Texas Pipeline Company Max Energy Purchases Southcross Gas Pipeline
HOUSTON, TEXAS—Texas pipeline company Max Energy has purchased the Upper Gulf Coast Pipeline System from Southcross Gulf Coast Transmission Ltd., South Cross Gas Pipeline system, the company announced on Monday. This purchase will add another 328 miles of existing pipeline to the impressive collection of transportation, terminaling, and loading infrastructure Max is putting together on the Texas Gulf Coast.
“By purchasing the Southcross Gas Pipeline, Max Energy can now connect oil from all over the state to our Edna facility,” Todd Edwards, chairman at Max Energy, said. “We believe this will provide customers with alternatives to better optimize their crude oil movements and increase value throughout their supply chains.
Max Energy will immediately begin work on converting segment of the pipeline to crude operations. Before the end of the year, Max plans to have completed an interconnect with the Grey Oak Pipeline and the Victoria Express Pipeline, which will further expand access to growing crude production from the Permian and Eagle Ford basins.
Max is also developing plans to connect its growing pipeline system to both the Houston and Corpus Christi markets. This will provide customers with more options for crude movements. Ultimately, this will allow customers the ability to utilize the Port of Calhoun to better optimize their logistics compared to more congested ports. Max will be able to transport crude via pipelines between the major export ports of Houston, Corpus Christi and Calhoun including connected header systems in Edna, Three Rivers, Taft and Helena. And, Max will continue to develop all assets within the commitments of maintaining a carbon-neutral export facility.
Related News
Related News
- Trump Aims to Revive 1,200-Mile Keystone XL Pipeline Despite Major Challenges
- ONEOK Agrees to Sell Interstate Gas Pipelines to DT Midstream for $1.2 Billion
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- Boardwalk Approves 110-Mile, 1.16 Bcf/d Mississippi Kosci Junction Pipeline Project
- Kinder Morgan Approves $1.4 Billion Mississippi Crossing Project to Boost Southeast Gas Supply
- Tullow Oil on Track to Deliver $600 Million Free Cash Flow Over Next 2 Years
- GOP Lawmakers Slam New York for Blocking $500 Million Pipeline Project
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- Enbridge Should Rethink Old, Troubled Line 5 Pipeline, IEEFA Says
- Caspian Pipeline Consortium Lowers 2024 Oil Export Forecast Again
Comments