Energy Transfer Launches Open Season for Texas-New Mexico Pipeline
Energy Transfer Partners LP is exploring the viability of a new crude oil pipeline between Texas and New Mexico.
The company announced its affiliate ETP Crude LLC has commenced a binding open season for the Delaware Basin Crude Gathering Pipeline, which will have the capacity to accept approximately 120,000 barrels per day (bpd) of crude from receipt points located in Reeves County, Texas, and Lea County, New Mexico, for transportation to delivery points in Loving County, Texas, and Lea County, New Mexico. Interstate service on the Delaware Pipeline will be subject to the jurisdiction of the Federal Energy Regulatory Commission (FERC).
This project, when completed, will consist of three separate gathering systems with an aggregate of approximately 130 miles of pipe. The gathering systems will deliver crude oil into the Sunoco Logistics Partners LP Delaware Basin Extension. The pipeline is projected to be in service in the first half of 2016.
The open season began Aug. 5 and will run until to Sept. 4. All bids must be submitted to ETP Crude by 5:00 p.m. Central Time on Sept. 4, 2015. Additional information regarding the pipeline and the open season can be found on Energy Transfer’s website at energytransfer.com/ops_etp_crude.aspx.
Tags: Delaware Basin Crude Gathering Pipeline, Energy Transfer Partners, ETP Crude LLC
