Somethig Blowin' In The Wind? -- Pipelines And The Bakken -- November6, 2018

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Title : Somethig Blowin' In The Wind? -- Pipelines And The Bakken -- November6, 2018
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Somethig Blowin' In The Wind? -- Pipelines And The Bakken -- November6, 2018

With the DAPL still being player out in two courts, the Voyager Pipeline news yesterday may be more than just another footnote in the history of the Bakken.

Tallgrass Energy.

Pony Express Pipeline. From the website:
The approximately 760-mile Pony Express (PXP) crude oil pipeline originates in Guernsey, Wyo., and runs through Colorado, Nebraska and Kansas, connecting with three refineries before terminating in Cushing, Oklahoma.
PXP sources oil from the Bakken, Denver Julesburg and Powder River plays, delivering five distinct common streams for our customers – Bakken Light Sweet, Mixed Sweet, Niobrara, Pony Express Light and Central Kansas Uplift – to the Cushing oil hub for distribution to markets across the country.
Placed in service in 2014, Pony Express has a design capacity of 320,000 barrels a day, and based on a number of factors has the capacity to transport additional barrels.
Answering producers’ call for more pipeline capacity out of the Bakken, Tallgrass built PXP and signed joint tariff agreements with two other pipelines to seamlessly deliver Bakken crude to Cushing, Okla., and points in between.
To meet the transportation needs of producers in both the Bakken and Rockies regions, Tallgrass converted a 430-mile natural gas pipeline and built another 260 miles of pipeline to extend PXP through southern Kansas into Oklahoma. The 70-mile Northeast Colorado Lateral (NECL) adds optionality for producers in the Niobrara Shale in Northeastern Colorado and Southeastern Wyoming, intersecting Pony Express east of Sterling, Colo. Before terminating in Cushing, PXP connects to Holly Frontier’s and CHS McPherson’s refining complexes in Kansas and to Phillips 66’s Ponca City, Okla., refinery.
Earlier this year, from SeekingAlpha, June 26, 2018:
  • Tallgrass Energy Partners LP and Tallgrass Energy GP announced that, the unitholders approved the stock-for-unit merger transaction
  • he merger transaction is expected to close on June 29, 2018 and be effective as of June 30, 2018
  • upon completion of the transaction, TEGP will change its name to Tallgrass Energy, LP, also TEGP’s Class A shares will trade on the NYSE under the ticker symbol “TGE” and TEP’s common units will no longer be publicly traded
Tallgrass Energy / PXP (Pony Express Pipeline): at this website.

The Double H Pipeline from Dove, ND, to Guernsey, Wyoming.

Kinder Morgan Hiland.



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