The Saddlehorn Pipeline Company added a 50-mile extension to its planned 550-mile pipeline to transport various grades of crude oil from the DJ Basin, and potentially the broader Rocky Mountain and Bakken area resource plays, to storage facilities in Cushing, OK owned by Magellan Midstream Partners and Plains All American Pipeline, L.P.
The extension is expected to built with 16-inch pipe and will stretch from Platteville to Carr, CO, providing a connection to existing crude oil assets in that region. The 20-inch pipeline from Platteville to Cushing will ultimately have the capacity to transport up to 400,000 bpd, with the initial capacity expected to be about 200,000 bpd.
Saddlehorn is a limited liability company owned by Magellan Midstream Partners, L.P., Plains All American Pipeline, L.P. and Anadarko Petroleum Corporation. Saddlehorn will construct, own and operate the 600-mile pipeline, including the Carr extension.
The Platteville-to-Cushing pipeline is expected to be operational during mid-2016 and the extension to Carr is anticipated to be in service by the end of 2016.