EPIC NGL Pipeline
| Part of the Global Oil Infrastructure Tracker, a Global Energy Monitor project. |
| Related categories: |
EPIC NGL Pipeline, also known as Epic Y-Grade Pipeline, is an natural gas liquids (NGL) pipeline in Texas, United States. It was temporarily transporting crude oil while the Epic Oil Pipeline was under construction.[1]
Location
The pipeline runs from Loving, New Mexico, to Crane, Texas, to Corpus Christi, Texas.[1]
Project details
- Operator: EPIC Y-Grade Pipeline, LP[2]
- Owner: EPIC Midstream Holdings, LP (75%); Chevron (15%); Salt Creek Midstream, LLC (10%)[3]
- Parent company: Ares Management (80%); Chevron (15%); ARM Energy[2]
- Capacity: 300,000 bpd[4]
- EIA says original pipeline had 175,000 bpd[5]
- Length: 700 miles[6]
- Diameter: 24 inches[1]
- Status: Operating[1]
- Financing: Debt funding of US$800 million[7]
- Cost: US$1.7 billion[7]
- Start Year: 2019[1]
Originally, Noble Midstream Partners owned 15% of the pipeline, but they were later acquired by Chevron.
Background
According to June 2020 data from the U.S. Energy Information Administration (EIA), the pipeline runs from Crane, Texas to Corpus Christi, Texas. It was temporarily carrying crude oil with a transport capacity of 400,000 barrels of oil per day when Epic Oil Pipeline was under construction. It reverted back to Y-grade NGL transport service in the first quarter of 2020 when the Epic Oil Pipeline was finished and the EPIC NGL fractionator went online.[1]
Financing
According to an EPIC corporate presentation in December 2018, the project was expected to cost US$1.7 billion. The company disclosed that a US$800 million loan had been secured for the pipeline's development though the lenders were not identified.[7]
Expansion projects
Capacity Expansion
- Operator: EPIC Y-Grade Pipeline, LP[2]
- Owner: EPIC Midstream Holdings, LP (75%); Chevron (15%); Salt Creek Midstream, LLC (10%)[3]
- Parent company: Ares Management (80%); Chevron (15%); ARM Energy[2]
- Capacity: 75,000 bpd[5]
- Length: 0 new mi[5]
- Diameter:
- Status: Construction[5]
- Start year:
- Cost:
- Financing:
- Associated infrastructure:
Articles and resources
References
- ↑ 1.0 1.1 1.2 1.3 1.4 1.5 Petroleum & Other Liquids, Movements, Energy Information Administration, June 4, 2020
- ↑ 2.0 2.1 2.2 2.3 "EPIC Y-Grade Announces Completion of NGL Super-System Stretching From Corpus Christi to Sweeny, Texas Including Strategic Connections to Premium Purity Markets". www.businesswire.com. 2021-10-05. Retrieved 2022-02-19.
- ↑ 3.0 3.1 "EPIC NGL Phase I III NGL Pipeline the US". Offshore Technology. Retrieved 2022-02-18.
{{cite web}}: CS1 maint: url-status (link) - ↑ "EPIC NGL – EPIC". epicmid.com. Retrieved 2024-04-12.
- ↑ 5.0 5.1 5.2 5.3 "https://www.eia.gov/petroleum/data.php". 2024-04-12.
{{cite web}}: External link in|title= - ↑ "EPIC Y-GRADE – EPICMID". web.archive.org. 2022-02-19. Retrieved 2022-02-19.
- ↑ 7.0 7.1 7.2 EPIC Corporate Presentation, EPIC, December 2018
