Oasis Petroleum Inc. (Oasis) has announced that Oasis Midstream Services LLC (OMS), a wholly-owned subsidiary of Oasis, is commencing a binding open season for the Johnson's Corner pipeline project; a new crude oil pipeline to be constructed in McKenzie County, North Dakota (USA).
The project is a 19 mile, 10 in. dia. pipeline, which connects the Wild Basin field development with Johnson's Corner. The project has anticipated the operating capacity to be approximately 50 000 bpd of crude oil.
The open season will commence on Friday, 8 April 2016 at 8:00 a.m. Central Daylight Time, and will close on Monday, 9 May 2016 at 5:00 p.m. Central Daylight Time.
Bona fide prospective shippers that seek information on the committed service to be offered on the pipeline, wish to have access to the open season documents, which consist of an Information Memorandum, Pro Forma Transportation Services Agreement, and a draft oil pipeline tariff terms and conditions, or want to discuss the project with OMS' representatives, are first required to execute a confidentiality agreement with OMS.
Magellan Midstream Partners and Plains All American Pipeline has announced that their jointly owned company – BridgeTex Pipeline – has extended its open season to 15 February for new Eaglebine origin.