Cash and Cash Equivalents at End of Year

FERC FORM No.
6
(REV 02-04)
Page
120
Name of Respondent

Blue Racer NGL Pipelines, LLC
This Report Is:

(1)
☑ An Original

(2)
☐ A Resubmission
Date of Report

02/23/2023
Year/Period of Report

End of:
2022
/
Q4
Notes to Financial Statements

Quarterly Notes

  1. Respondent must provide in the notes sufficient disclosures so as to make the interim information not misleading. Disclosures which would substantially duplicate the disclosures contained in the most recent FERC Annual Report may be omitted.
  2. Disclosures shall be provided where events subsequent to the end of the most recent year have occurred which have a material effect on the respondent. Respondent must include in the notes significant changes since the most recently completed year such items as: accounting principles and practices; estimates inherent in the preparation of the financial statements; status of long-term contracts; capitalization including significant new borrowings or modifications of existing financing agreements; and changes resulting from business combinations or dispositions. However where material contingencies exist, the disclosure of such matters shall be provided even though a significant change since year end may not have occurred.
  3. Finally, if the notes to the financial statements relating to the respondent appearing in the annual report to the stockholders are applicable and furnish the data required by the above instructions, such notes may be included herein.

Annual Notes

  1. Use the space below for important notes regarding the Balance Sheet, Statement of Income for the year, Statement of Retained Earnings for the year, and Statement of Cash Flows, or any account therefor. Classify the notes according to each basic statement, providing a subheading for each statement, except where a note is applicable to more than one statement.
  2. Furnish details as to any significant commitments or contingent assets or liabilities existing at end of year, including a brief explanation of any action initiated by the Internal Revenue Service involving possible assessments of additional income taxes of a material amount, or of a claim for refund of income taxes of a material amount initiated by the respondent. State whether such commitments or contingencies will have a material adverse effect upon the financial position or results of operations of the respondent.
  3. Furnish details on the accounting for the respondent's pensions and postretirement benefits and explain any changes in the method of accounting for them. Include in the details a concise breakdown of the effects of the various components on income for the year, funding for the plans and accumulated obligations at year end.
  4. Provide an explanation of any significant changes in operations during the year. Give the financial statement effects of acquiring oil pipelines by purchase or merger or by participating in joint ventures or similar activities.
  5. Furnish details on the respondent's accounting for income taxes and provide an explanation of any changes in the methods of accounting for income taxes and give the financial statement effects resulting from these changes.
  6. Provide an explanation of any significant rate or other regulatory matters involving the respondent during the year and give the effects, if any, on the respondent's financial statements.
The Company Blue Racer NGL Pipelines, LLC (BRNP) is a Delaware limited liability company and is wholly owned subsidiary of Blue Racer Midstream, LLC (BRM is a Delaware limited liability company). BRNP was formed in January 2014. Basis of Accounting The accounting policies followed in preparation of the financial statements conform to those required by FERC. Financial statements are prepared on the accrual basis of accounting. Property, plant and equipment (PPE) are recorded at cost less accumulated depreciation. PPE not yet placed in service is not depreciated until placed into service. Depreciation is computed on a straight-line method at rates based on a 35-year expected economic life of the assets. Description of the Property BRNP owns and operates a 58-mile NGL pipeline system know a "G150" for the transportation of Propane and Butane. The NGL Trunk pipeline system provides interstate common carrier transportation services from the tailgate (receipt point) of the Blue Racer Midstream Natrium Gas Processing and Fractionation Plant (Marshall County, WV) to a delivery point at the interconnect of the TEPPCO pipeline at Follansbee, WV (Brooke County, WV). BRNP was placed into service on June 6, 2014. Prior to March 2016, the existing transportation pipeline was transporting Ethane. Effective January 15, 2016, BRM contributed an additional 15-mile NGL Trunk pipeline system known as "G151" for the transportation of Ethane. The G151 pipeline provides interstate common carrier transportation services from the tailgate (receipt point) of the BRM Natrium Gas Processing and Fractionation Plant to a delivery point at the interconnect of the Williams Ohio Valley Pipeline at Oak Grove (Marshall County, WV). Effective January 15, 2019, BRM contributed the Conley pipeline facility on BRNP's G150 pipeline system at the interconnect of the Mariner East 2 pipeline of Sunoco Logistics Partners (ME2) in Conley, WV. The Conley facility allows the delivery of both Propane and Butane to ME2. Effective February 1, 2022, BRM contributed a 28-mile pipeline that transports Y-Grade from the Berne Processing Facility in Monroe County, OH to the Natrium Fractionation Facility in Marshall County, WV. This line allows for y-grade to be fractionated into purity products and transported to market via G-151, G-150, rail, truck or barge. Revenue Recognition BRNP's revenue is derived from the transportation of Ethane, Propane and Butane based on tariff rates regulated by the FERC. The tariffs specify the rates to be paid by the shippers for service between the receipt and delivery locations and under the general terms and conditions of the transportation services on the pipeline systems. Income Taxes BRNP is a limited liability company and passes the federal income tax liability through the company to the unitholders. Employees BRNP has no employees. All of the operations are performed by BRM personnel. Management and administration functions are performed by the employees of Blue Racer Midstream Holdings, LLC on behalf of BRNP. The cost is reflected in the Operating and the General and Administration Expense sections of the Statement of Income.

FERC FORM NO.
6
(REV 12-95)
Page
122
Name of Respondent

Blue Racer NGL Pipelines, LLC
This Report Is:

(1)
☑ An Original

(2)
☐ A Resubmission
Date of Report


02/23/2023
Year/Period of Report


End of:
2022
/
Q4
Receivables from Affiliated Companies
  1. Give particulars (details) of the various affiliated company debtors and the character of the transactions involved in the current asset Account No. 13, Receivables from Affiliated Companies.
  2. In column (a), list every item amounting to $500,000 or more. For debtors whose balances were less than $500,000, a single entry may be made under a caption "Minor accounts, less than $500,000."
Line No.
NameOrClassOfDebtors
Name of Debtor
(a)
DescriptionOfAssetsOrOfTransaction
Description of Assets or of Transaction
(b)
ReceivablesFromAffiliatedCompanies
Balance at End of Year (in dollars)
(c)
1
Blue Racer Midstream, LLC
Transportation Services Intercompany
1,559,321
49
Total
1,559,321

FERC FORM No.
6
(REV 12-00)
Page
200
Name of Respondent

Blue Racer NGL Pipelines, LLC
This Report Is:

(1)
☑ An Original

(2)
☐ A Resubmission
Date of Report

02/23/2023
Year/Period of Report

End of:
2022
/
Q4
Investments in Affiliated Companies
  1. Give particulars (details) of investments included in Account Nos. 20, Investments in Affiliated Companies, and 22, Sinking and Other Funds.
  2. Refer to the General Instructions below. Be sure to follow the classification of Investments. Give totals for each class and for each subclass, and a grand total for each account.
  3. Indicate in footnotes the obligation in support of which any security is pledged, mortgaged, or otherwise encumbered, giving names and other important particulars (details) of such obligations.
  4. Enter in column (c) date of maturity of bonds and other evidences of indebtedness. In case obligations of the same designation mature serially, the date in column (c) may be reported as "Serially 19 to 19." In making entries in this column, abbreviations in common use in standard financial publications may be used where necessary due to limited space .
  5. If any of the companies included in this schedule are controlled by respondent, give the percent of control in column (d). In case any company listed is controlled other than through actual ownership of securities, give particulars (details) in a footnote. In cases of joint control, give in a footnote names of other parties and particulars (details) of control.
  6. If any advances are pledged, give particulars (details) in a footnote.
  7. Give particulars (details) of investments made, disposed of, or written down during the year in columns (f), (g), and (h). If the cost of any investment made during the year differs from the book value reported in column (f), explain the matter in a footnote. "Cost" means the consideration given minus accrued interest or dividends included therein. If the consideration given or received for such investments was other than cash, describe the transaction in a footnote.
  8. Do not include in this schedule securities issued or assumed by respondent.

GENERAL INSTRUCTIONS CONCERNING SCHEDULES 202 THRU 204

  1. In Schedules 202 thru 204, give particulars (details) of stocks, bonds, notes, advances, and miscellaneous securities of affiliated and nonaffiliated companies held by respondent at end of year specifically as investments; investments made or disposed of during the year; and dividends and interest credited to income. Exclude securities issued or assumed by respondent.
  2. Classify the investments in the following order by accounts. Show a total for each group.
    1. Stocks
    2. Bonds (Including U.S. Government Bonds)
    3. Other Secured Obligations
    4. Unsecured Notes
    5. Investment Advances
INVST. DISP. WRITTEN DIVIDENDS OR INTEREST
Line No.
AccountNumberInvestmentClassification
Account No.
(a)
InvestmentClassificationCode
Class No. (From 201)
(b)
NameOfIssuingCompanyAndDescriptionOfSecurityHeld
Name of Issuing Company and Description of Security Held, Also Lien Reference, If Any
(c)
PercentageOfControlInAffiliatedCompany
Extent of Control (In percent)
(d)
Total Book Value of Investments At End of Year (in dollars)
(e)
Book Value of Investments Made During Year (in dollars)
(f)
Book Value
(g)
Selling Price
(h)
Rate (in percent)
(i)
Amount Credited to Income (in dollars)
(j)
Stocks
1
2
3
4
Subtotal
Bonds
5
6
7
8
Subtotal
Other Secured Obligations
9
10
11
12
Subtotal
Unsecured Notes
13
14
15
16
Subtotal
Investment Advances
17
18
19
20
Subtotal
Account 20: Investments in Affiliated Companies (Total)
Sinking and Other Funds
21
22
23
Account 22: Sinking and Other Funds (Total)

FERC FORM No.
6
(ED 12-91)
Page
202
Name of Respondent

Blue Racer NGL Pipelines, LLC
This Report Is:

(1)
☑ An Original

(2)
☐ A Resubmission
Date of Report

02/23/2023
Year/Period of Report

End of:
2022
/
Q4
Invest in Com Stocks of Affiliated Co / Co Controlled Directly by Resp other than through Title to Securities
  1. Report below the particulars (details) of all investments in common stocks included in Account No. 20, Investments in Affiliated Companies, which qualify for the equity method under instruction 2-2, Investments and Special Funds, of the USofA.
  2. Enter in column (c) the amount necessary to retroactively adjust those investments qualifying for the equity method of accounting in accordance with instruction 2-2 (c) (11) of the USofA.
  3. Enter in column (d) the share of undistributed earnings (i.e., less dividends) or losses.
  4. Enter in column (e) the amortization for the year of the excess of cost over equity in net assets (equity over cost) at date of acquisition. See instruction 2-2 (c) (4) of the USofA.
  5. The cumulative total of column (g) must agree with column (c), line 20, Schedule 110.

