Permian Express Oil Pipeline
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Permian Express Oil Pipeline is an oil pipeline in the United States.[1]
Contents
Location
The pipeline runs from Wichita Falls, Texas, to Nederland, Texas.
Project Details
- Operator: Sunoco Logistics (85%), ExxonMobil (15%)
- Current capacity: 200,000 barrels per day
- Proposed capacity:
- Length: 483 kilometers (300 miles)
- Oil source: Permian Basin
- Status: Operating
- Start Year: 2013
Background
In 2012 Sunoco Logistics announced its plan for a 300-mile pipeline from Wichita Falls, Texas to Nederland, Texas, which involved a reversal of its Wortham-to-Wichita Falls pipeline.[1]
The first phase was operational in 2013, with an initial 90,000 barrel per day (bpd) capacity. The second phase, which would carry an additional 200,000 bpd, was under development.[2]
The second phase, known as the Permian Express 2 pipeline, began delivery to refiners and markets in the third quarter 2015. The pipeline provides takeaway capacity from the Permian Basin, with origins in multiple locations in Western Texas: Midland, Garden City and Colorado City. It connects to terminals in Midland and Garden City, Texas. The Midland terminal was acquired by Sunoco Logistics in November 2016 from Vitol.[3]
Ownership
The Permian Express Oil Pipeline is owned by a joint venture called Permian Express Partners, which is owned by Sunoco Logistics (85 percent) and ExxonMobil (15 percent).[4]
Articles and resources
References
- ↑ 1.0 1.1 Permian Express Oil Pipeline, A Barrel Full, accessed September 2017
- ↑ "Sunoco sees first phase Permian Express operational in June," Reuters, May 9, 2013
- ↑ "Crude Oil," Energy Transfer, accessed September 2017
- ↑ "Sunoco, Exxon combine pipeline assets in new joint venture," Reuters, Nov 9, 2016