Saddlehorn Pipeline Company, LLC and ARB Midstream, LLC have announced that they have launched an open season to seek transportation commitments for a joint tariff from the future Matador pipeline through the Saddlehorn pipeline to Cushing, Oklahoma. Interested customers must submit binding commitments by 5.00 pm. Central Time on 7 December 2018.
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"Open season for the Matador pipeline "
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The Saddlehorn pipeline, which is jointly owned by affiliates of Magellan Midstream Partners, L.P., Plains All American Pipeline, L.P. and Anadarko Petroleum Corporation, is currently capable of transporting 190 000 bpd of crude oil from the DJ Basin to storage facilities in Cushing owned by Magellan and Plains. The Matador pipeline is currently under development in Adams and Weld Counties, Colorado by DJ South Gathering, LLC, a subsidiary of ARB. The Matador pipeline is expected to be in-service by late 2019 with an initial capacity of 220 000 bpd and connectivity to Saddlehorn's Platteville, Colorado origin for ultimate delivery to the strategic Cushing storage hub.
Read the article online at: https://www.worldpipelines.com/business-news/08112018/open-season-for-the-matador-pipeline/