New pipeline delivering Permian crude oil to Corpus Christi
Fuel Fix:
San Antonio pipeline operator EPIC Midstream has made its first delivery of Permian Basin crude oil to the Port of Corpus Christi.EPIC expects its crude oil pipeline to be available in January 2020. It will join two other new pipelines that can deliver Permian crude oil to Corpus Christi for export. It should allow producers in West Texas to increase production and finish many of the wells that have been drilled but not completed.
In a statement released Monday morning, EPIC reported using the company's 24-inch natural gas liquids pipeline to send a shipment of crude oil from West Texas town of Crane to various terminals in Corpus Christi and Ingelside.
EPIC is temporarily using the natural gas liquids pipeline to ship crude oil amid increased production in the Permian Basin but limited pipeline options to get it to market. The company is building a West Texas to Corpus Christi crude oil pipeline but in the meantime, the Y-Grade natural gas liquids pipeline will be able to deliver up to 400 thousand barrels of crude oil per day.
"Providing interim service adds much-needed takeaway capacity in the Permian Basin, which supports continued development and highlights the strategic value of our assets," EPIC's CEO Phillip Mezey said in a statement.
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