Enterprise Products Partners LP announced that it would hold a binding open season to determine shipper demand for capacity on its proposed crude oil pipeline from North Dakota to Cushing, Okla.
The pipeline would originate in the Williston Basin in North Dakota and also serve the Powder River and Denver-Julesburg Basins. The pipeline, known as the Bakken-to-Cushing Pipeline, would be 30 inches in diameter and extend for about 1,200 miles to the Cushing hub in Oklahoma. Currently, the pipeline’s design gives it an initial capacity of about 340,000 barrels per day (bbl/d) of crude oil, and makes it expandable to more than 700,000 bbl/d. The pipeline would have the capability to transport up to six grades of crude oil and products, including Rockies condensate and processed condensate.
Subject to sufficient firm commitments, the pipeline is expected to begin service in fourth-quarter 2016, and should be fully operation by third-quarter 2017. The open commitment period began on Sept. 4 and will close on Oct. 17 at 5 p.m. Central Daylight Time.
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