GENERAL INSTRUCTIONS CONCERNING SCHEDULES 202 THRU 204

  1. In Schedules 202 thru 204, give particulars (details) of stocks, bonds, notes, advances, and miscellaneous securities of affiliated and nonaffiliated companies held by respondent at end of year specifically as investments; investments made or disposed of during the year; and dividends and interest credited to income. Exclude securities issued or assumed by respondent.
  2. Classify the investments in the following order by accounts. Show a total for each group.
    1. Stocks
    2. Bonds (Including U.S. Government Bonds)
    3. Other Secured Obligations
    4. Unsecured Notes
    5. Investment Advances
Line No.
NameOfIssuingCompanyAndDescriptionOfSecurityHeld
Name of Issuing Company and Description of Security Held
(a)
InvestmentsInAffiliatedCompaniesUndistributedEarningsFromCertainInvestments
Balance at Beginning of Year (in dollars)
(b)
AdjustmentForInvestmentsQualifyingForEquityMethod
Adjustment for Investments Qualifying for Equity Method (in dollars)
(c)
EquityInUndistributedEarningsLosses
Equity in Undistributed Earnings (Losses) During Year (in dollars)
(d)
AmortizationForInvestmentInCommonStocksOfAffiliatedCompanies
Amortization During Year (in dollars)
(e)
AdjustmentForInvestmentsInCommonStocksOfAffiliatedCompaniesDisposedOfOrWrittenDown
Adjustment for Investments Disposed of or Written Down During Year (in dollars)
(f)
InvestmentsInAffiliatedCompaniesUndistributedEarningsFromCertainInvestments
Balance at End of Year (in dollars)
(g)
Carriers (List specifics for each company)
1
2
3
4
5
6
7
8
9
10
11
12
13 Carriers Total
14
Noncarriers (Show totals only for each column)
15
Total
COMPANIES CONTROLLED DIRECTLY BY RESPONDENT OTHER THAN THROUGH TITLE TO SECURITIES
Description of Control
Line No.
NameOfCompanyControlledByRespondentOtherthanThroughTitletoSecurities
Name of Company Controlled
(a)
SoleOrJointType
Sole or Joint
(b)
DescriptionOfControlOtherPartiesToJointAgreementForControl
Other Parties, if Any, to Joint Agreement for Control
(c)
DescriptionOfControlHowEstablished
How Established
(d)
DescriptionOfControlExtentOfControl
Extent of Control (In percent)
(e)
CompaniesControlledByRespondentRemarks
Remarks
(f)
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24

FERC FORM NO.
6
(ED 12-91)
Page
204
Name of Respondent

Blue Racer NGL Pipelines, LLC
This Report Is:

(1)
☑ An Original

(2)
☐ A Resubmission
Date of Report

02/23/2023
Year/Period of Report

End of:
2022
/
Q4
Carrier Property
  1. Give an analysis of changes during the year in Account No. 30, Carrier Property, by carrier property accounts, excluding investments in undivided joint interest property reported on page 214. The total carrier property reported on page 212 (column i, line 47) and the total of all undivided joint interest properties reported on page 214 (column i, sum of all lines 47) should represent all carrier property owned by the reporting entity at year end.
  2. Enter in column (c) the cost of newly constructed property, additions, and improvements made to existing property. Include amounts distributed to carrier property accounts during the year which were previously charged to Account No. 187, Construction Work in Progress. In column (d) enter expenditures for existing pipeline property purchased or otherwise acquired. Enter in column (e) property sold, abandoned, or otherwise retired during the year. This will generally be a positive number, so that the calculation in column (f) works properly.
  3. If pipeline operating property was acquired from or sold to some other company during the year, footnote the acquisition or sale if it exceeded $250,000. Include the following in the footnote: the name of the company the property was acquired from or sold to, the mileage acquired or sold, and the date of acquisition or sale. Include termini, the original cost of property acquired from an affiliate or other common carrier (see Instruction 3-1, Property acquired, Instructions for Carrier Property Accounts in the USofA), and the cost of the property to the respondent. Also give the amount debited or credited to each company account representing such property acquired or disposed of.
  4. Enter in column (g) for each account the net of all other accounting adjustments, transfers, and clearances applicable to prior years' accounting.
  5. Explain fully each adjustment, clearance, or transfer in excess of $500,000 in a footnote. Explain transfers to or from Account No. 34, Noncarrier Property, in Schedule 220.
  6. Indicate in parenthesis any entry in columns (f), (g), or (h) which represents an excess of credits over debits.
PROP CHNGS DUR YR
Line No.
Account
(a)
Balance at Beginning of Year (in dollars)
(b)
Expenditures for New Construction, Additions, and Improvements
(c)
Expenditures for Existing Property Purchased or Otherwise Acquired
(d)
Property Sold, Abandoned, or Otherwise Retired During the Year
(e)
Net (c + d - e)
(f)
Other Adjustments, Transfers, and Clearances (in dollars)
(g)
Increase or Decrease During the Year (in dollars) (f +/- g)
(h)
Balance at End of Year (in dollars) (b +/- h)
(i)
GATHERING LINES
1
Land (101)
2
Right of Way (102)
3
Line Pipe (103)
4
Line Pipe Fittings (104)
5
Pipeline Construction (105)
6
Buildings (106)
7
Boilers (107)
8
Pumping Equipment (108)
9
Machine Tools and Machinery (109)
10
Other Station Equipment (110)
11
Oil Tanks (111)
12
Delivery Facilities (112)
13
Communication Systems (113)
14
Office Furniture and Equipment (114)
15
Vehicles and Other Work Equipment (115)
16
Other Property (116)
17
Asset Retirement Costs for Gathering Lines (117)
18
TOTAL (Lines 1 thru 17)
TRUNK LINES
19
Land (151)
258,447
258,447
258,447
258,447
20
Right of Way (152)
5,155,273
575,671
575,671
131,200
706,871
5,862,144
21
Line Pipe (153)
200,616,866
53,958,877
53,958,877
254,575,743
22
Line Pipe Fittings (154)
23
Pipeline Construction (155)
56,218,739
1,858,777
1,858,777
1,858,777
58,077,516
24
Buildings (156)
25
Boilers (157)
26
Pumping Equipment (158)
27
Machine Tools and Machinery (159)
28
Other Station Equipment (160)
29
Oil Tanks (161)
30
Delivery Facilities (162)
31
Communication Systems (163)
32
Office Furniture and Equipment (164)
33
Vehicles and Other Work Equipment (165)
34
Other Property (166)
35
Asset Retirement Costs for Trunk Lines (167)
36
TOTAL (Lines 19 thru 35)
261,990,878
2,692,895
2,692,895
54,090,077
56,782,972
318,773,850
General Property
37
Land (171)
38
Buildings (176)
39
Machine Tools and Machinery (179)
40
Communication Systems (183)
41
Office Furniture and Equipment (184)
42
Vehicles and Other Work Equipment (185)
43
Other Property (186)
44
Asset Retirement Costs for General Property (186.1)
45
Construction Work in Progress (187)
315,354
108,192
108,192
108,192
423,546
46
TOTAL (Lines 37 thru 45)
315,354
108,192
108,192
108,192
423,546
47
GRAND TOTAL (Lines 18, 36, and 46)
262,306,232
2,801,087
2,801,087
54,090,077
56,891,164
319,197,396

FERC FORM NO.
6
(REV 12-03)
Page
212
Name of Respondent

Blue Racer NGL Pipelines, LLC
This Report Is:

