San Mateo Black River Oil Pipeline, LLC, a wholly-owned subsidiary of San Mateo Midstream, LLC, yesterday announced its binding open season to gauge shipper interest in committed crude oil interstate transportation service on the Rustler Breaks Pipeline Project, a proposed approximately 17 mile, 10 in. diameter crude petroleum gathering and transportation system to be constructed and operated by San Mateo from certain points of origin in Eddy County, New Mexico to an interconnect with Plains Pipeline, L.P. in Eddy County, New Mexico.
This open season provides an opportunity for shippers to support the project by making acreage dedications and volume commitments for priority (firm) service, or acreage dedications for non-firm committed service, thereby becoming committed shippers for the term of their transportation services agreements. The final volume of capacity for both committed and uncommitted service on the project will be determined by San Mateo in part based on the results of this open season.
The binding open season will begin 9 May 2018 at 8.00 am Central Time, and will end on 8 June 2018 at 5.00 pm Central Time.
Read the article online at: https://www.worldpipelines.com/business-news/09052018/open-season-for-crude-oil-pipeline-in-new-mexico/
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