San Mateo Midstream Announces Binding Open Season
(P&GJ) — A subsidiary of San Mateo Midstream has announced a binding open season to gauge interest for a proposed expansion project.
The San Mateo Black River Oil Pipeline Stebbins Expansion Crude Oil Pipeline Project is a proposed expansion of the San Mateo system further north in Eddy County consisting of approximately 19 miles of various diameter crude pipelines from certain points of origin in Eddy County to the existing San Mateo interconnect with Plains Pipeline, L.P. in Eddy County.
Commencement of commercial operations of the Expansion Project is targeted for the third quarter of 2020.
This open season provides an opportunity for shippers to support the Expansion Project by making acreage dedications and volume commitments for priority (firm) service, or acreage dedications for non-firm committed service, thereby becoming committed shippers for the term of their transportation services agreements.
The final volume of capacity for both committed and uncommitted service on the Expansion Project will be determined by San Mateo in part based on the results of this open season.
The binding open season begins August 7, 2020, at 8:00 a.m. Central Time and ends on September 6, 2020, at 5:00 p.m. Central Time.
For more information about the Expansion Project and the open season documents, please visit www.sanmateomidstream.com or contact San Mateo’s Vice President of Business Development, Corey Lothamer at clothamer@sanmateomidstream.com.
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