(1)
☑ An Original

(2)
☐ A Resubmission
Date of Report

02/23/2023
Year/Period of Report

End of:
2022
/
Q4
Undivided Joint Interest Property
  1. Give an analysis of changes during the year in Account No. 30, Carrier Property, by carrier property accounts, for investments in undivided joint interest property. The respondent will only report its portion of the carrier property of any undivided joint interest pipeline in which it has an interest. If the respondent owns an interest in multiple undivided joint interest pipelines, on schedule 214 separately report each undivided joint interest pipeline in which it has an interest.
  2. Enter in column (c) the cost of newly constructed property, additions, and improvements made to existing property. Include amounts distributed to carrier property accounts during the year which were previously charged to Account No. 187, Construction Work in Progress. In column (d) enter expenditures for existing pipeline property purchased or otherwise acquired. Enter in column (e) property sold, abandoned, or otherwise retired during the year. This will generally be a positive number so that the calculation in column (f) works properly.
  3. If pipeline operating property was acquired from or sold to some other company during the year, footnote the acquisition or sale if it exceeded $250,000. Include the following in the footnote: the name of the company the property was acquired from or sold to, the mileage acquired or sold, and the date of acquisition or sale. Include termini, the original cost of property acquired from an affiliate or other common carrier (see Instruction 3-1, Property Acquired, Instructions for Carrier Property Accounts in the USofA), and the cost of the property to the respondent. Also give the amount debited or credited to each company account representing such property acquired or disposed of.
  4. Enter in column (g) for each account the net of all other accounting adjustments, transfers, and clearances applicable to prior years' accounting.
  5. Explain fully each adjustment, clearance, or transfer in excess of $500,000 in a footnote. Explain transfers to or from Account No. 34, Noncarrier Property, in Schedule 220.
  6. Indicate in parenthesis any entry in columns (f), (g), or (h) which represents an excess of credits over debits.
Property Change During Year (in dollars)
Line No.
Account
(a)
Balance at Beginning of Year (in dollars)
(b)
Expenditures for New Construction, Additions, and Improvements
(c)
Expenditures for Existing Property Purchased or Otherwise Acquired
(d)
Property Sold, Abandoned, or Otherwise Retired During the Year
(e)
PROP CHNGS DUR YR Net (c + d - e)
(f)
Other Adjustments, Transfers, and Clearances (in dollars)
(g)
Increase or Decrease During the Year (in dollars) (f +/- g)
(h)
Balance at End of Year (in dollars) (b +/- h)
(i)
PIPE LINE NAME
Enter Pipeline Name:
GATHERING LINES
1
Land (101)
2
Right of Way (102)
3
Line Pipe (103)
4
Line Pipe Fittings (104)
5
Pipeline Construction (105)
6
Buildings (106)
7
Boilers (107)
8
Pumping Equipment (108)
9
Machine Tools and Machinery (109)
10
Other Station Equipment (110)
11
Oil Tanks (111)
12
Delivery Facilities (112)
13
Communication Systems (113)
14
Office Furniture and Equipment (114)
15
Vehicles and Other Work Equipment (115)
16
Other Property (116)
17
Asset Retirement Costs for Gathering Lines (117)
18
TOTAL (Lines 1 thru 17)
TRUNK LINES
19
Land (151)
20
Right of Way (152)
21
Line Pipe (153)
22
Line Pipe Fittings (154)
23
Pipeline Construction (155)
24
Buildings (156)
25
Boilers (157)
26
Pumping Equipment (158)
27
Machine Tools and Machinery (159)
28
Other Station Equipment (160)
29
Oil Tanks (161)
30
Delivery Facilities (162)
31
Communication Systems (163)
32
Office Furniture and Equipment (164)
33
Vehicles and Other Work Equipment (165)
34
Other Property (166)
35
Asset Retirement Costs for Trunk Lines (167)
36
TOTAL (Lines 19 thru 35)
GENERAL
37
Land (171)
38
Buildings (176)
39
Machine Tools and Machinery (179)
40
Communication Systems (183)
41
Office Furniture and Equipment (184)
42
Vehicles and Other Work Equipment (185)
43
Other Property (186)
44
Asset Retirement Costs for General Property (186.1)
45
Construction Work in Progress (187)
46
TOTAL (Lines 37 thru 45)
47
GRAND TOTAL (Lines 18, 36, and 46)

FERC FORM NO.
6
(REV 12-03)
Page
214
Name of Respondent

Blue Racer NGL Pipelines, LLC
This Report Is:

(1)
☑ An Original

(2)
☐ A Resubmission
Date of Report

02/23/2023
Year/Period of Report

End of:
2022
/
Q4
Accrued Depreciation - Carrier prop (Exclusive of Depreciation on Undiv. Joint Int. Prop. reported in schedule 217)

Give particulars (details) of the credits and debits to Account No. 31, Accrued Depreciation - Carrier Property, during the year.

  1. On schedule 216, give an analysis of changes during the year in Account No. 31, Accrued Depreciation - Carrier Property, by carrier property accounts, excluding depreciation on undivided joint interest property reported on page 217.
  2. In column (c), enter debits by carrier property account to Account Nos. 540, Depreciation and Amortization, and 541, Depreciation Expense for Asset Retirement Costs, during the year.
  3. In column (d), enter all debits to Account No. 31, Accrued Depreciation - Carrier Property, during the year resulting from the retirement of carrier property.
  4. In column (e), enter the net of any other debits and credits made to Account No. 31, Accrued Depreciation - Carrier Property, during the year.
  5. If composite annual depreciation rates are prescribed, enter those in effect at the end of the year in column (g). If component rates are prescribed, the composite rates entered in column (g) should be computed from the charges developed for December by using the prescribed component rates. Whether component or composite rates are prescribed, the entries on lines 17, 34, 42, and 43 of column (g) should be computed from December depreciation charges.
Line No.
Account
(a)
Balance at Beginning of Year (in dollars)
(b)
Debits to Account Nos. 540 and 541 of USofA (in dollars)
(c)
Net Debit From Retirement of Carrier Property (in dollars)
(d)
Other Adjustments (in dollars)
(e)
Balance at End of Year (b + c + d + e) (in dollars)
(f)
Annual Composite/Component Rates (in percent)
(g)
CarrierPropertyAccountsGatheringLinesAbstract
GATHERING LINES
1
RightOfWayGatheringLinesAccruedDepreciationCarrierPropertyAbstract
Right of Way (102)
2
LinePipeGatheringLinesAccruedDepreciationCarrierPropertyAbstract
Line Pipe (103)
3
LinePipeFittingsGatheringLinesAccruedDepreciationCarrierPropertyAbstract
Line Pipe Fittings (104)
4
PipelineConstructionGatheringLinesAccruedDepreciationCarrierPropertyAbstract
Pipeline Construction (105)
5
BuildingsGatheringLinesAccruedDepreciationCarrierPropertyAbstract
Buildings (106)
6
BoilersGatheringLinesAccruedDepreciationCarrierPropertyAbstract
Boilers (107)
7
PumpingEquipmentGatheringLinesAccruedDepreciationCarrierPropertyAbstract
Pumping Equipment (108)
8
MachineToolsAndMachineryGatheringLinesAccruedDepreciationCarrierPropertyAbstract
Machine Tools and Machinery (109)
9
OtherStationEquipmentGatheringLinesAccruedDepreciationCarrierPropertyAbstract
Other Station Equipment (110)
10
OilTanksGatheringLinesAccruedDepreciationCarrierPropertyAbstract
Oil Tanks (111)
11
DeliveryFacilitiesGatheringLinesAccruedDepreciationCarrierPropertyAbstract
Delivery Facilities (112)
12
CommunicationSystemsGatheringLinesAccruedDepreciationCarrierPropertyAbstract
Communication Systems (113)
13
OfficeFurnitureAndEquipmentGatheringLinesAccruedDepreciationCarrierPropertyAbstract
Office Furniture and Equipment (114)
14
VehiclesAndOtherWorkEquipmentGatheringLinesAccruedDepreciationCarrierPropertyAbstract
Vehicles and Other Work Equipment (115)
15
OtherPropertyGatheringLinesAccruedDepreciationCarrierPropertyAbstract
Other Property (116)
16
AssetRetirementCostsForGatheringLinesGatheringLinesAccruedDepreciationCarrierPropertyAbstract
Asset Retirement Costs for Gathering Lines (117)
17
AccruedDepreciationCarrierPropertyGatheringLinesAbstract
TOTAL (Lines 1 thru 16)
CarrierPropertyAccountsTrunkLinesAbstract
TRUNK LINES
18
RightOfWayTrunkLinesAccruedDepreciationCarrierPropertyAbstract
Right of Way (152)
1,075,455
178,385
1,253,840
3.04
19
LinePipeTrunkLinesAccruedDepreciationCarrierPropertyAbstract
Line Pipe (153)
40,560,590
7,674,783
11,779,234
60,014,607
3.01
20
LinePipeFittingsTrunkLinesAccruedDepreciationCarrierPropertyAbstract
Line Pipe Fittings (154)
21
PipelineConstructionTrunkLinesAccruedDepreciationCarrierPropertyAbstract
Pipeline Construction (155)
6,785,998
1,710,748
8,496,746
2.95
22
BuildingsTrunkLinesAccruedDepreciationCarrierPropertyAbstract
Buildings (156)
23
BoilersTrunkLinesAccruedDepreciationCarrierPropertyAbstract
Boilers (157)
24
PumpingEquipmentTrunkLinesAccruedDepreciationCarrierPropertyAbstract
Pumping Equipment (158)
25
MachineToolsAndMachineryTrunkLinesAccruedDepreciationCarrierPropertyAbstract
Machine Tools and Machinery (159)
26
OtherStationEquipmentTrunkLinesAccruedDepreciationCarrierPropertyAbstract
Other Station Equipment (160)
27
OilTanksTrunkLinesAccruedDepreciationCarrierPropertyAbstract
Oil Tanks (161)
28
DeliveryFacilitiesTrunkLinesAccruedDepreciationCarrierPropertyAbstract
Delivery Facilities (162)
29
CommunicationSystemsTrunkLinesAccruedDepreciationCarrierPropertyAbstract
Communication Systems (163)
30
OfficeFurnitureAndEquipmentTrunkLinesAccruedDepreciationCarrierPropertyAbstract
Office Furniture and Equipment (164)
31
VehiclesAndOtherWorkEquipmentTrunkLinesAccruedDepreciationCarrierPropertyAbstract
Vehicles and Other Work Equipment (165)
32
OtherPropertyTrunkLinesAccruedDepreciationCarrierPropertyAbstract
Other Property (166)
33
AssetRetirementCostsForTrunkLinesTrunkLinesAccruedDepreciationCarrierPropertyAbstract
Asset Retirement Costs for Trunk Lines (167)
34
AccruedDepreciationCarrierPropertyTrunkLinesAbstract
TOTAL (Lines 18 thru 33)
48,422,043
9,563,916
11,779,234
69,765,193
CarrierPropertyAccountsGeneralAbstract
GENERAL
35
BuildingsGeneralAccruedDepreciationCarrierPropertyAbstract
Buildings (176)
36
MachineToolsAndMachineryGeneralAccruedDepreciationCarrierPropertyAbstract
Machine Tools and Machinery (179)
37
CommunicationSystemsGeneralAccruedDepreciationCarrierPropertyAbstract
Communication Systems (183)
38
OfficeFurnitureAndEquipmentGeneralAccruedDepreciationCarrierPropertyAbstract
Office Furniture and Equipment (184)
39
VehiclesAndOtherWorkEquipmentGeneralAccruedDepreciationCarrierPropertyAbstract
Vehicles and Other Work Equipment (185)
40
OtherPropertyGeneralAccruedDepreciationCarrierPropertyAbstract
Other Property (186)
41
AssetRetirementCostsForGeneralPropertyGeneralAccruedDepreciationCarrierPropertyAbstract
Asset Retirement Costs for General Property (186.1)
42
AccruedDepreciationCarrierPropertyGeneralAbstract
TOTAL (Lines 35 thru 41)
43
AccruedDepreciationCarrierPropertyExcludingUndividedJointInterestPropertyRollforwardAbstract
GRAND TOTAL (Lines 17, 34, 42)
48,422,043
9,563,916
11,779,234
69,765,193

FERC FORM NO.
6
(REV 12-03)
Page
216
Name of Respondent

Blue Racer NGL Pipelines, LLC
This Report Is:

(1)
☑ An Original

(2)
☐ A Resubmission
Date of Report

02/23/2023
Year/Period of Report

End of:
2022
/
Q4
Accrued Depreciation - Undivided Joint Interest Property

Give particulars (details) of the credits and debits to Account No. 31, Accrued Depreciation - Carrier Property, during the year.

