Blueknight extends open season for Oklahoma Condensate Pipeline

Blueknight Energy Partners LP (NASDAQ: BKEP) (NASDAQ: BKEPP), a midstream energy company providing integrated services for companies engaged in the production, distribution, and marketing of crude oil, asphalt, and other petroleum products, has extended the binding open season for its Oklahoma Condensate Pipeline until Dec. 18.

BKEP intends to convert a portion of its existing Oklahoma Mainline System to meet growing demand for dedicated condensate service. The pipeline, which will originate in Maysville, Oklahoma, and terminate at the BKEP oil terminal in Cushing, Oklahoma, will primarily serve the SCOOP and STACK shale plays. The system initially will be designed to move a single commingled condensate grade crude oil. However, with sufficient customer demand, a second grade of condensate could also be transported.

The project is expected to be completed in the third quarter of 2016.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...