With oil production in the Permian Basin booming at an unprecedented pace, several different companies are competing to build the much-needed pipelines that will carry all that crude oil to refineries on the Gulf Coast. The San Antonio-based company Epic Midstream Holdings, for example, was formed in 2017 with the express purpose of building and operating new oil and natural gas pipelines in the Gulf Coast Region.
Now, after completing the first two phases of its natural gas liquids (NGL) pipeline, Epic is preparing to begin work on a 700-mile crude oil pipeline that’s slated to begin interim service in the third quarter of 2019.
The company reaffirmed its commitment to this ambitious timeline earlier this month in a press release, announcing that it had secured “100% of the mainline right-of-way for the crude oil pipeline and anticipates the initial 30” pipe delivery by the end of January 2019.”
Construction is expected to begin shortly after this initial delivery arrives. In an effort to get the pipeline up and running as soon as possible, Epic will temporarily use its existing NGL pipeline to transport crude oil on the last leg of its journey from the Permian Basin to Corpus Christi, Texas. The completed crude oil pipeline is expected to be fully operational by January 2020. Meanwhile, construction is underway on a number of other pipeline projects in our area as well.
To learn more about recent developments in the oil and energy industry on the Gulf Coast, stay tuned for the latest updates from our blog at Ritter Forest Products!