  1. On schedule 217, give an analysis of changes during the year in Account No. 31, Accrued Depreciation - Carrier Property, by carrier property accounts for property owned as part of an undivided joint interest pipeline. If the respondent owns an interest in multiple undivided joint interest pipelines, separately report on schedule 217 each undivided joint interest pipeline in which it has an interest.
  2. In column (c), enter debits by carrier property account to Account No. 540, Depreciation and Amortization, and 541, Depreciation Expense for Asset Retirement Costs, during the year.
  3. In column (d), enter all debits to Account No. 31, Accrued Depreciation - Carrier Property, during the year resulting from the retirement of carrier property.
  4. In column (e), enter the net of any other debits and credits made to Account No. 31, Accrued Depreciation - Carrier Property, during the year.
  5. If composite annual depreciation rates are prescribed, enter those in effect at the end of the year in column (g). If component rates are prescribed, the composite rates entered in column (g) should be computed from the charges developed for December by using the prescribed component rates. Whether component or composite rates are prescribed, the entries on lines 17, 34, 42, and 43 of column (g) should be computed from December depreciation charges.
Line No.
Account
(a)
Balance at Beginning of Year (in dollars)
(b)
Debits to Account No. 540 and 541 of U.S. of A. (in dollars)
(c)
Net Debit From Retirement of Carrier Property (in dollars)
(d)
Other Adjustments (in dollars)
(e)
Balance at End of Year (b + c + d + e) (in dollars)
(f)
Annual Composite/Component Rates (in percent)
(g)
PIPE LINE NAME
Enter Pipeline Name:
GATHERING LINES
1
Right of Way (102)
2
Line Pipe (103)
3
Line Pipe Fittings (104)
4
Pipeline Construction (105)
5
Buildings (106)
6
Boilers (107)
7
Pumping Equipment (108)
8
Machine Tools and Machinery (109)
9
Other Station Equipment (110)
10
Oil Tanks (111)
11
Delivery Facilities (112)
12
Communication Systems (113)
13
Office Furniture and Equipment (114)
14
Vehicles and Other Work Equipment (115)
15
Other Property (116)
16
Asset Retirement Costs for Gathering Lines (117)
17
TOTAL (Lines 1 thru 16)
TRUNK LINES
18
Right of Way (152)
19
Line Pipe (153)
20
Line Pipe Fittings (154)
21
Pipeline Construction (155)
22
Buildings (165)
23
Boilers (157)
24
Pumping Equipment (158)
25
Machine Tools and Machinery (159)
26
Other Station Equipment (160)
27
Oil Tanks (161)
28
Delivery Facilities (162)
29
Communication Systems (163)
30
Office Furniture and Equipment (164)
31
Vehicles and Other Work Equipment (165)
32
Other Property (166)
33
Asset Retirement Costs for Trunk Lines (167)
34
TOTAL (Lines 18 thru 33)
GENERAL
35
Buildings (176)
36
Machine Tools and Machinery (179)
37
Communication Systems (183)
38
Office Furniture and Equipment (184)
39
Vehicles and Other Work Equipment (185)
40
Other Property (186)
41
Asset Retirement Costs for General Property (186.1)
42
TOTAL (Lines 35 thru 41)
43
GRAND TOTAL (Lines 17, 34, 42)

FERC FORM No.
6
(REV 12-03)
Page
217
Name of Respondent

Blue Racer NGL Pipelines, LLC
This Report Is:

(1)
☑ An Original

(2)
☐ A Resubmission
Date of Report

02/23/2023
Year/Period of Report

End of:
2022
/
Q4
Amortization Base and Reserve
  1. Enter in columns (b) thru (e) the cost of pipeline property used as the base in computing amortization charges included in Account 540, Depreciation and Amortization, and Account 541, Depreciation Expense for Asset Retirement Costs, of the accounting company.
  2. Enter in columns (f) thru (i) the balances at the beginning and end of the year and the total credits and debits during the year in Account No. 32, Accrued Amortization—Carrier Property.
  3. The information requested for columns (b) thru (i) may be shown by projects or for totals only.
  4. If reporting by project, briefly describe in a footnote each project amounting to $100,000 or more. Reference the kind of property reported; do not include location. Items less than $100,000 may be combined in a single entry titled Minor Items, Each Less Than $100,000.
  5. If the amounts in column (g) do not correspond to the amounts actually charged to Account No. 540 and/or 541, explain such differences in a footnote.
  6. Explain in a footnote adjustments included in column (h) that affect operating expenses.
BASE 540 AND 541 RESERVE
Line No.
DescriptionOfPipelineProperty
Items
(a)
Balance at Beginning of Year (in dollars)
(b)
Debits During Year (in dollars)
(c)
Credits During Year (in dollars)
(d)
Balance at End of Year (in dollars)
(e)
AccruedAmortizationCarrierProperty
Balance at Beginning of Year (in dollars)
(f)
IncreaseInAccruedAmortizationCarrierProperty
Credits During Year (in dollars)
(g)
DecreaseInAccruedAmortizationCarrierProperty
Debits During Year (in dollars)
(h)
AccruedAmortizationCarrierProperty
Balance at End of Year (in dollars)
(i)
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
Total

FERC FORM NO.
6
(REV 12-03)
Page
218
Name of Respondent

Blue Racer NGL Pipelines, LLC
This Report Is:

(1)
☑ An Original

(2)
☐ A Resubmission
Date of Report

02/23/2023
Year/Period of Report

End of:
2022
/
Q4
Noncarrier Property
  1. Give particulars (details) of all investments of the respondent in physical property includable in Account No. 34, Noncarrier Property, in the USofA. In column (a), when describing the property, give the location and other identification with a reasonable amount of detail.
  2. Report each item in excess of $1,000,000. Items less than $1,000,000 may be combined in a single entry titled "Minor items, less than $1,000,000."
  3. If any noncarrier property was disposed of during the year, or by reclassification was transferred to or from the carrier property accounts, give particulars (details) in a footnote.
  4. Summarize the revenues and expenses of operated noncarrier properties on schedule 335.
Line No.
NameAndDescriptionOfPhysicalPropertyHeldAsInvestment
Name and Description of Physical Property Held at End of Year as an Investment
(a)
DateNoncarrierPropertyRecognized
Date Included in Account No. 34
(b)
NoncarrierProperty
Book Cost at End of Year (in dollars)
(c)
NoncarrierPropertyRemarks
Remarks
(d)
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
TOTAL

FERC FORM NO.
6
(REV 12-00)
Page
220
Name of Respondent

Blue Racer NGL Pipelines, LLC
This Report Is:

(1)
☑ An Original

(2)
☐ A Resubmission
Date of Report

02/23/2023
Year/Period of Report

End of:
2022
/
Q4
Other Deferred Charges

Give an analysis of the balance in Account No. 44, Other Deferred Charges, at the end of the year, showing in detail each item or subaccount of $500,000 or more. Items less than $500,000 may be combined in a single entry designated "Minor Items, Each Less Than $500,000." In case the type of any item is not fully disclosed by the entries in the columns below, explain in a footnote.
Line No.
NameOrClassOfDebtors
Description and Type of Items: Names of Debtor (or Class of Debtors), If Any
(a)
OtherDeferredCharges
Amount at End of Year (in dollars)
(b)
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
TOTAL

FERC FORM NO.
6
(REV 12-00)
Page
221
Name of Respondent

Blue Racer NGL Pipelines, LLC
This Report Is:

(1)
☑ An Original

(2)
☐ A Resubmission
Date of Report

02/23/2023
Year/Period of Report

End of:
2022
/
Q4
Payables to Affiliated Companies
  1. Give particulars (details) on the various affiliated company creditors and provide a description of the transactions involved in the current liability Account No. 51, Payable to Affiliated Companies.
  2. In column (a), list every item amounting to $500,000 or more. For creditors whose balances were less than $500,000, a single entry may be made under a caption "Minor accounts, less than $500,000."
Line No.
NameOfCreditor
Name of Creditor
(a)
DescriptionOfTransaction
Description of Liability or of Transaction
(b)
PayablesToAffiliatedCompanies
Balance at End of Year (in dollars)
(c)
1
Blue Racer Midstream, LLC
Construction and Improvements
23,893,996
49
TOTAL
23,893,996

FERC FORM NO.
6
(REV 12-00)
Page
225
Name of Respondent

Blue Racer NGL Pipelines, LLC
This Report Is:

