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Tuesday, April 16, 2013

Not The Bakken, But Two More Pipelines From The Permian --

Oil & Gas Journal is reporting.

From the Permian, two new pipelines: a) Kinder Morgan announced a 277K bopd crude oil pipeline from the Permian to California last month; b) Plains All American announced a 220K bopd crude oil pipeline from the Permian to the Gulf coast, the Cactus Pipeline.

Cactus Pipeline data points:
  • in-service 1Q15
  • both sweet and sour crude oil
  • from the Permian Basin to the PAA-EPD Eagle Ford Joint Venture Pipeline
  • terminal: Three Rivers and Corpus Christi markets; can supply the Houston area through a connection to the Enterprise South Texas Crude Oil Pipeline
  • access to CBR at PAA's Gardendale station
  • access to the barge dock facility in the Corpus Christi area
  • pipeline capacity scalable
Again: CBR and barge.

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