A plethora of Permian Basin crude oil and condensate pipeline projects can welcome another to the mix as ExxonMobil Corp. and Plains All American Pipeline LP are pondering a joint venture to transport more than 1 million b/d to the Texas coast.
Articles from Mccamey
Plains All American Pipeline LP (PAA) is constructing the Cactus Pipeline, a 310-mile, 20-inch diameter crude oil pipeline from McCamey to Gardendale, TX. It is expected to enter service during the first quarter of 2015. The partnership said it has a long-term agreement for a majority of the pipeline’s capacity and is talking with other potential shippers. The pipeline is expected to cost $350-375 million and transport both sweet and sour crude oil from the Permian Basin to the PAA/Enterprise Products Partners Eagle Ford Joint Venture (Eagle Ford JV) Pipeline. The Eagle Ford JV Pipeline directly serves the Three Rivers and Corpus Christi markets and can supply the Houston-area market through a connection to the Enterprise South Texas Crude Oil Pipeline. Crude oil delivered on Cactus will have access to rail loading capacity at PAA’s Gardendale station and access to the Eagle Ford JV barge dock facility in the Corpus Christi area. Initial capacity will be about 200,000 b/d.