(1)
☑ An Original

(2)
☐ A Resubmission
Date of Report

02/23/2023
Year/Period of Report

End of:
2022
/
Q4
Long-Term Debt
  1. Give particulars (details) of the various unmatured bonds and other evidence of long-term debt of the respondent included in Account Nos. 57, Long-Term Debt Payable Within One Year, and 60, Long-Term Debt Payable After One Year.
  2. In column (a) enter the name of each bond or other obligations as it is designated in the records of the respondent.
  3. In case obligations of the same designation mature serially or otherwise at various dates, enter in column (c) the latest date of maturity and explain the matter in a footnote.
  4. If respondent has had to obtain final authority for the amount of debt to be incurred, provide in a footnote the name of such officer or board and the date when assent was given.
  5. Refer to the definitions of "nominally issued," "actually issued," etc.
  6. If interest accrued during the year (as entered in columns (k) and (l)) does not aggregate the total accrual for the year on any security, explain the discrepancy in a footnote. Entries in these columns should include interest accrued on long-term debt reacquired or retired during the year, although no portion of the issue is actually outstanding at the end of the year.
  7. In determining the entries for column (m), do not treat any interest as paid unless the interest is actually paid by the respondent. Do not report deposits of cash with banks and other fiscal agents for the payment of interest coupons as payments of such interest until actually paid to coupon holders or others under such circumstances as to relieve the respondent from further liability.
TOTAL PAR VALUE INTR.PROV
Line No.
Name and Description of Obligation
(a)
Nominal Date of Issue
(b)
Date of Maturity
(c)
In Treasury
(d)
Sinking, Other Funds
(e)
Pledged as Collateral
(f)
Payable within 1 Yr. (acc. 57)
(g)
Payable After 1 Yr. (acc. 60)
(h)
Rate Per Annum (in percent)
(i)
Dates Due
(j)
Amount of Interest Accrued During Year Charged to Income (in dollars)
(k)
Amount of Int. Charged to Construction or Other Investment Account (in dollars)
(l)
Amount of Interest Paid During Year (in dollars)
(m)
MORTGAGE BONDS
1
2
3
4
5
6
7
8
9
10
11
TOTAL for Mortgage Bonds
COLLATERAL TRUST BONDS
12
13
14
15
16
17
TOTAL for Collateral Trust Bonds
INCOME BONDS
18
19
20
21
TOTAL for Income Bonds
MISCELLANEOUS OBLIGATIONS
22
23
24
25
26
27
28
29
30
TOTAL for Miscellaneous Obligations
NONNEGOTIABLE DEBT TO AFFILIATED CO.
31
32
33
34
35
36
37
38
39
40
TOTAL for Nonnegotiable Debt to Affil. Co.
41
GRAND TOTAL (Lines 11, 17, 21, 30 and 40)

FERC FORM NO.
6
(ED 12-00)
Page
226
Name of Respondent

Blue Racer NGL Pipelines, LLC
This Report Is:

(1)
☑ An Original

(2)
☐ A Resubmission
Date of Report


02/23/2023
Year/Period of Report


End of:
2022
/
Q4
Analysis of Federal Income and Other Taxes Deferred
  1. Listed in column (a) are the current and noncurrent deferred income tax accounts.
  2. Report in column (b) under the current and noncurrent deferred tax holdings the beginning of year balance for each item that causes temporary differences between financial reporting and tax reporting bases of assets and liabilities. Such items should include, but not be limited to, accelerated depreciation and amortization, and tax deferrals of pensions and post-retirement benefits. Other items which cause such a difference should be listed under, Other, including State and other taxes deferred if computed separately. Minor items each less than $100,000 may be combined in a single entry under Other.
  3. Report in column (c) for the current deferred tax category the net change in Account Nos. 19-5, Deferred Income Tax Assets, and 59, Deferred Income Tax Liabilities, and for the noncurrent accumulated deferred tax category the net change in Account Nos. 45, Accumulated Deferred Income Tax Assets, and 64, Accumulated Deferred Income Tax Liabilities, for the current year temporary differences.
  4. The total of net credits (debits) for the current year in column (c) should agree with the contra debits (credits) to Account No. 671, Provision for Deferred Taxes, and Account No. 696, Provision for Deferred Taxes-Extraordinary Items, for the current reporting year.
  5. Report in column (d) any adjustments, as appropriate, including adjustments to eliminate or reinstate deferred tax effects (credits or debits) due to applying or recognizing a loss carryforward or a loss carry-back. Explain the adjustments as a footnote of the fact.
  6. Report in column (e) for the current and noncurrent deferred tax categories the cumulative totals of columns (b), (c), and (d). The total of column (e) for the current deferred tax category must be the same as the balance in Account Nos. 19-5 or 59 and the total of column (e) for the noncurrent accumulated deferred tax category must be the same as the balance in Account Nos. 45 or 64 as reported in the Comparative Balance Sheet Statement.
Line No.
Items Causing Temporary Differences
(a)
Beginning of Year Balance (in dollars)
(b)
Net Change for the Current Year (in dollars)
(c)
Adjustments (in dollars)
(d)
End of Year Balance (b + c + d) (in dollars)
(e)
Current Deferred Taxes - Account Nos. 19-5 and 59
1
2
3
4
5
6
7
8
9
10
TOTALS
Noncurrent Deferred Taxes - Account Nos. 45 and 64
11
12
13
14
15
16
17
18
19
20
TOTALS

FERC FORM NO.
6
(REV 12-00)
Page
230
Name of Respondent

Blue Racer NGL Pipelines, LLC
This Report Is:

(1)
☑ An Original

(2)
☐ A Resubmission
Date of Report

02/23/2023
Year/Period of Report

End of:
2022
/
Q4
Capital Stock (Account 70)
  1. Report below the particulars (details) called for concerning common and preferred stock at end of year, distinguishing separate series of any general class. Show separate totals for common and preferred stock. If information to meet the stock exchange reporting requirement out lined in column (a) is available from the SEC 10-K Report form filing, a specific reference to the report form (i.e., year and company title) may be reported in column (a) provided the fiscal years for both the 10-K report and this report are compatible.
  2. Entries in column (b) should represent the number of shares authorized by the articles of incorporation as amended to end of year.
  3. Give particulars (details) concerning shares of any class and series of stock authorized to be issued by a regulatory commission which have not been issued.
  4. The identification of each class of preferred stock should show the dividend rate and whether the dividends are cumulative or noncumulative.
  5. State in a footnote if any capital stock which has been nominally issued is nominally outstanding at end of year.
  6. Give particulars (details) in column (a) of any nominally issued capital stock, reacquired stock, or stock in sinking and other funds which is pledged, stating name of pledgee and purpose of pledge.
OUTS.PER BAL. SHEET HELP BY RESP. AS TREAS. STOCK HELD BY RESP. IN SINK AND OTH. FUNDS
Line No.
CapitalStockDescription
Class and Series of Stock and Name of Stock Exchange
(a)
CapitalStockSharesAuthorized
Number of Shares Authorized by Charter
(b)
CapitalStockParOrStatedValuePerShare
Par or Stated Value per Share
(c)
CapitalStockCallPrice
Call Price at End of Year
(d)
CapitalStockSharesOutstanding
Shares
(e)
CapitalStock
Amount
(f)
CapitalStockSharesHeldAsReacquiredStock
Shares
(g)
TreasuryStock
Cost
(h)
CapitalStockSharesHeldInSinkingAndOtherFunds
Shares
(i)
CapitalStockValueHeldInSinkingAndOtherFunds
Amount
(j)
1
Common Stock (Account 70)
2
3
4
5
Total
6
Preferred Stock (Account 70)
7
8
9
10
Total
1
Capital Stock (Account 70) - Data Conversion
2
3
4
5
Total

FERC FORM NO.
6
(REV 12-95)
Page
250
Name of Respondent

Blue Racer NGL Pipelines, LLC
This Report Is:

(1)
☑ An Original

(2)
☐ A Resubmission
Date of Report

02/23/2023
Year/Period of Report

End of:
2022
/
Q4
Capital Stock Changes During the Year
  1. Give particulars (detail) of stock actually or nominally issued (either original issues or reissues) and of stocks reacquired or canceled during the year. For nominally issued stock, show returns in columns (a), (b), and (d) only.
  2. In column (c) state whether issued for construction of new properties, for additions and betterments, for purchase of pipeline or other property, for conversion, for acquisition of securities, for reorganization, or for other corporate purposes. If an issue, of securities was authorized for more than one purpose, state in a footnote amount applicable to each purpose. Also give the number and date of the authorization by the public authority under whose control such issue was made, naming such authority.
  3. In column (e) include as cash all money, checks, drafts, bills of exchange, and other commercial paper payable as par on demand.
STOCKS ISS. DUR YR STOCKS REACQ.DUR YR
Line No.
NameOfAccountAndDescriptionOfCapitalStockItems
Class of Stock
(a)
CapitalStockSharesIssuedDate
Date of Issue (Mo, Da, Yr)
(b)
CapitalStockSharesIssuedDescription
Purpose of the Issue, Authority, and Number and Date of Authorization
(c)
CapitalStockSharesIssued
Number of Shares
(d)
CapitalStockIssuedConsiderationReceived
Net Proceeds Received for Issue (Cash or its Equivalent) (in dollars)
(e)
CapitalStockIssuedOtherPropertyAcquiredOrServicesReceived
Cash Value of Other Property Acquired or Services Received as Consideration for Issue (in dollars)
(f)
NetDiscountPremiumOnCapitalStock
Net Total Discounts or Premiums (Exclude entries in column (h); enter premiums in parentheses) (in dollars)
(g)
Expense of Issuing Capital Stock (in dollars)
(h)
CapitalStockSharesReacquired
Number of Shares
(i)
CapitalStockReacquiredPurchasePrice
Purchase Price (in dollars)
(j)
RemarksCapitalStockChanges
Remarks
(k)
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43

FERC FORM NO.
6
(ED 12-91)
Page
252
Name of Respondent

Blue Racer NGL Pipelines, LLC
This Report Is:

(1)
☑ An Original

(2)
☐ A Resubmission
Date of Report

02/23/2023
Year/Period of Report

End of:
2022
/
Q4
Additional Paid-in Capital

Give an analysis of Account 73, Additional Paid-In Capital. In column (a) give a brief description of the items added or deducted and in column (b) insert the contra account number to which the amount stated in column (c) was charged or credited.
Line No.
Item
(a)
Contra Account Number
(b)
Amount (in dollars)
(c)
1
AdditionalPaidInCapital
Balance at Beginning of Year
220,250,583
2
AdditionalPaidInCapitalAdditionsAbstract
Additional Paid-in Capital Additions
2.1
AdditionalPaidInCapitalAdditions
Partners' Capital Contributions
42,310,843
11
AdditionalPaidInCapitalAdditions
TOTAL Additions During the Year
42,310,843
12
AdditionalPaidInCapitalDeductionsAbstract
Additional Paid-in Capital Deductions
23
AdditionalPaidInCapitalDeductions
TOTAL Deductions During the Year
24
AdditionalPaidInCapital
Balance at End of Year
262,561,426

