Binding Open Season Announced for Thunder Creek NGL Pipeline

A binding open season to secure volume dedications for the proposed construction and development on its existing Thunder Creek NGL Pipeline system was announced by Meritage Midstream. The binding open season started at 8:00 AM MT on June 10, 2019 and is scheduled to conclude at 5:00 PM MT on July 10, 2019.

The pipeline will transport NGLs from two processing plants in Campbell and Converse counties, Wyoming, to an interconnection point with ONEOK's Bakken Pipeline in Converse County.

Meritage said the open season seeks to obtain volume dedications from shippers to the following proposed new movements:

1. Originating from Thunder Creek Gas Services' 50 Buttes Process Plant in Campbell County with a destination at an interconnection with ONEOK Bakken Pipeline in Converse County, and

2. Originating from Thunder Creek's Steamboat I Natural Gas Plant in Converse County, with a destination at an interconnection with ONEOK Bakken Pipeline in Converse County, Wyoming.

The proposed new origin and destination points will allow potential shippers to move product from Thunder Creek plants in the Powder River Basin to a newly established interconnect with ONEOK Bakken Pipeline at Well Draw in Converse County.

It will then provide access to ONEOK’s Niobrara Lateral, which will ultimately access newly created capacity on ONEOK’s Elk Creek expansion. The new movements is expected to be completed in the third quarter of 2019, subject to shipper demand.

Source:
pgjonline

Iron Horse Pipeline Receives Temporary Embargo As River Floods

Last week, Tallgrass Energy LP placed a temporary embargo of deliveries for both the Tallgrass Iron Horse Pipeline and the Pony Express Pipeline, because of the major flooding in Oklahoma on the Cimarron River.

The Iron Horse pipeline is a project between Tallgrass Energy and Silver Creek Midstream with the goal to allow access of crude oil from Powder River Basin to Guernsey, Wyoming. When operations are safe to begin again, they are to restore service. 

The flooding is causing major concerns as reports say 10 homes have fallen into the water since water levels began to rise last week.

The Cimarron River extends 698 miles across New Mexico, Oklahoma, Colorado, and Kansas.

Source:
Reuters

Open Season Announced for Bayou Bridge Pipeline System

Bayou Bridge Pipeline, LLC, a joint venture owned by subsidiaries of Energy Transfer and Phillips 66 Partners recently announced a non-binding expansion open season that commenced at 1 pm CT on 22 April 2019 to solicit shipper interest for expanded joint tariff transportation service received from certain connecting carriers onto the Bayou Bridge Pipeline System.

Energy Transfer owns 60% and Phillips 66 Partners owns 40% of the Bayou Bridge Pipeline system. It is operated by a wholly owned subsidiary of Energy Transfer Operating, L.P. Bayou Bridge is evaluating joint tariff service from origin points in the Bakken/Three Forks Region in North Dakota; Patoka, Illinois; the Powder River Basin in Wyoming; the DJ Basin in Colorado; Cushing, Oklahoma; and the Permian Basin.

Bayou Bridge also continues to evaluate additional Southern Louisiana destination points to increase options for shippers on the system,in addition to the routes that are the subject of this non-binding expansion open season. Bayou Bridge will hold a binding expansion open season to finalize committed subscriptions, following the confirmation of shipper interest.

Source:
worldpipelines

Genesis Energy Sells Pipeline Assets as Wyoming Emerges as Newest Big Shale Play

Houston's Genesis Energy is selling its Powder River Basin pipeline assets in Wyoming for $300 million.

With oil companies looking for the next big find, many have turned to the Powder River Basin of Wyoming that offers less congested and cheaper land than in the Permian Basin.  

Genesis is unloading its facilities in what is considered to be the next big emerging shale play in the country. Independent Houston producers such as EOG Resources and Anadarko Petroleum are all expanding in Wyoming.

Genesis is selling its pipeline, rail and oil gathering assets in the Powder River Basin to Dallas-based Silver Creek Midstream, which is looking to grow its Wyoming presence.

Genesis plans to use the cash proceeds to reduce its debt. While Genesis is primarily a pipeline business, it has spent over a billion dollars expanding into the alkali mining business in Wyoming.

Source:
Houston Chronicle

Tallgrass Energy Partners, Silver Creek Midstream Announce Iron Horse Pipeline Joint Venture

The above map depicts the planned Iron Horse Pipeline and associated Silver Creek and Tallgrass infrastructure. Note: The Silver Creek Midway Terminal, Iron Horse Pipeline, and Tallgrass Guernsey Terminal are under construction. (Graphic: Business Wire)

The above map depicts the planned Iron Horse Pipeline and associated Silver Creek and Tallgrass infrastructure. Note: The Silver Creek Midway Terminal, Iron Horse Pipeline, and Tallgrass Guernsey Terminal are under construction. (Graphic: Business Wire)

Tallgrass Energy Partners and Silver Creek Midstream announced plans to develop the Iron Horse Pipeline, a joint venture to move crude oil from the Powder River Basin to Guernsey, Wyoming.

Iron Horse will connect Silver Creek's developing gathering system to Tallgrass' Guernsey Terminal, which is currently being built, and then to Tallgrass' Pony Express crude pipeline system as well as other pipelines at Guernsey.

Tallgrass has also signed documents to sell its 50-mile Powder River Basin crude oil gathering system to Silver Creek, helping to position Silver Creek as the preeminent crude oil gathering company in that basin.

Tallgrass will own 75 percent of the joint venture and operate the 80-mile, 16" pipeline. Silver Creek will own the remaining 25 percent.

Iron Horse is expected to be in service in the first quarter of 2019 and to have an initial capacity of 100,000 barrels per day with the potential for significant expansion.

Source:
PennEnergy