Binding Open Season Announced by SCM Crude

The binding open season to solicit binding commitments for priority crude oil interstate gathering and transportation service was announced by SCM Crude, LLC. SCM Crude is a wholly-owned subsidiary of Salt Creek Midstream, LLC.

The binding open season was announced on its proposed Delaware Basin crude oil gathering and transportation system. The binding open season started on 2 August 2019 at 8:00 am CT, and will end on 31 August 2019 at 5:00 pm CT. Based on the results of the open season, the final volume of capacity of the project will be determined by SCM.

An opportunity will be provided by the open season for shippers to demonstrate support for the project by making acreage dedications for priority service, thereby becoming priority shippers for the term of their crude oil gathering agreements.

With interconnects to certain takeaway pipelines, including pipelines with direct, long-haul transportation to the Midland, Texas area and the Corpus Christi, Texas area, the crude oil gathering and transportation project will be constructed and operated by SCM, across multiple segments spanning from various tank battery receipt points in Eddy and Lea Counties, New Mexico, to SCM’s Wink Terminal and Orla Terminal.

Source:
worldpipelines

Open Season Announced for Touchdown Crude Oil Gathering System

LM Touchdown Crude II, LLC, a subsidiary of Longhorn Midstream Holdings, LLC has launched a binding open season to solicit commitments to support the development of its Touchdown Crude Oil Gathering System in the Northern Delaware Basin.

The Greenfield pipeline system will initially gather crude oil from origination points and deliver to destination points in Eddy County, New Mexico.

The binding open season process will provide potential customers with the opportunity to obtain crude oil gathering and transportation service by making commitments during the binding open season.

The binding open season for the initial phase of the gathering system commenced on 15 July, 2019 at 8 am CT. The open season is scheduled to conclude at 5 pm CT on 14 August, 2019.

Source:
worldpipelines