Open Season Extended for the Proposed Voyager Pipeline

An extension of the open season to solicit commitments from shippers for the proposed Voyager Pipeline was announced by Magellan Midstream Partners, L.P. and Navigator Energy Services. The pipeline will transport crude oil from Cushing, Oklahoma and Midland, Texas to Houston.

The proposed Voyager Pipeline would include construction of 20 inch diameter pipelines from both Magellan’s Cushing and Midland terminals to Magellan’s terminal in Frost, Texas and a 24 inch diameter pipeline would be constructed from Frost, Texas to Magellan’s terminal in East Houston.

The Pipeline is expected to have an initial capacity of up to 400,000 barrels per day, with the ability to expand if necessary by industry demand. It is expected to be operational in early 2021, subject to receipt of sufficient customer commitments and all necessary permits and approvals. Binding commitments are now due by 12:00 pm CDT on 30 August 2019.

Source:
worldpipelines

Open Season Extended for Cushing to Houston Voyager Pipeline

An extension of the open season to solicit commitments from shippers for the proposed Voyager Pipeline was announced by Magellan Midstream Partners, L.P. and Navigator Energy Service. The pipeline will transport various grades of light crude oil and condensate from Cushing, Oklahoma to Houston, Texas.

The pipeline would include construction of nearly 500 miles of 20 in. or 24 in. diameter pipeline from Magellan's terminal in Cushing to Magellan's terminal in East Houston. Binding commitments are now due by noon of 31 May 2019 CDT.

At the Cushing origin, the Voyager Pipeline would provide shippers option to originate deliveries at Cushing from the Magellan-operated Saddlehorn Pipeline serving the Rockies and Bakken production regions, Navigator's Glass Mountain Pipeline serving the Mid-Continent basin, as well as other connections within the strategic Cushing crude oil hub.

At the destination, Magellan's comprehensive Houston crude oil distribution system could further deliver the multiple grades of crude oil to the Houston and Texas City refineries or to crude oil export facilities, such as the terminal owned by Seabrook Logistics, LLC, which is owned 50% by Magellan.

The pipeline is expected to have an initial capacity of at least 300,000 bpd and it is planned to be operational in late 2020, subject to receipt of sufficient customer commitments and all necessary permits and approvals.

Source:
worldpipelines

Magellan's Open Season for 500 Mile Pipeline Announced as Possibilities of New Houston to Corpus Christi Pipeline is Evaluated

Magellan Midstream Partners and Navigator Energy Services announced the launch of a binding open season on Monday to gauge customer interest in a pipeline project designed to ship light crude and condensate from Cushing, Oklahoma to Houston, Texas.

According to Magellan, the proposed Voyager pipeline would compromise of nearly 500 miles of 20-inch diameter pipe linking the company’s terminals in Cushing and East Houston. Once it reaches Houston, the pipe would link to refineries in the region as well as crude oil export facilities.

The open season documentation states that a new entity called “Magellan Navigator” would operate Voyager. Initial capacity is said to be at least 250,000 barrels per day and would handle up to four light crude and condensate grades.

Magellan also said that the company is evaluating a potential crude oil pipeline from Houston to Corpus Christi as well as a crude export terminal on Harbor Island with capabilities of loading very large crude carriers.

The open season ends January 31, 2019 with the pipeline beginning service by the end of 2020 pending a successful open season and regulatory process.

Source:
Rig Zone

NuStar Energy to Purchase Navigator Energy for $1.5 Billion to Increase Pipeline Presence in West Texas

Pipeline operator NuStar Energy said Tuesday it plans to purchase Navigator Energy Services for $1.5 billion in order to expand its presence in the booming Permian Basin.

In the sale, NuStar will acquire about 500 miles of crude oil pipelines, 1 million barrels of crude storage capacity, and a pipeline gathering system spanning over 500,000 acres.

"We are excited about starting 2017 with a strategic acquisition, and the addition of Navigator’s Permian assets marks NuStar’s entry into one of the most prolific basins in the United States,” said NuStar President and CEO Bradley Barron in a statement.

As West Texas continues to see growth, many other pipeline operators have signed on to build pipelines in the Permian, including Kinder Morgan, Plains All American Pipeline, Phillips 66, and Namerico.

NuStar's purchase of Navigator Energy Services should close by mid to late May 2017.

Source:
NuStar Energy