FERC FORM NO.
6
(ED 12-87)
Page
254
Name of Respondent

Blue Racer NGL Pipelines, LLC
This Report Is:

(1)
☑ An Original

(2)
☐ A Resubmission
Date of Report

02/23/2023
Year/Period of Report

End of:
2022
/
Q4
Operating Revenues

Report the respondent's pipeline operating revenues year to date, classified in accordance with the USofA.
Line No.
Account
(a)
Crude Oil Current Year to Date Quarter
(b)
Products Current Year to Date Quarter
(c)
Total Year to Date Quarter (b) + (c)
(d)
1
GatheringRevenues
(200) Gathering Revenues
2
TrunkRevenues
(210) Trunk Revenues
25,753,684
25,753,684
3
DeliveryRevenues
(220) Delivery Revenues
4
AllowanceOilRevenue
(230) Allowance Oil Revenue
5
StorageAndDemurrageRevenue
(240) Storage and Demurrage Revenue
6
RentalRevenue
(250) Rental Revenue
7
IncidentalRevenue
(260) Incidental Revenue
8
OperatingRevenues
TOTAL (lines 1 through 7)
25,753,684
25,753,684

FERC FORM No.
6
(NEW. 06-04)
Page
300
Name of Respondent

Blue Racer NGL Pipelines, LLC
This Report Is:

(1)
☑ An Original

(2)
☐ A Resubmission
Date of Report

02/23/2023
Year/Period of Report

End of:
2022
/
Q4
Operating Revenue Accounts (Account 600)
  1. Report the respondent's pipeline operating revenues for the year, classified in accordance with the USofA.
  2. For Account Nos. 200, 210, and 220, indicate the revenues derived from the interstate transportation of oil and the revenues derived from the intrastate transportation of oil. The sum of the two revenue figures should equal the total revenues in Account Nos. 200, 210, and 220.
Crude Oil Products Total
Line No.
Operating Revenue Accounts
(a)
Previous Year (in dollars)
(b)
Current Year (in dollars)
(c)
Previous Year (in dollars)
(d)
Current Year (in dollars)
(e)
Previous Year (in dollars) (b + d)
(f)
Current Year (in dollars) (c + e)
(g)
1
GatheringRevenues
Gathering Revenues (200)
2
TrunkRevenues
Trunk Revenues (210)
22,762,832
25,753,684
22,762,832
25,753,684
3
DeliveryRevenues
Delivery Revenues (220)
4
AllowanceOilRevenue
Allowance Oil Revenues (230)
5
StorageAndDemurrageRevenue
Storage and Demurrage Revenue (240)
6
RentalRevenue
Rental Revenue (250)
7
IncidentalRevenue
Incidental Revenue (260)
8
OperatingRevenues
TOTAL
22,762,832
25,753,684
22,762,832
25,753,684
Interstate Intrastate Total
Line No.
Operating Revenue Accounts
(a)
Previous Year (in dollars)
(b)
Current Year (in dollars)
(c)
Previous Year (in dollars)
(d)
Current Year (in dollars)
(e)
Previous Year (in dollars) (b + d)
(f)
Current Year (in dollars) (c + e)
(g)
1
GatheringRevenues
Gathering Revenues (200)
2
TrunkRevenues
Trunk Revenues (210)
22,762,832
25,753,684
22,762,832
25,753,684
3
DeliveryRevenues
Delivery Revenues (220)
4
GatheringTrunkAndDeliveryRevenues
TOTAL
22,762,832
25,753,684
22,762,832
25,753,684

FERC FORM No.
6
(REV 12-00)
Page
301
Name of Respondent

Blue Racer NGL Pipelines, LLC
This Report Is:

(1)
☑ An Original

(2)
☐ A Resubmission
Date of Report

02/23/2023
Year/Period of Report

End of:
2022
/
Q4
Operating Expense Accounts (Account 610)

State the pipeline operating expenses of the respondent for the year, classifying them in accordance with the USofA.
CRUDE OIL (Year to Date) PRODUCTS (Year to Date)
Line No.
Operating Expenses Accounts
(a)
Gathering
(b)
Trunk
(c)
Delivery
(d)
Total (b + c + d)
(e)
Trunk (in dollars)
(f)
Delivery (in dollars)
(g)
Total (f + g) (in dollars)
(h)
Grand Total (e + h)
(i)
OperationsAndMaintenanceAbstract
OPERATIONS and MAINTENANCE
1
SalariesAndWagesOperationsAndMaintenance
Salaries and Wages (300)
9,570
2
MaterialsAndSuppliesOperationsAndMaintenance
Materials and Supplies (310)
64,865
3
OutsideServicesOperationsAndMaintenance
Outside Services (320)
4
OperatingFuelAndPowerOperationsAndMaintenance
Operating Fuel and Power (330)
194,444
5
OilLossesAndShortagesOperationsAndMaintenance
Oil Losses and Shortages (340)
6
RentalsOperationsAndMaintenance
Rentals (350)
5,043,996
7
OtherExpensesOperationsAndMaintenance
Other Expenses (390)
418,425
8
OperationsAndMaintenanceExpensesOil
TOTAL Operations and Maintenance Expenses
5,731,300
GeneralExpenseAbstract
GENERAL
9
SalariesAndWagesGeneralExpense
Salaries and Wages (500)
1,546,580
10
MaterialsAndSuppliesGeneralExpense
Materials and Supplies (510)
11
OutsideServicesGeneralExpense
Outside Services (520)
280,689
12
RentalsGeneralExpense
Rentals (530)
13
DepreciationAndAmortizationGeneralExpense
Depreciation and Amortization (540)
9,563,917
14
DepreciationExpenseForAssetRetirementCosts
Depreciation Expense for Asset Retirement Costs (541)
15
EmployeeBenefitsGeneralExpense
Employee Benefits (550)
532,035
16
InsuranceGeneralExpense
Insurance (560)
231,099
17
CasualtyAndOtherLossesGeneralExpense
Casualty and Other Losses (570)
18
PipelineTaxesGeneralExpense
Pipeline Taxes (580)
2,146,115
19
OtherExpensesGeneralExpense
Other Expenses (590)
855,584
20
AccretionExpense
Accretion Expense (591)
21
GainsOrLossesOnAssetRetirementObligationsGeneralExpense
Gains or Losses on Asset Retirement Obligations (592)
22
GeneralExpensesOil
TOTAL General Expenses
15,156,019
23
OperatingExpenses
GRAND TOTALS
20,887,319
20,887,320

FERC FORM NO.
6
(REV 12-03)
Page
302
Name of Respondent

Blue Racer NGL Pipelines, LLC
This Report Is:

(1)
☑ An Original

(2)
☐ A Resubmission
Date of Report


02/23/2023
Year/Period of Report


End of:
2022
/
Q4
Pipeline Taxes (Other than Income Taxes)
  1. Give the particulars (details) on the taxes accrued in carrier properties and charged to Account No. 580, Pipeline Taxes, of the respondent's income account for the year.
  2. If during the year an important adjustment was made in Account 580 for taxes applicable to a prior year, state the full particulars (details) in a footnote.
A. STATE, LOCAL, AND OTHER TAXES
Line No.
Name of State
(a)
Amount (in dollars)
(b)
1
West Virginia
2,146,115
59
TOTAL - State, Local and Other Taxes
2,146,115
B. U.S. GOVERNMENT TAXES
Line No.
(a)
(b)
61
OldAgeRetirementTaxExpense
Old-Age Retirement
62
UnemploymentInsuranceTaxExpense
Unemployment Insurance
63
OtherPipelineTaxExpenseAbstract
Other U.S. Taxes (Specify, Except Income Taxes)
70
FederalPipelineTaxExpenseIncludingOldAgeRetirementsAndUnemploymentInsuranceTaxes
TOTAL - U.S. Government Taxes
71
PipelineTaxesGeneralExpense
GRAND Total (Account No. 580)

FERC FORM NO.
6
(ED 12-87)
Page
305
Name of Respondent

Blue Racer NGL Pipelines, LLC
This Report Is:

(1)
☑ An Original

(2)
☐ A Resubmission
Date of Report

02/23/2023
Year/Period of Report

End of:
2022
/
Q4
Income From Noncarrier Property
  1. State the revenues, expenses, and net income of the respondent during the year from each class of noncarrier property provided for in Account No. 620, Income (net) from Noncarrier Property, in the USofA.
  2. If the income relates to only a part of the year, give particulars (details) in a footnote.
Line No.
NoncarrierPropertyDescription
General Description of Property
(a)
NoncarrierPropertyRevenue
Total Revenues (in dollars)
(b)
NoncarrierPropertyExpense
Total Expenses (in dollars)
(c)
Net Income (Loss) (in dollars) (b - c)
(d)
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
Total

FERC FORM NO.
6
(ED 12-91)
Page
335
Name of Respondent

Blue Racer NGL Pipelines, LLC
This Report Is:

(1)
☑ An Original

(2)
☐ A Resubmission
Date of Report

02/23/2023
Year/Period of Report

End of:
2022
/
Q4
Interest and Dividend Income

Give a detailed analysis of amounts credited to Account No. 630, Interest and Dividend Income, classified in accordance with the USofA.
Line No.
Item
(a)
Dividend Income (in dollars)
(b)
Interest Income (in dollars)
(c)
1
Inc from Securities Invest in Affil Co (From Sched 202)
2
Income from Other Securities Investments
3
Income from Temporary Cash Investments
4
Other Credits (specify)
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
Total

FERC FORM NO.
6
(REV 12-95)
Page
336
Name of Respondent

Blue Racer NGL Pipelines, LLC
This Report Is:

