Three companies have teamed up to build the largest pipeline since 2008. The EPIC pipeline will stretch approximately 730 miles long from the Permian Basin Shale field to the Corpus Christi region. “EPIC” stands for Eagle Ford, Permian, Ingleside, and Corpus. The pipeline is projected to transport up to 440,000 barrels per day of crude oil. The three companies developing the EPIC pipeline are TexStar from San Antonio, Ironwood Midstream Energy Partners which is a Texas-based midstream company, and Connecticut-based commodities trader Castleton Commodities International. The EPIC pipeline will run a “batch system,” which means it will transport and store two types of crude from the Permian and one from the Eagle Ford. Construction is set to be completed by March 2019, two years after this pipeline was announced.
Epic Y Grade Pipeline LP also recently announced a new NGL line that will run for 650 miles and connect the Permian and Eagle Ford regions to Gulf Coast refiners, petrochemical companies, and export markets. This line is expected to run parallel to the 730-mile pipeline. Orla, Benedum, and Corpus Christi are some of the origin points the companies have announced as destinations for the line. Epic is actively acquiring rights of way. This pipeline is expected to be completed in 2019.
V-Tex Logistics, LLC owned by Valero Energy Corporation has announced that it will jointly build a new pipeline with the Magellan Pipeline Company, owned by Magellan Midstream Partners, L.P. The new pipeline will span about 135 miles from Houston to Hearne, Texas. This 16 inch pipeline will be assisted by a separate V-Tex Logistics, LLC 12 inch pipeline that will stretch 70 miles to connect the new terminals in Robertson County and in Williamson County. Representatives for Valero have already begun survey activity for the V-Tex 70-mile pipeline passing through Williamson and Milam counties. The 70-mile pipeline will impact Robertson, Milam, and Williamson counties. This project is expected to be completed in 2019.
Targa Resources Corp., a Houston pipeline company, announced plans for a new natural gas liquids pipeline called Grand Prix this past May. The newly constructed line will stretch about 635 miles long and transport natural gas liquids from the Permian Basin of West Texas in addition to the company’s North Texas system to the final destination of Targa’s complex in Mont Belvieu, located in east Texas.
Targa’s new natural gas liquids pipeline will be able to transfer as much as 550,000 barrels per day. Targa in the Permian area of west Texas has about 1.7 billion cubic feet per day of current gas processing capacity. Representatives from Targa have stated that surveying is already underway. Grand Prix is expected to be in service by the second quarter of 2019. Numerous counties that will likely be impacted by the Targa easement takings, including Eastland, Evath, Hood and Johnson.