Midstream - Pipelines | Capital Markets | Private Equity Activity
Rangeland Puts Delaware Basin RIO Pipeline in Service
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Rangeland Energy’s RIO Pipeline is now in commercial service for all shippers transporting crude oil and condensate to market from the Delaware Basin.
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The 110-mile, 12-inch pipeline originates at the RIO State Line Terminal in Loving County, Texas, a gathering hub at the Texas-New Mexico border in the heart of the Delaware Basin with tankage and truck unloading facilities. The pipeline has the capacity to transport more than 125,000 barrels per day from the State Line Terminal to Rangeland’s Geneva and Zurich terminals in Midland, Texas. The Geneva and Zurich terminals provide connectivity through Plains Pipeline L.P.’s Midland terminals to other area terminals and interstate pipelines that access Cushing, East Texas and Gulf Coast markets.
Construction of the RIO Pipeline began in January 2016. The State Line and Geneva terminals were completed in July 2016. The Zurich Terminal is expected to come into service in the spring of 2017. As demand increases, Rangeland expects to construct a 10-inch, bidirectional pipeline to connect the State Line Terminal to the RIO Hub near Loving, New Mexico. Located in the heart of the Delaware Basin, the RIO Hub provides unit train service and storage for inbound frac sand and outbound crude oil and condensate.
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