Permian Pipeine Update -- October 29, 2019

This was posted earlier, but might have been lost; so much was posted that day.

• Permian pipeline -- EPIC Crude Oil Pipeline -- launches another open season -- Rigzone -- dated October 28, 2019 -- I don't know if this is old news / previously reported / new news; things happening so fast; will come back to it later; 
• Another pipeline -- Enterprise -- EPD -- third Midland-to-ECHO oil expansion by 3Q20; again, can't keep up; old news / previously reported / new news? I don't know; I will come back to this later; 

EPIC Crude Oil Pipeline:

• third open season
• first two open seasons were successful; both closed back in 2018
• pipeline services the Permian and the Eagle Ford
• runs parallel to the EPIC Y-Grade Pipeline from Orla, TX, to the Port of Corpus Christi, TX
• in August, 2019, EPIC launched 24-inch-diameter Y-Grade Pipeline
• carries up to 400,000 bopd of crude oil
• new work: mainline construction of the 30-inch Crude Oil Pipeline in January, 2020
• will be expandable to 900,000 bpd
• also: EPIC Crude Export Dock in Corpus Christi will finish 4Q19: will be capable of loading Aframax oil tankers -- tankers can carry 750,000 bbls crude oil
• EPIC also building a second crude export dock that will be able to load Suezmax tankers -- tankers can carry one million bbls crude oil

Midland-to-ECHO

• third expansion
• will add 450,000 bopd
• a fourth expansion, also, 450,00 bopd, will allow the company to convert the Seminole pipeline back to NGL service
• to be complete by 3Q20
• this is the third expansion of this pipeline
• was called the Seminole pipeline (now called the Midland-to-ECHO 2 pipeline)
• EPD can transport at optimum cost, 1.3 million b/d
• if the market needs more capacity, EPD can ramp up that capacity to 1.8 million b/d with zero capital
• EPD moved an average of 2.3 million b/d through its pipelines in 3Q19, up 21% from a year earlier