Midstream - Pipelines | Capital Markets | Private Equity Activity
Medallion to Hold Open Season for Wolfcamp Connector Pipeline
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Medallion Pipeline Company LLC, a subsidiary of Medallion Midstream LLC, has announced a binding Open Season to solicit long-term commitments from Shippers for capacity on a new crude oil pipeline (the Wolfcamp Connector) originating at a new station near Garden City in Glasscock County, Texas and extending approximately 60 miles north to the Colorado City hub in Scurry County, Texas.
The Wolfcamp Connector will be a beneficial new outlet for Shippers seeking transportation services for crude oil production in Glasscock, Howard, Irion, Reagan, and Sterling Counties. As proposed, the Wolfcamp Connector will be capable of receiving and transporting up to 65,000 barrels per day for delivery to take away pipelines at the Colorado City hub, including the proposed BridgeTex Pipeline. At least…
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