Open Season Extended for Tallgrass Energy’s Pony Express Pipeline

Tallgrass Energy, LP has announced that it has extended and expanded its open season soliciting shipper commitments for crude oil transportation services.

The open season, initially announced on 13 November 2018, has been extended to 14 April 2019. This is to reflect updated rates and contracting options to accommodate newly secured commitments.

The 760-mile Pony Express crude oil pipeline originates in Guernsey, Wyo., and runs through Colorado, Nebraska and Kansas, connecting with three refineries before terminating in Cushing, Okla.

Placed in service in 2014, Pony Express has a design capacity of 320,000 barrels a day, and based on a number of factors has the capacity to transport additional barrels.

Sources:
worldpipelines
tallgrassenergylp

Plains All American Pipeline to Start Construction on Cactus II Pipeline

Plains All American Pipeline has secured enough shipper commitment to start construction on its Cactus II Pipeline, the company said in a statement.

The pipeline will connect the Permian Basin with the crude oil export market in Corpus Christi.

Cactus II will be a combination of new and existing pipelines and will expand the system's crude capacity from 390,000 barrels per day to 575,000 barrels per day.

The pipeline company said it will also start a second open season for customers to commit shipment on the Cactus II system.

Cactus II is expected to be completed by late 2019.

Although Plains' original Cactus Pipeline is the only major oil pipeline connecting the Permian to Corpus Christi, several Permian-to-Corpus pipeline projects are underway, including some by major players like Phillips 66 and Enbridge.

Source:
Houston Chronicle

Catalyst Midstream Partners Announces Open Season for New Crude Pipeline System in Delaware Basin

Catalyst Midstream Partners announced Friday it has launched a binding open season for shipper commitments to a new crude oil pipeline system that would serve the Delaware Basin.

The system would include 50 miles of crude oil gathering and transportation pipelines with a capacity of 125,000 barrels per day. The system would deliver to a terminal facility located in Loving County, Texas, which has a capacity of 50,000 barrels.

Construction has already begun on the pipeline and is expected to be fully operational by the fourth quarter of 2018.

Catalyst Midstream Partners is a joint venture between Howard Energy Partners and WPX Energy Inc.

Source:
Business Wire

Keystone XL Has Received Adequate Shipper Commitment, Says TransCanada

TransCanada announced Thursday that it has received adequate crude oil shipping support for its delayed Keystone XL pipeline of about 500,000 barrels per day, although the parties still need to work out specific terms.

The Keystone XL pipeline project, which would move 830,000 barrels per day of Canadian crude to U.S. refineries, has been delayed for more than eight years due to regulatory hurdles and environmental opposition.

TransCanada had previously said it was waiting to assess shipper commitment before deciding if it would continue pursuing the Keystone XL project. The company is also waiting to hear from Nebraska on whether the pipeline will be allowed to pass through the state. Nebraska is the only U.S. state that has not yet approved the pipeline path.

TransCanada will decide by December on whether to proceed with the project.

Source:
Reuters

TransCanada Announces Open Season Extension for Keystone After Harvey Destruction to U.S. Gulf Coast

TransCanada Corp announced Wednesday it will extend the open season for its Keystone system due to the record-breaking flooding and damage in the U.S. Gulf Coast caused by Hurricane Harvey.

The open season for shipper commitment is now extended to October 26 from September 28 for the existing Keystone and the proposed Keystone XL pipelines that will carry crude from Alberta's oil sands to Cushing, Oklahoma and the Gulf Coast.

Harvey's floods caused nearly a quarter of U.S. refining capacity to shut down nearly two weeks ago. Major liquids pipelines were also forced to stop operations, and crude production came to a halt.

TransCanada's existing 590,000 barrels-per-day Keystone pipeline is already in operation, but its proposed 830,000 barrels-per-day Keystone XL has been delayed for several years. President Trump approved the pipeline proposal when he took office in January after it had been denied under former President Obama in 2015.

Industry leaders are questioning Keystone XL's need, however, now that two other major crude export pipelines are also in progress.

Source:
Reuters

TransCanada Seeks Additional Shipper Commitments for Keystone Pipeline System

TransCanada is seeking additional commitments for the transportation of crude oil on its Keystone pipeline system.

The pipeline operator launched an open season Thursday for additional commitments on the Keystone Pipeline and the Keystone XL Pipeline project from Hardisty, Alberta to markets in Cushing, Oklahoma and the U.S. Gulf Coast. The binding season will end September 28.

TransCanada's Keystone XL is still awaiting route approval from the state of Nebraska, which just ended its public hearings on the project Wednesday. A more formal hearing before the state's Public Service Commission which the general public will not be able to participate in is scheduled for August 7 through 11 in Lincoln, Nebraska.

Source:
Lincoln Journal Star
TransCanada

TransCanada Reconsidering U.S. Shipper Commitments on Keystone XL

TransCanada is reconsidering the interests of producers in North Dakota and Montana to ship oil on its delayed Keystone XL now that U.S. producers have other shipping options, such as the Dakota Access Pipeline.

In 2011 TransCanada had approved five-year contracts to transport crude from North Dakota and Montana by way of a proposed five-mile access pipeline that would connect to Keystone XL. The access pipeline has yet to be constructed due to several changes in the market.

In 2010, two years after Keystone XL had first been proposed, TransCanada was pressured by officials from North Dakota and Montana to allow U.S. crude on the pipeline that TransCanada originally intended to only move Canadian oil through the states. Not allowing U.S. access to the line could have meant pipeline route rejection from the states.

The North Dakota Petroleum Council said that although it may still want the option to use Keystone XL, it may not be as critical anymore.

The North Dakota Pipeline Authority said that re-submitting to Keystone XL will depend on the timing of the project and where the market is at that point.

Keystone XL is still awaiting approval for its route through Nebraska. State regulators are to hold public hearings in August and should make a decision in the fall.

TransCanada says it hopes to begin its two-year construction phase on Keystone XL in 2018.

Source:
Houston Chronicle

Plains All American Pipeline Announces Open Season for Proposed Permian Pipeline

Plains All American Pipeline announced Tuesday that it has begun its open season for committing crude capacity on a pipeline project that will travel from the Permian Basin to Cushing, Oklahoma.

The proposed pipeline will have origin points in Midland, Texas and Colorado City, Texas and will deliver crude oil at Plains All American Pipeline's storage hub in Cushing, Oklahoma.

Depending on the amount committed to the pipeline, oil will move on a combination of new and existing pipelines.

Assuming the operator receives the needed commitments from shippers, the pipeline could move as many as 350,000 barrels per day of oil to market by mid 2019.

The open season began on April 18 and will end May 30.

Source:
Yahoo Finance
Nasdaq

Kinder Morgan Locks in Shipper Commitments for Trans Mountain Expansion after Drop

Kinder Morgan has secured all of the 22,000 barrels per day of capacity it opened to oil customers earlier this month for its Trans Mountain pipeline expansion project after shipper commitments dropped from higher toll rates.

The company had announced in early March that the cost of the project increased from $5.03 billion to 5.48 billion and that tolls also increased due in part to conditions required by the National Energy Board and requests from the public, such as thicker wall pipes.

The drop in shipper commitments, however, was offered back to the industry and secured via Kinder Morgan's open season process, concluding the period.

The long-term capacity on the pipeline has been contracted to 13 customers, according to a statement by Kinder Morgan.

Shippers have supported the expansion project since its proposal as the current Trans Mountain pipeline between Alberta and the Canadian west coast is often oversubscribed.

Kinder Morgan expects the expansion to being operations in late 2019.

Source:
Reuters