SCM Crude, LLC announces binding open season
Published by Aimee Knight,
SCM Crude, LLC (SCM), a wholly-owned subsidiary of Salt Creek Midstream, LLC, has announced its binding open season to solicit binding commitments for priority (firm) crude oil interstate gathering and transportation service on its proposed Delaware Basin crude oil gathering and transportation system.
The crude oil gathering and transportation project will be constructed and operated by SCM across multiple segments spanning from various tank battery receipt points in Eddy and Lea Counties, New Mexico, to SCM’s Wink Terminal and Orla Terminal, with interconnects to certain takeaway pipelines, including pipelines with direct, long-haul transportation to the Midland, Texas area and the Corpus Christi, Texas area.
This open season provides an opportunity for shippers to demonstrate support for the Project by making acreage dedications for priority service, thereby becoming priority shippers for the term of their crude oil gathering agreements. The final volume of capacity of the Project will be determined by SCM, in part based on the results of this open season.
Open season process
The binding open season began on 2 August 2019 at 8:00 am CT, and ends on 31 August 2019 at 5:00 pm CT.
Read the article online at: https://www.worldpipelines.com/business-news/05082019/scm-crude-llc-announces-binding-open-season/
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