Wolf Launches Open Season for Midland Basin Crude Oil Pipeline
DALLAS – Wolf Midstream Partners launched a binding open season to solicit long-term, shipper commitments for the proposed Red Wolf Crude Connector, a new crude oil pipeline to serve the Midland Basin. The open season ends at 4 p.m. CST Dec. 14.
The 40-mile, 16-inch pipeline, with an initial capacity of 120,000 bpd, would originate in Howard County near Big Spring, Texas and connect to Wolf’s existing crude oil terminal and downstream connections near Colorado City, Texas.
The Red Wolf Crude Connector will provide a direct takeaway option for producers and shippers to realize committed rates via acreage or shipping commitments, while providing more flexible access to numerous markets.
“Along with providing much-needed transportation capacity and increased market options, the Red Wolf Crude Connector provides Wolf with significant potential for additional growth and connection opportunities,” said Curtis Ewers, Wolf Chief executive officer.
Construction activities have begun and, pending the results of the open season, Wolf expects the connector to begin full commercial operations in the third quarter of 2019.
The Red Wolf Crude Connector is an extension of Wolf’s existing crude oil pipeline and terminal, which was placed in service this year. The existing system is a network of 50 miles of crude oil pipeline facilities that aggregate and transport crude oil production to the Colorado City Hub, providing access to multiple long-haul, large-volume pipelines for access to nearly all major downstream markets.
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