EPIC Crude Oil Pipeline Announces Second Open Season

SAN ANTONIO - Aug. 1, 2018 - PRLog -- EPIC Midstream Holdings, LP ("EPIC") announced today that it is opening a second, 30-day open season for its Crude Oil Pipeline beginning August 1, 2018 and ending Friday, August 31, 2018.  EPIC is pursuing the second open season due to continued additional interest in crude takeaway on the EPIC crude pipeline.

EPIC Crude Oil Pipeline successfully closed its first open season on July 26, 2018 and executed definitive agreements with new primary shippers. Shippers have secured 425 MBbl/d of capacity originating from the Permian Basin on the EPIC Crude Oil Pipeline.

Based upon the results of the second open season, EPIC will consider upsizing from a 24-inch line to a 30-inch line, expanding its Permian Basin capacity.

The EPIC Crude Oil Pipeline will run side-by-side with the EPIC NGL Pipeline extending from Orla, Texas to the Port of Corpus Christi, Texas and includes terminals in Orla, Saragosa, Crane, Wink, Midland, Helena and Gardendale, with Port of Corpus Christi connectivity and export access. It will service the Delaware, Midland and Eagle Ford Basins. The crude system is expected to be in service in the fourth quarter of 2019. The EPIC Pipelines are backed by capital commitments from funds managed by the Private Equity Group of Ares.

For more information, contact info@epicmid.com or call Dustin Snook at (210) 538-6874.