Midstream Partners LP and Occidental Petroleum Corp. said they
are proceeding with the construction of a 400-mile,
20-inch-diameter crude oil pipeline running from Colorado City,
Texas, to Houstons Gulf Coast area.
Dubbed the BridgeTex Pipeline,
the project is also expected to include nearly 50 miles of
24-inch-diameter pipeline between East Houston and Texas City,
the companies said in a release Monday. The pipeline is
expected to be in service by mid-2014, assuming the necessary
permits are obtained, they said.
Magellan, a Tulsa, Okla.-based
petroleum products storage and transportation company, and
Occidental, a Los Angeles-based oil and gas exploration and
production firm, said they made the decision to proceed with
the previously announced pipeline after receiving long-term
transportation commitments. The decision also follows a recent
ruling by the Federal Energy Regulatory Commission approving
the pipelines tariff structure, the companies said in the
The BridgeTex Pipeline is expected to transport crude oil to
refineries along the Houston Ship Channel and in Texas City, as
well as to other refineries on the Gulf Coast via third-party
pipelines, Magellan and Occidental said.