Follow on Google News News By Tag Industry News News By Place Country(s) Industry News
Follow on Google News | TexStar Midstream Services, LP Launches Binding Open Season for the TexStar Crude Oil Pipeline, LPTexStar Midstream Services, LP Launches Binding Open Season for the TexStar Crude Oil Pipeline, LP to Deliver Eagle Ford Crude Oil and Condensate to Corpus Christi
By: Michelle Crutchfield TexStar is building and will operate a new 110-mile pipeline comprised of 12-inch and 8-inch diameter pipe that will have the capacity to move 100,000 barrels per day of crude and condensate from Frio, LaSalle and McMullen counties to Oakville, Texas, where TexStar plans to lease a portion of NuStar Logistics, L.P.’s 16-inch pipeline to move crude and condensate from Oakville to NuStar’s Corpus Christi Terminal. The North Beach Terminal has approximately 2 million barrels of storage capacity and NuStar is actively developing expansion opportunities to increase its marine loading capabilities and to provide pipeline deliveries to the local markets. The North Beach Terminal will be capable of loading ocean going barges and ships. In addition, approximately 1 million barrels of new tankage and truck unloading facilities will also be built along the pipeline system with the ability to add additional storage in the future as the need develops. “We are excited to move this project to final regulatory approval and construction completion,” Following the completion of the open season, which closes at 12 p.m. (Central) on January 20, 2012 and subject to receipt of sufficient contractual commitments from shippers, TexStar intends to proceed with the final regulatory approvals and prepare for full operation to provide transportation services of Eagle Ford crude and condensate to Corpus Christi. For more information, parties are invited to visit www.texstarms.com # # # San Antonio, Texas-based TexStar Midstream Services, LP provides a full range of midstream services to its customers including gathering, treating, and processing by reactivating idle pipelines and constructing new pipelines in South Texas. TexStar's management has decades of experience operating midstream assets in South Texas and has owned and operated over 1,500 miles of pipeline and two large gas processing plants. End
Account Email Address Account Phone Number Disclaimer Report Abuse
|
|