EPIC NGL Pipeline
|This article is part of the Global Fossil Infrastructure Tracker, a project of Global Energy Monitor.|
The pipeline runs from Loving, New Mexico, to Crane, Texas, to Corpus Christi, Texas.
- Operator: EPIC Y-Grade Pipeline, LP
- Owner: EPIC Midstream Holdings, LP (75%); Chevron (15%); Salt Creek Midstream, LLC (10%)
- Parent company: Ares Management (80%); Chevron (15%); ARM Energy
- Capacity: 600,000 bpd
- Length: 700 miles
- Diameter: 24 inches
- Status: Operating
- Financing: Debt funding of US$800 million
- Cost: US$1.7 billion
- Start Year: 2019
Originally, Noble Midstream Partners owned 15% of the pipeline, but they were later acquired by Chevron.
According to June 2020 data from the U.S. Energy Information Administration (EIA), the pipeline runs from Crane, Texas to Corpus Christi, Texas. It was temporarily carrying crude oil with a transport capacity of 400,000 barrels of oil per day when Epic Oil Pipeline was under construction. It reverted back to Y-grade NGL transport service in the first quarter of 2020 when the Epic Oil Pipeline was finished and the EPIC NGL fractionator went online.
According to an EPIC corporate presentation in December 2018, the project was expected to cost US$1.7 billion. The company disclosed that a US$800 million loan had been secured for the pipeline's development though the lenders were not identified.
Articles and resources
- Petroleum & Other Liquids, Movements, Energy Information Administration, June 4, 2020
- "EPIC Y-Grade Announces Completion of NGL Super-System Stretching From Corpus Christi to Sweeny, Texas Including Strategic Connections to Premium Purity Markets". www.businesswire.com. 2021-10-05. Retrieved 2022-02-19.
- "EPIC NGL Phase I III NGL Pipeline the US". Offshore Technology. Retrieved 2022-02-18.
- Y-Grade Pipeline, Epic, accessed December 2020
- "EPIC Y-GRADE – EPICMID". web.archive.org. 2022-02-19. Retrieved 2022-02-19.
- EPIC Corporate Presentation, EPIC, December 2018