BridgeTex pipeline to deliver crude from Permian Basin to Houston Gulf Coast
Magellan Midstream Partners and Occidental Petroleum are proceeding with the construction of the previously announced BridgeTex Pipeline to transport Permian Basin crude oil from Colorado City, Texas to the Houston Gulf Coast area.
The BridgeTex Pipeline is supported by long-term transportation commitments received during its recent successful open season, and it has received a favorable order from the Federal Energy Regulatory Commission. The order approved the tariff structure for the pipeline.
The pipeline will be capable of transporting up to 300,000 bpd of crude oil, with access to Houston Ship Channel refineries, Texas City refineries and other refineries throughout the Gulf Coast via third-party pipelines. The BridgeTex Pipeline project includes construction of the following energy infrastructure:
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Approximately 400 miles of 20-inch pipeline from Colorado City to Magellan's terminal in East Houston
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Approximately 1.2 million barrels (MMbbl) of crude oil storage in Colorado City and 1.4 MMbbl of crude oil storage in East Houston to facilitate pipeline movements
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Nearly 50 miles of 24-inch pipeline between East Houston and Texas City.
The pipeline is expected to begin service by mid-2014, subject to necessary permitting.
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