Plains All American Launches Open Season for Cactus II Pipeline
A subsidiary of Plains All American Pipeline, L.P. today announced it has received sufficient customer interest to conduct a binding open season for committed crude oil transportation on the Cactus II Pipeline. The open season began today, Dec. 13, 2017 and will end at 12 p.m. CT on Jan. 12, 2018.
The Cactus II Pipeline runs from the Permian Basin to the Corpus Christi/Ingleside area, with origin points in Orla, Wink South, Midland, Crane and McCamey, TX. The open season provides an opportunity for shippers to enter into transportation services agreements providing for long-term crude oil transportation on the pipeline and committed tariff rates.
Once completed, the pipeline will include a combination of existing pipelines and two new pipelines. The first new pipeline will extend from Wink South to McCamey, TX, and the second pipeline will extend from McCamey to the Corpus Christi/Ingleside area. Subject to receipt of necessary permits and regulatory approvals, the Cactus II Pipeline could be operational in the third quarter 2019.
Related News
Related News
- Phillips 66 to Shut LA Oil Refinery, Ending Major Gasoline Output Amid Supply Concerns
- FERC Sides with Williams in Texas-Louisiana Pipeline Dispute with Energy Transfer
- U.S. Appeals Court Blocks Kinder Morgan’s Tennessee Pipeline Permits
- ConocoPhillips Eyes Sale of $1 Billion Permian Assets Amid Marathon Acquisition
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
- U.S. Appeals Court Blocks Kinder Morgan’s Tennessee Pipeline Permits
- Malaysia’s Oil Exports to China Surge Amid Broader Import Decline
- U.S. LNG Export Growth Faces Uncertainty as Trump’s Tariff Proposal Looms, Analysts Say
- Marathon Oil to Lay Off Over 500 Texas Workers Ahead of ConocoPhillips Merger
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
Comments