Midstream - Transportation & Pipelines | Capital Markets | Private Equity Activity
Noble, Apache Sign on to EPIC Pipeline
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Ares Management-backed EPIC Midstream Holdings today announced that it has secured Noble Energy and Apache Corp as anchor shippers on its 590 MBbl/d crude oil pipeline. The pipelines will be split between 440 MBbl/d from the Permian Basin and 150 MBbl/d from the Eagle ford.
Apache and Noble has secured 75 and 100 MBbl/d of firm capacity, respectively.
More than 500,000 acres have been dedicated to the EPIC Crude Oil Pipeline, including dedications from Apache and Noble Energy.
Map of the Pipeline Route
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