BridgeTex Pipeline Co. LLC, owned 50/50 by Magellan Midstream Partners LP and Plains All American Pipeline LP, has launched an open season to assess customer interest in a new origin in Grimes County, Texas, for the BridgeTex pipeline to accept Eaglebine crude oil and condensate shipments.
The proposed new origin, to be located 100 miles northwest of Houston, is expected to be operational in mid-2017. All potential customers must submit binding commitments by 5 p.m. Central Time on Feb. 1, 2016.
The BridgeTex pipeline currently has a capacity of 300,000 barrels per day (bp/d) to deliver Permian Basin crude oil from Colorado City, Texas, to the Houston Gulf Coast area. If warranted by customer demand, BridgeTex will expand the capacity of the pipeline system by approximately 35,000 bp/d to provide transportation services from the new Grimes County origin to the Houston Gulf Coast area.