Midstream - Pipelines | Top Story
Magellan Green-Lights Niobrara Saddlehorn Pipeline Project
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Magellan Midstream Partners, L.P. plans to proceed with the recently-announced Saddlehorn Pipeline to transport various grades of crude oil from the Niobrara play in northeast Colorado to Magellan's storage facilities in Cushing, Oklahoma.
Click here to access the project in Shale Experts' Infrastructure Database
Binding commitments have been received from a wholly owned subsidiary of Anadarko Petroleum Corporation and Noble Energy, Inc. as part of the pipeline's ongoing open season. Based on these commitments, Magellan is proceeding with the Saddlehorn Pipeline.
The current open season for the Saddlehorn Pipeline has been extended and includes a new tariff rate structure, with binding commitments now due from potential shippers by 5:00 p.m. Central Time on Nov. 20, 2014. All potential…
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