Enterprise Products Partners LP (NYSE: EPD) on May 25 announced a binding open season for expansion capacity on its Enterprise Crude Pipeline LLC West Texas System, which transports crude oil from points in New Mexico to the company’s terminal in Midland, Texas. The expansion of the West Texas System is designed to facilitate growing production of crude oil from the Delaware Basin in New Mexico by providing much-needed pipeline takeaway capacity.
The open season is seeking customer commitments for incremental capacity on the West Texas System from ECPL’s Lynch, Hobbs and Red Hills stations in Lea County, New Mexico, to the Midland terminal. At Midland, shippers will have access to storage and terminal services, as well as connectivity to multiple transportation alternatives such as trucking and pipeline infrastructure that offer access to various downstream markets, including the Gulf Coast. Service on the expanded West Texas System is expected to begin in the third quarter of 2018.
The Binding Open Season Commitment Period will continue until 5 p.m. CT June 24, 2018. Additional details, including a notice of Binding Open Season Commitment Period and the required form of Transportation Services Agreement, will be distributed to potential shippers who execute a confidentiality agreement. Requests for additional information and the confidentiality agreement may be directed to Michael Cisarik at (713) 381-6460 or mjcisarik@eprod.com.
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