(1)
☑ An Original

(2)
☐ A Resubmission
Date of Report

02/23/2023
Year/Period of Report

End of:
2022
/
Q4
Miscellaneous Items in Income and Retained Income Accounts for the Year
  1. Give a detailed analysis of items in Accounts 640, Miscellaneous Income; 660, Miscellaneous Income Charges; 680, Extraordinary Items; 695, Income Taxes on Extraordinary Items; 710, Other Credits to Retained Income; and 720, Other Debits to Retained Income, for the year. The classifications should be made in accordance with the USofA.
  2. For Accounts 640 and 660, report each item amounting to $250,000 or more; items less than $250,000 in these accounts may be combined in a single entry designated "Minor Items, each less than $250,000." Enter a total for each account.
Line No.
MiscellaneousItemsAccountNumber
Account No.
(a)
DescriptionOfMiscellaneousItem
Item
(b)
DecreaseInMiscellaneousItemsInIncomeAndRetainedIncomeAccounts
Debits (in dollars)
(c)
IncreaseInMiscellaneousItemsInIncomeAndRetainedIncomeAccounts
Credits (in dollars)
(d)
Account 640, Miscellaneous Income
1
2
3
4
5
Total - Account 640, Miscellaneous Income
Account 660, Miscellaneous Income Charges
1
2
3
4
5
Total - Account 660, Miscellaneous Income Charges
Account 680, Extraordinary Items
1
2
3
4
5
Total - Account 680, Extraordinary Items
Account 695, Income Taxes on Extraordinary Items
1
2
3
4
5
Total - Account 695, Income Taxes on Extraordinary Items
Account 710, Other Credits to Retained Income
1
2
3
4
5
Total - Account 710, Other Credits to Retained Income
Account 720, Other Debits to Retained Income
1
2
3
4
5
Total - Account 720, Other Debits to Retained Income

FERC FORM NO.
6
(ED 12-96)
Page
337
Name of Respondent

Blue Racer NGL Pipelines, LLC
This Report Is:

(1)
☑ An Original

(2)
☐ A Resubmission
Date of Report

02/23/2023
Year/Period of Report

End of:
2022
/
Q4
Payments for Services Rendered by Other than Employees
  1. Give information concerning payments, fees, retainers, commissions, gifts, contributions, assessments, bonuses, pensions, subscriptions, allowance for expenses, or any form of payments amounting in the aggregate to $100,000 or more during the year to any corporation, institution, association, firm, partnership, committee, or any person for services or as a donation. In the case of contributions of under $100,000 which are made in common with other carriers under a joint arrangement in payment for the performance of services or as a donation, report such contribution, irrespectively of the amount thereof, if the total amount paid by all contributors for the performance of the particular service is equal to the sum of $100,000 or more.
  2. Include among others, payments, directly or indirectly, for legal, medical, engineering, advertising, valuation, accounting, statistical, financial, educational, entertainment, charitable, advisory, defensive, detective, developmental, research, appraisal, registration, purchasing, architectural, and hospital services; payments for expert testimony and for handling wage disputes; and payments for services of banks, bankers, trust companies, insurance companies, brokers, trustees, promoters, solicitors, consultants, actuaries, investigators, inspectors, and efficiency engineers. The enumeration of these kinds of payments should not be understood as excluding other payments for services not excluded below.
  3. Exclude: Rent of buildings or other property; taxes payable to Federal, State, or local governments; payments for heat, light, power, telegraph, and telephone services; and payments to other carriers on the basis of lawful tariff charges, as well as other payments for services which both as to their nature and amount may reasonably be regarded as ordinarily connected with the routine operation, maintenance, or construction of a pipeline. Do not include any special and unusual payments for services.
  4. If more convenient, this schedule may be completed for a group of companies considered as one system and shown only in the report of the principal company in the system, with references thereto in the reports of the other companies.
  5. If any doubt exists in the mind of the reporting officers as to the reportability of any type of payment, requests should be made for a ruling before filing this report.
Line No.
Name of Recipient
(a)
Nature of Service
(b)
Amount of Payment (in dollars)
(c)
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40 Total

FERC FORM NO.
6
(REV 12-95)
Page
351
Name of Respondent

Blue Racer NGL Pipelines, LLC
This Report Is:

(1)
☑ An Original

(2)
☐ A Resubmission
Date of Report

02/23/2023
Year/Period of Report

End of:
2022
/
Q4
Statistics of Operations
  1. Give particulars (details) by States of origin for crude oil and for each kind of product received year to date and totals only (i.e., no State detail) for number of barrels of crude oil and of each kind of product delivered out of the pipeline year to date. Classify and list in column (b) by States of origin the refined products transported in the following order: 29111, Gasoline, jet fuels, and other high volatile petroleum fuels, except natural gasoline; 29112, Kerosene; 29113, Distillate fuel oil; 29114, Lubricating and similar oils and derivatives; 29117, Residual fuel oil and other low volatile petroleum fuels; 29112, Products of petroleum refining, n.e.c. - Specify.
  2. In column (c) show all oils received by the respondent from connecting carriers reporting to the Federal Energy Regulatory Commission. In column (d) show all oils originated on respondent’s gathering lines and in column (e) all oils received into respondent’s trunk line, except receipts shown in columns (c) and (d). Any barrels received into a pipeline owned by the respondent, but operated by others, should be reported separately on page 600a.
  3. Entries in column (f) should be the sum of columns (c), (d), and (e). In column (g) show all oils delivered to connecting carriers reporting to the Federal Energy Regulatory Commission. In column (h) show all oils terminated on the respondent’s gathering lines, and in column (i) all oils delivered out of respondent’s pipeline, except deliveries shown under columns (g) and (h).
    Entries in column (j) should be the sum of columns (g), (h), and (i). Any barrels delivered out of a pipeline owned by the respondent, but operated by others, should be reported separately on page 600a.
  4. Enter actual amount for lines 33a and 33b on an annual basis only. Do not report on a quarterly basis. Estimate if actual figures are not available. Barrel miles as reported on this schedule are the summation, for all segments, of the number of miles associated with each pipeline segment (trunk line only) multiplied by the number of barrels delivered through the segment. For example, 1,000 barrels moved through a 57-mile pipeline segment would be recorded as 57,000 barrel-miles. For a crude pipeline with several segments:
    Segments Barrels Miles Barrel-Miles
    A 1,000 57 57,000
    B 5,000 10 50,000
    C 1,000 25 25,000
Number of Barrels Received (Year to Date) Number of Barrels Delivered Out (Year to Date)
ORIGINATED On TERMINATED On
Line No.
StateOfOrigin
State of Origin
(a)
RefinedProductType
Type of Refined Products Transported
(b)
NumberOfBarrelsReceivedFromConnectingCarriers
From Connecting Carriers
(c)
NumberOfBarrelsReceivedOnGatheringLines
Gathering Lines
(d)
NumberOfBarrelsReceivedOnTrunkLines
Trunk Lines
(e)
NumberOfBarrelsReceived
Total Received (c + d + e)
(f)
NumberOfBarrelsDeliveredOutToConnectingCarriers
To Connecting Carriers
(g)
NumberOfBarrelsDeliveredOutOnGatheringLines
Gathering Lines
(h)
NumberOfBarrelsDeliveredOutOnTrunkLines
Trunk Lines
(i)
NumberOfBarrelsDeliveredOut
Total Delivered Out (g + h + i)
(j)
CRUDE OIL
15 TOTAL
PRODUCTS
16
West Virginia
29119 Ethane
5,674,518
5,674,518
5,674,518
5,674,518
17
West Virginia
29119 Propane
4,695,334
4,695,334
4,695,334
4,695,334
18
West Virginia
29119 Butane
2,065,701
2,065,701
2,065,701
2,065,701
19
West Virginia
29119 Y Grade
7,250,242
7,250,242
7,250,242
7,250,242
31 TOTAL
19,685,795
19,685,795
19,685,795
19,685,795
32 GRAND TOTAL
33a Total Number of Barrel-Miles (Trunk Lines Only):
(1) Crude Oil
(2) Products
680,264,552
33b Total Number of Barrels of Oil Having Trunk-Line Movement:
(1) Crude Oil
(2) Products
19,685,795

FERC FORM NO.
6
(REV 12-00)
Page
600
Name of Respondent

Blue Racer NGL Pipelines, LLC
This Report Is:

(1)
☑ An Original

(2)
☐ A Resubmission
Date of Report

02/23/2023
Year/Period of Report

End of:
2022
/
Q4
Statistics of Operations - Operated by Others
  1. Give particulars (details) by States of origin for crude oil and for each kind of product received year to date and totals only (i.e., no State detail) for number of barrels of crude oil and of each kind of product delivered out of the pipeline year to date. Classify and list in column (b) by States of origin the refined products transported in the following order: 29111, Gasoline, jet fuels, and other high volatile petroleum fuels, except natural gasoline; 29112, Kerosene; 29113, Distillate fuel oil; 29114, Lubricating and similar oils and derivatives; 29117, Residual fuel oil and other low volatile petroleum fuels; 29112, Products of petroleum refining, n.e.c. - Specify.
  2. In column (c) show all oils received by the respondent from connecting carriers reporting to the Federal Energy Regulatory Commission. In column (d) show all oils originated on respondent’s gathering lines and in column (e) all oils received into respondent’s trunk line, except receipts shown in columns (c) and (d). Any barrels received into a pipeline owned by the respondent, but operated by others, should be reported separately on page 600a.
  3. Entries in column (f) should be the sum of columns (c), (d), and (e). In column (g) show all oils delivered to connecting carriers reporting to the Federal Energy Regulatory Commission. In column (h) show all oils terminated on the respondent’s gathering lines, and in column (i) all oils delivered out of respondent’s pipeline, except deliveries shown under columns (g) and (h).
    Entries in column (j) should be the sum of columns (g), (h), and (i). Any barrels delivered out of a pipeline owned by the respondent, but operated by others, should be reported separately on page 600a.
  4. Enter actual amount for lines 33a and 33b on an annual basis only. Do not report on a quarterly basis. Estimate if actual figures are not available. Barrel miles as reported on this schedule are the summation, for all segments, of the number of miles associated with each pipeline segment (trunk line only) multiplied by the number of barrels delivered through the segment. For example, 1,000 barrels moved through a 57-mile pipeline segment would be recorded as 57,000 barrel-miles. For a crude pipeline with several segments:
    Segments Barrels Miles Barrel-Miles
    A 1,000 57 57,000
    B 5,000 10 50,000
    C 1,000 25 25,000
Number of Barrels Received (Year to Date) Number of Barrels Delivered Out (Year to Date)
ORIGINATED On TERMINATED On
Line No.
StateOfOriginOwnedByRespondentButOperatedByOthers
State of Origin
(a)
RefinedProductTypeOwnedByRespondentButOperatedByOthers
Type of Refined Products Transported
(b)
NumberOfBarrelsReceivedFromConnectingCarriersOwnedByRespondentButOperatedByOthers
From Connecting Carriers
(c)
NumberOfBarrelsReceivedOnGatheringLinesOwnedByRespondentButOperatedByOthers
Gathering Lines
(d)
NumberOfBarrelsReceivedOnTrunkLinesOwnedByRespondentButOperatedByOthers
Trunk Lines
(e)
NumberOfBarrelsReceivedOwnedByRespondentButOperatedByOthers
Total Received (c + d + e)
(f)
NumberOfBarrelsDeliveredOutToConnectingCarriersOwnedByRespondentButOperatedByOthers
To Connecting Carriers
(g)
NumberOfBarrelsDeliveredOutOnGatheringLinesOwnedByRespondentButOperatedByOthers
Gathering Lines
(h)
NumberOfBarrelsDeliveredOutOnTrunkLinesOwnedByRespondentButOperatedByOthers
Trunk Lines
(i)
NumberOfBarrelsDeliveredOutOwnedByRespondentButOperatedByOthers
Total Delivered Out (g + h + i)
(j)
1
CRUDE OIL
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
PRODUCT
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
33a Total Number of Barrel-Miles (Trunk Lines Only):
34
(1) Crude Oil
35
(2) Products
36
33b Total Number of Barrels of Oil Having Trunk-Line Movement:
37
(1) Crude Oil
38
(2) Products

