Medallion Pipeline launches binding open season

Medallion Pipeline Company LLC, a subsidiary of Medallion Midstream LLC, has announced a binding Open Season which solicits long-term commitments from shippers for firm transportation capacity on the third major expansion of Medallion’s existing crude oil pipeline system.

The current project proposed by the Open Season will extend and expand the geographic scope of the existing 320-mile system:

• The ‘Howard Lateral’ is a proposed 45 000 bpd bi-directional crude oil pipeline, which will extend from multiple origin points in Howard County, Texas approximately 49 miles to the southeast to a new point of interconnection on Medallion’s Wolfcamp Connector mainline system in Glasscock County, Texas.
• An integral part of the overall project is a proposed 30 000 bpd expansion of Medallion’s existing Wolfcamp Connector mainline system which originates at the Garden City Station in Glasscock County and extends approximately 60 miles north to the Colorado City hub in Scurry County, Texas.

The binding Open Season is to obtain long-term volume commitments for firm transportation capacity on the Howard Lateral and the Wolfcamp Connector expansion (referred to as the Expansion Project). The Open Season provides an opportunity for interested shippers to acquire long-term firm capacity, under minimum 10-year term Transportation Service Agreements and other eligibility requirements, as a Committed Firm Shipper on the Expansion Project. The Expansion Project is anticipated to commence full commercial operations in 2Q16.

Edited from press release by Angharad Lock

Read the article online at: https://www.worldpipelines.com/business-news/10022016/medallion-pipeline-announces-binding-open-season-2440/