730-mile pipeline bound for Corpus Christi
Three companies have raised $1 billion to build a 730-mile oil pipeline from the heart of West Texas to the Gulf of Mexico in Corpus Christi in what would be the state’s longest pipeline since at least 2008.
The “EPIC” pipeline — which stands for Eagle Ford, Permian, Ingleside and Corpus — would transport upward of 440,000 barrels per day of crude oil and condensate out of the Permian Basin Shale field to the Corpus Christi region when it comes online in the first quarter of 2019.
Additionally, Eagle Ford connections could add upward of 150,000 barrels of capacity, bringing the total to 590,000 barrels a day.
“The Permian production is growing at an incredible rate with lots of money being spent on acquiring acreage, and the rig counts continue to grow,” said Jeff Dorrow, the vice president of business development for TexStar Midstream Logistics, the lead company on the project.
Read more: http://www.caller.com/story/news/local/texas/2017/03/03/730-mile-pipeline-bound-corpus-christi/98716220/