EPIC Pipeline Co. LLC is offering capacity in a proposed crude oil and condensate pipeline that would run from the Permian Basin to Corpus Christi, TX, with multiple receipt points in the western Permian serving producers in the Delaware and Midland sub-basins.
The pipeline would consist of 730 miles of 16-, 20-, 24- and 30-inch diameter pipe with capacity to deliver up to 440,000 b/d of crude and condensate from the Delaware and Midland basins to the Corpus Christi market area.
San Antonio-based EPIC is holding an open season through April 15 for the first 200,000 b/d of capacity with a potential second open season that could offer terms different from the first. If held, the second open season may also include takeaway capacity from intermediate points on the line between the Permian Basin and Corpus Christi that would allow access for production from the Eagle Ford Shale.
The project would include at least four receipt points for crude oil and condensate in Texas including Orla, Pecos, Crane and Midland. Crude oil delivery points would include connectivity to an EPIC affiliate’s marine terminal on the Corpus Christi Inner Harbor as well as additional destinations in the Taft, TX, and Corpus Christi area. The pipeline could be operational during the first quarter of 2019.
“What our pipeline is able to do is get tons of interconnectivity in the Corpus market, both refining and waterborne, so it’s going to be a fair mix, but there will be barrels getting on the water,” Jeff Dorrow, vice president of business development for project partner Texstar Midstream Logistics LP, told NGI’s Shale Daily.
“The Permian Basin is going to become pipeline takeaway-constricted based on different projections that a lot of the investment community has been putting together in ”19 to ”20. And so the construction timeline is timely because not only does our pipeline add takeaway capacity but it also serves a completely different market versus Cushing [OK] and Houston; Corpus is the differentiation.”
EPIC is being sponsored by TexStar Midstream, Castleton Commodities International LLC, and Ironwood Midstream Energy Partners LLC. “TexStar and its partners are excited to extend our business into the Permian Basin, where we see tremendous opportunity and continued growth,” said Phil Mezey, CEO of TexStar’s general partner.
For information, contact EPICPipeline@texstarlogistics.com or call Dorrow at (210) 587-6039.
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