Genesis Energy, L.P. has launched a binding open season to secure long-term commitments to support a new gathering system to connect crude oil production to its existing Powder River Basin Pipeline. The Powder River Basin Pipeline consists of approximately 140 miles of transmission pipeline and provides Wyoming producers access to additional downstream markets at Guernsey, Wyoming, regional refineries, and east, west and gulf coast markets via the Pronghorn Rail loading terminal.
“Our proposed gathering system will enhance our connectivity directly to well pads, thus eliminating the need for trucking and provide a seamless wellhead to market pipeline solution,” said Grant Sims, CEO of Genesis Energy. “The basin continues to see increasing drilling activity and our existing Powder River Basin Pipeline is well positioned to provide reliable deliveries to multiple attractive downstream markets.”
The open season commenced Nov. 27, 2017 at 8:00 a.m. CST and will end on Dec. 22, 2017 at 5:00 p.m. CST.