Alpha Crude Connector Announces Additional Open Season
Through its management company Frontier Energy Partners, Alpha Crude Connector LLC has launched an additional open season to for the Alpha Crude Connector Pipeline. The open season ends on May 31.
The Alpha Crude Connector Pipeline is a recently constructed, FERC regulated, crude oil transportation pipeline located in Lea and Eddy counties, New Mexico, and Culberson, Loving, Reeves and Winkler counties, Texas. The approximately 400-mile system came online in November 2015. The pipeline is capable of transporting more than 100,000 barrels per day (bpd) of crude oil from numerous lease tank batteries and other field receipt points, including the outlet of the Red Hills truck unloading facility, in the northern Delaware Basin.
The system will have more than 300,000 barrels of operational breakout storage to provide increased reliability to shippers. By bidding for capacity on the pipeline, producers and marketers will have the option to deliver crude through the system to multiple downstream pipelines and a rail terminal, providing access to local refineries, Cushing, Oklahoma, and the U.S. Gulf Coast.
Alpha intends to conduct an additional open season to obtain long-term acreage or long-term volume commitments for this new crude oil transportation system. This new open season will provide an opportunity for interested shippers to present bids for long term transportation commitments for capacity rights at competitive rates.
The open season began May 1. All bids must be submitted to Alpha by 5 p.m. Central, May 31. Additional information regarding the Alpha Crude Connector Pipeline and the open season can be found at frontierenergyllc.com. All requests for documents, presentation of bids and other correspondence should be directed to Mindy Stephens, vice president of supply and marketing, by calling (918) 388-8403 or by email at mstephens@frontierenergyllc.com.
Tags: Alpha Crude Connector Pipeline, crude oil, Delaware Basin, Frontier Energy Partners LLC
Comments are closed here.