Medallion Pipeline Launches Open Season for Capacity on EPIC Pipeline
Medallion Pipeline Company announced today that it has launched a non-binding open season for its capacity that is leased on EPIC Crude Pipeline, LP’s crude oil pipeline system. The open season started at 9 a.m. Monday and will close at 4 p.m. CDT on June 25.
Medallion leases 27,778 bpd of capacity from the Group 1 origin points on EPIC Pipeline, as defined in EPIC Pipeline’s rates and charges tariff filed with the Federal Energy Regulatory Commission (FERC) for delivery to the Corpus Christi and Ingleside destination points. EPIC Pipeline provides Medallion’s shippers with access to downstream markets, including crude oil export facilities at the Port of Corpus Christi.
In July 2019, Medallion held an open season seeking commitments from shippers interested in shipping on Medallion’s capacity that is leased on EPIC Pipeline. In response to the open season, Medallion executed a transportation services agreement with a third-party shipper. Recently, that transportation services agreement was terminated and the committed capacity on Medallion’s leased capacity on EPIC Pipeline has become available again.
Accordingly, Medallion is holding the current non-binding open season to gauge shipper interest in, and to potentially re-contract, the available leased capacity on EPIC Pipeline for the remaining term of the original 2019 transportation services agreement. The terms and conditions of the transportation services being offered are substantially similar to those applicable to the 2019 committed shipper.
Bona fide prospective shippers may obtain copies of the open season documents upon execution of a confidentiality agreement with Medallion by contacting the representative listed below. Prospective shippers must execute a confidentiality agreement prior to delivery of these documents.
Contact For Open Season Inquiries
Medallion Pipeline Company, LLC
909 Lake Carolyn Parkway, Suite 1600
Irving, Texas 75039
Attention: Jessica Williams
Phone: 469-912-2970
Email: Legal@medallionmidstream.com
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