Magellan Midstream Partners announced in late March plans to build a condensate splitter and make infrastructure improvements to its’ Corpus Christi terminal for $250 million. According to company officials, the splitter will be able to process 50,000 b/d of condensate, supported by a long-term commitment from commodities trader Trafigura AG.
Double Eagle Pipeline, a partnership between Kinder Morgan and Magellan Midstream, is expanding to move more crude and condensate to the Houston Ship Channel.
Double Eagle Pipeline has signed an agreement with Anadarko Petroleum to extend its pipeline system and connect with the KMCC Pipeline to move crude to the Houston Ship Channel.
Magellan Midstream Partners has acquired a 15-mile, 16-inch Houston area pipeline from Shell. The pipeline is bi-directional, with capacity of 150,000 b/d.
The pipeline moves crude from Genoa Junction to/from a Magellan terminal in East Houston. [Read more…]
Double Eagle Pipeline, LLC, a joint venture between Kinder Morgan and Magellan Midstream, has started moving condensate to Corpus Christi.
The pipeline is part of a project that was started by Copano and Magellan, but is operated by Kinder Morgan who purchased Copano earlier in 2013. [Read more…]
Copano Energy and Magellan Midstream are planning a midstream joint venture (Double Eagle Pipeline LLC) that will construct almost 150 miles of pipe to deliver condensate to Magellan’s Corpus Christi marine terminal. Eagle Ford pipeline and midstream capacity will get a boost of 100,000 bbls/d when the system comes online. The system will also include a truck unloading facility near Three Rivers, TX.
The two companies will also make improvements to existing facilities. Copano will convert a 50-mile natural gas pipeline to condensate and Magellan will add 500,000 bbls of storage at the Corpus Christi terminal.
Magellan Midstream plans to expand a Houston area pipeline to expand the company’s Eagle Ford crude pipeline capacity. The six mile pipeline will help increase delivery of crude, being brought into the area from South Texas, into Houston and Texas City refineries.
Magellan Midstream Partners, L.P. (NYSE: MMP) announced today that it is further expanding its crude oil pipeline distribution capabilities in the Houston area to deliver domestic crude oil and condensate transported via third-party pipeline systems from the Eagle Ford Shale production area directly to local refineries. The project includes the construction of a 6-mile, 24-inch diameter crude oil pipeline between the pipeline interchanges of Genoa Junction and Speed Junction, which will connect to the 24-inch diameter crude oil pipeline along the Houston Ship Channel that was previously announced as part of the partnership’s Houston-to-El Paso pipeline reversal project, allowing Magellan to further distribute product to the Houston-area refineries. [Read more…]