One-Page Deal Sheet
Magellan Picks Up Eagle Ford Pipeline
Magellan Midstream Partners Lp Shell Pipeline Company Lp
Announced Date
August 15,2013
Close Date
August 15,2013
Transaction Type
Asset
Transaction Details: Subscribe to see
Magellan Midstream Partners LP has acquired a crude oil pipeline in the Houston area, historically known as the West Columbia line from Shell Pipeline Company, LP.
The 16” diameter pipeline is approximately 15 miles long and originates at Genoa Junction and terminates at Magellan’s crude oil and refined products distribution terminal in East Houston, Texas. The West Columbia pipeline will provide an additional route for crude oil, particularly barrels from the Eagle Ford, to reach our East Houston terminal for storage or subsequent delivery into Shell’s reversed Ho-Ho system. The West…