Enterprise Products announces additional contracts for Midland to ECHO pipeline
Enterprise Products Partners announced it has executed additional long-term contracts to provide transportation services on the Midland to ECHO crude oil pipeline system. The execution of these additional agreements brings total committed volumes on the Midland to Sealy segment of this system to 335,000 barrels per day, which represents approximately 83% of the segment's ultimate committed capacity of 405,000 BPD. Total capacity for the pipeline segment will be 450,000 BPD, which will include 45,000 BPD of "walk-up" capacity. The Midland to Sealy pipeline is expected to begin limited commercial activities during Q4. The pipeline is scheduled to be in full service, including the capability to batch four grades of crude oil, with 450,000 BPD of capacity by 2Q18. Committed volumes ramp up through 2021 with 90% of the total committed volumes scheduled to ramp up by the end of 2019.