FERC FORM NO.
6
(REV 12-00)
Page
600a
Name of Respondent

Blue Racer NGL Pipelines, LLC
This Report Is:

(1)
☑ An Original

(2)
☐ A Resubmission
Date of Report

2023-02-23
Year/Period of Report

End of:
2022
/
Q4
Miles of Pipeline Operated at end of Year
  1. Give particulars (details) called for by State and termini, concerning the miles of all pipeline operated, and size of each line at end of year, according to the classifications given.
  2. Report miles of pipeline operated to the nearest whole mile adjusted to footings, i.e., count ½ mile and over as a whole mile disregarding any fraction less than ½ mile. Report fractional size line in the next smaller whole size, e.g., report 2-1/2" and 6-5/8" lines as 2" and 6" lines, respectively. Size of line is defined as inside diameter.
  3. Report under (A), the lines wholly owned and operated by respondent, including wholly owned minor facilities temporarily idle or in standby service.
  4. Report under (B), the total miles of pipeline owned in undivided joint interests and operated by respondent. Name each pipeline and give names of owning companies.
  5. Report under (C), the total miles of pipeline owned in undivided joint interests and operated by others. Name each pipeline and give names of owning companies.
  6. Report under (D), the respondent operating lines not owned by it, but leased from others, when leases are for reasonably long terms and consist of an important part of the respondent's pipeline. The lessor company should omit from its schedule such mileages leased to others.
  7. Omit minor gathering line facilities under temporary or short-term lease from this classification; the lessor should include such lines in its wholly owned and operated lines.
TERMINI OP AT END OF YR CHG IN MILES OPR DUR THE YR
GATHERING LINES TRUNK LINES FOR CRUDE OIL TRUNK LINES FOR PRODUCTS INCREASES DECREASES
Line No.
NameAndStateOfCompany Name of Company and State
(a)
PipelineStartPoint From -
(b)
PipelineEndPoint TO -
(c)
MilesOfGatheringLinesOperated Miles
(d)
SizeOfGatheringLinesOperated Size of Line (in inches)
(e)
MilesOfTrunkLinesForCrudeOilOperated Miles
(f)
SizeOfTrunkLinesForCrudeOilOperated Size of Lines (in inches)
(g)
MilesOfTrunkLinesForProductsOperated Miles
(h)
SizeOfTrunkLinesForProductsOperated Size of Line (in inches)
(i)
IncreaseMilesOfGatheringLinesOperated Gathering Lines
(j)
IncreaseMilesOfTrunkLinesForCrudeOilOperated Crude Oil
(k)
IncreaseMilesOfTrunkLinesForProductsOperated Products
(l)
DecreaseMilesOfGatheringLinesOperated Gathering Lines
(m)
DecreaseMilesOfTrunkLinesForCrudeOilOperated Crude Oil
(n)
DecreaseMilesOfTrunkLinesForProductsOperated Products
(o)
(A) OWNED AND OPERATED BY RESPONDENT
1
Blue Racer NGL Pipelines, LLC
Natrium Gas Plant
Follansbee, WV
58
8
2
Blue Racer NGL Pipelines, LLC
Natrium Gas Plant
Oak Grove, WV
15
10
3
Blue Racer NGL Pipelines, LLC
Berne Gas Plant
Natrium Gas Plant
28
8
40 Subtotal
101
(B) OWNED IN UNDIVIDED JOINT INTEREST AND OPERATED BY RESPONDENT
40 Subtotal
(C) OWNED IN UNDIVIDED JOINT INTEREST AND OPERATED BY OTHERS
40 Subtotal
(D) OWNED BY OTHERS BUT OPERATED BY RESPONDENT
40 Subtotal
GRAND TOTAL

FERC FORM NO.
6
(REV 12-00)
Page
602
Name of Respondent

Blue Racer NGL Pipelines, LLC
This Report Is:

(1)
☑ An Original

(2)
☐ A Resubmission
Date of Report

02/23/2023
Year/Period of Report

End of:
2022
/
Q4
Annual Cost of Service Based Analysis Schedule
  1. Use footnotes when particulars are required or for any explanations.
  2. Enter on lines 1-9, columns (b) and (c), the value the respondent's Operating and Maintenance Expenses, Depreciation Expense, AFUDC Depreciation, Amortization of Deferred Earnings, Rate Base, Rate of Return, Return, Income Tax Allowance, and Total Cost of Service, respectively, for the end of the current and previous calendar years. The values shall be computed consistent with the Commission's Opinion No. 154-B et al. methodology. Any item(s) not applicable to the filing, the oil pipeline company shall report nothing in columns (b) and (c).
  3. Enter on line 10, columns (b) and (c), total interstate operating revenue, as reported on page 301, for the current and previous calendar years.
  4. Enter on line 11, columns b and c, the interstate throughput in barrels for the current and previous calendar years.
  5. Enter on line 12, columns b and c, the interstate throughput in barrel-miles for the current and previous calendar years.
  6. If the company makes major changes to its application of the Opinion No. 154-B et al. methodology, it must describe such changes in a footnote, and calculate the amounts in columns (b) and (c) of lines No. 1-12 using the changed application.
  7. A respondent may be requested by the Commission or its staff to provide its workpapers which support the data reported on page 700.
Line No.
Item
(a)
Current Year Amount (in dollars)
(b)
Previous Year Amount (in dollars)
(c)
1
OperatingAndMaintenanceExpenses
Operating and Maintenance Expenses
11,323,402
11,745,767
2
DepreciationExpense
Depreciation Expense
9,563,916
7,434,025
3
AfudcDepreciationExpense
AFUDC Depreciation
244,610
226,305
4
AmortizationOfDeferredEarnings
Amortization of Deferred Earnings
676,955
435,454
RateBaseAbstract
Rate Base
5a
OriginalCostIncludedInRateBase
Rate Base - Original Cost
237,247,197
222,309,192
5b
UnamortizedStartingRateBaseWriteUp
Rate Base - Unamortized Starting Rate Base Write-Up
5c
AccumulatedNetDeferredEarningsIncludedInRateBase
Rate Base - Accumulated Net Deferred Earnings
21,430,736
14,101,332
5d
TrendedOriginalCostRateBase
Total Rate Base -Trended Original Cost - (line 5a + line 5b + line 5c)
258,677,933
236,410,524
RateOfReturnAbstract
Rate of Return % (10.25% - 10.25)
6a
AdjustedCapitalStructureRatioForLongTermDebtRateOfReturn
Rate of Return - Adjusted Capital Structure Ratio for Long Term Debt
47.78
48.99
6b
AdjustedCapitalStructureRatioForStockholdersEquityRateOfReturn
Rate of Return - Adjusted Capital Structure Ratio for Stockholders’ Equity
52.22
51.01
6c
CostOfLongTermDebtCapitalRateOfReturn
Rate of Return - Cost of Long Term Debt Capital
4.88
4.88
6d
RealCostOfStockholdersEquityRateOfReturn
Rate of Return - Real Cost of Stockholders’ Equity
10.35
10.35
6e
WeightedAverageCostOfCapitalRateOfReturn
Rate of Return - Weighted Average Cost of Capital - (line 6a x line 6c + line 6b x line 6d)
7.74
7.67
ReturnOnTrendedOriginalCostRateBaseAbstract
Return on Trended Original Cost Rate Base
7a
DebtComponentReturnOnRateBase
Return on Rate Base - Debt Component - (line 5d x line 6a x line 6c)
6,033,402
5,653,516
7b
EquityComponentReturnOnRateBase
Return on Rate Base - Equity Component - (line 5d x line 6b x line 6d)
13,979,168
12,480,101
7c
ReturnOnRateBase
Total Return on Rate Base - (line 7a + line 7b)
20,012,570
18,133,617
8
IncomeTaxAllowance
Income Tax Allowance
0
8a
CompositeTaxRate
Composite Tax Rate % (37.50% - 37.50)
9
CostOfService
Total Cost of Service
41,821,454
37,975,168
10
InterstateOperatingRevenues
Total Interstate Operating Revenues
25,753,684
22,762,832
11
NumberOfBarrelsReceivedAndDeliveredOutInterstate
Total Interstate Throughput in Barrels
19,685,795
13,829,287
12
NumberOfBarrelMilesReceivedAndDeliveredOutInterstate
Total Interstate Throughput in Barrel-Miles
680,264,552
452,633,366

FERC FORM NO.
6
(REV 12-00)
Page
700
XBRL Instance File
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