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Medallion Pipeline Company announced a binding open season to solicit binding, long-term commitments for firm transportation utilizing capacity that Medallion has leased on the crude oil pipeline owned by EPIC Crude Pipeline.
Click here to learn more about the EPIC Pipeline, which is currently being constructed.
The EPIC Pipeline will provide potential shippers with access to multiple destination points including refinery and crude oil export markets through the Port of Corpus Christi. Prospective shippers will have the opportunity to participate in the open season to acquire firm transportation capacity by making a minimum volume commitment of 10,000 barrels per day to Medallion pursuant to a volume commitment transportation agreement (Transportation Services Agreement).
The existing Medallion pipeline is a network of approximately 800 miles of 6-inch and larger crude oil pipeline in the Midland Basin. The Medallion system consists of eight pipeline segments providing diversified market access to seven downstream pipelines, which interconnect with the Medallion system at three major market hubs at the Crane Hub, Midland Hub, Colorado City Hub as well as the Alon USA Big Spring refinery. At the Crane Hub, the Medallion Pipeline will interconnect with the EPIC Pipeline. Service utilizing the leased capacity is expected to commence during the first quarter of 2020.
Click here to access the open season info on Medallion's website.
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