Medallion Pipeline Co. LLC, a subsidiary of Medallion Midstream LLC, has closed the binding open season for its proposed crude oil pipeline extension, the Howard Lateral. The binding open season for the Howard Lateral began on Feb. 9.
Based on a binding capacity bid received during the open season, Medallion has executed a long-term transportation service agreement that provides a capacity commitment sufficient to move forward with the Howard Lateral and a partial expansion of Medallion’s Wolfcamp Connector mainline. The Howard Lateral extends 49 miles from multiple origin points in Howard County, Texas, to the southeast to a new point of interconnection on Medallion’s Wolfcamp Connector mainline in Glasscock County, Texas, and will be capable of transporting approximately 45,000 barrels per day of crude oil for delivery on a bidirectional basis.
Adjacent to one of the Howard Lateral origin points will be truck unloading facilities that will be owned and operated by Medallion Pipeline’s affiliate, Medallion Crude Oil Logistics, to provide shippers the option to truck crude oil quantities to those facilities for delivery to that origin point on the Howard Lateral.