Oryx launches binding open season for expansion project
Published by Aimee Knight,
Editorial Assistant
World Pipelines,
Oryx Delaware Oil Transport LLC (ODOT) has announced the launch of a binding open season to obtain volume commitments to support a proposed expansion of a portion of ODOT’s pipeline system. Specifically, the company is proposing an expansion of capacity on the ODOT system from ODOT’s Crane Station in Crane, Texas to the destination point at Gray Oak Pipeline, LLC’s Crane Station, also in Crane, Texas (the Expansion). The Open Season began at 8:00 am CDT, on 18 May, 2020 and is scheduled to end at 5:00 pm CDT on 17 June, 2020.
The open season process provides potential shippers the opportunity to obtain firm capacity on the Expansion by making volume commitments to ODOT during the binding open season timeframe. Shippers that elect to execute a transportation services agreement and make volume commitments on the Expansion during the binding open season will receive firm capacity rights up to an amount equal to each shipper’s elected volume commitment.
About Oryx Midstream ServicesMidland-based Oryx Midstream is the largest privately held midstream crude operator in the Permian Basin. The company owns and operates a crude oil gathering and transportation system underpinned by nearly one million acres under long-term dedications from more than 30 customers. The system’s 2.9 million bbls of storage and approximately 1550 miles of in-service pipeline span ten counties in Texas and two in New Mexico.
Read the article online at: https://www.worldpipelines.com/business-news/19052020/oryx-launches-binding-open-season-for-expansion-project/
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