Medallion commences crude oil operations

Medallion Pipeline Company, LLC, a subsidiary of Medallion Midstream, LLC, today announced that it has successfully commenced operations of approximately 97 miles of its Midland Basin crude oil gathering and transportation system. On 10^th October, 2014 Medallion began initial deliveries of crude oil into the BridgeTex Pipeline from its 60 mile Wolfcamp Connector pipeline and approximately 37 miles of its Reagan Gathering Extension pipeline. The Medallion system has initial capacity to accept 65 000 bpd of crude oil and is scalable to approximately 150 000 bpd.

An open season for capacity on both pipelines was closed successfully on 3^rd February, 2014. Medallion expects the remaining portion of its Reagan Gathering Extension along with truck unloading stations at its Reagan Station and Garden City Station to be operational before the end of the year.

“I am extremely proud of the Medallion team for bringing our crude oil system into service safely and on schedule,” said Randy Lentz, Chief Executive Officer of Medallion. “Medallion’s crude oil system provides a critical intra-basin link between our customer’s oil production and multiple long haul take-away pipelines at Colorado City, including the BridgeTex Pipeline that is now moving crude oil out of the constrained Midland Basin to the Gulf Coast.”

Adapted from press release by Hannah Priestley-Eaton

Read the article online at: https://www.worldpipelines.com/business-news/16102014/medallion-commences-crude-oil-operations/