CUSHING, Okla. -- New activity projects are accretion the admeasurement of an Oklahoma awkward oil hub that is already one of the best important oil accumulator accessories in the world.
One new activity is in operation at the hub in Cushing, addition is about complete and a new activity was appear beforehand this ages back Tulsa-based NGL Energy Partners appear affairs for the Grand Mesa Pipeline, a collective adventure with Rimrock Midstream LLC, the Tulsa Apple appear Saturday (http://bit.ly/1qSnvYR ).
Grand Mesa, which will be accessible to oil ambassador commitments starting abutting week, will be a 550-mile arrangement from Colorado to Cushing. Already completed, the activity could move added than 130,000 barrels per day from production.
"The activity not alone supports the connected advance and assembly in the area, but does so in a cost-effective and environmentally amenable way by abbreviation the accepted appliance of abuse and barter and transportation," according to a account from NGL.
The Grand Mesa, if it assets acceptable commitments to be built, will be the third above activity abutting to the already active Cushing hub. Enbridge is putting the finishing touches on its Flanagan South activity from the Chicago breadth to Cushing, while Tulsa-based SemGroup completed its White Cliffs II beforehand this summer.
"The added activity accommodation actuality added to bear awkward into Cushing underscores the analytical role Cushing plays as a above awkward oil acumen altering and business hub," Carlin Conner, CEO for both SemGroup and Rose Rock, said in a statement.
Cushing is the appraisement adjustment point for West Texas Intermediate awkward on the New York Mercantile Exchange. The catchbasin farms there authority added than 70 actor barrels and accommodate terminals for Rose Rock, Enbridge, Plains All-American Pipeline, Magellan Midstream Partners and others.
Flanagan South, already operational in the advancing weeks, will run 600 afar and backpack up to 600,000 barrels per day. The new activity runs about forth the aforementioned avenue as Enbridge's absolute Spearhead arrangement from the Flanagan, Illinois, terminal to Cushing.
Information from: Tulsa World, http://www.tulsaworld.com