|This article is part of the Global Fossil Infrastructure Tracker, a project of Global Energy Monitor.|
Seahorse Pipeline is a proposed oil pipeline running from Oklahoma, USA to Louisiana, USA.
The pipeline will run from Cushing, Oklahoma, USA to St. James, Louisiana, USA.
- Owner: Tallgrass Energy
- Proposed capacity: 800,000 barrels per day
- Length: 1,126.5 kilometers / 700 miles
- Diameter: 30-inches
- Status: Proposed
- Start Year: 2021
In November of 2018, Tallgrass Energy announced it had signed a binding agreement with an unaffiliated third-party that has the potential to be an anchor shipper and equity partner.
In August of 2019, Blackstone Infrastructure Partners offered to buy out the remaining shares of Tallgrass Energy LP following a 40% slump since it took control of the pipeline operator earlier that year. The take-private proposal is valued at about $3 billion, according to data compiled by Bloomberg. Tallgrass Energy's financial problems have led to speculation that the Seahorse Pipeline will be cancelled, but no decision has been publicly announced.
Articles and resources
- Planned Pipelines, Pipeline News, accessed October 2018
- National Energy and Petrochemical Map , FracTracker, February 28, 2020
- Petroleum & Other Liquids, Movements, Energy Information Administration, June 4, 2020
- A Wave of Oil Pipeline Projects Is Late to the Permian Boom, Bloomberg News, Jan. 2, 2020
- Tallgrass Energy Announces Binding Agreement on Seahorse Pipeline, Joint Tariff Open Season and Plaquemines Liquids Terminal Milestone, Market Watch, November 16, 2018
- Blackstone offers to take pipeline transportation company private after 40% plunge, Crain's New York, August 28, 2019