San Antonio pipeline company Epic Midstream Holdings remains on schedule to begin moving crude oil from West Texas’ Permian Basin to the Port of Corpus Christi by this fall.
As part of a plan originally announced in October, the company plans to temporarily use its natural gas liquids pipeline to temporarily ship crude oil starting in the third quarter.
With steel for the Epic Crude Oil Pipeline being sourced by U.S. mills, delivery of the 30-inch pipeline to build the 700-mile project is expected to take place later this month.
The Epic Crude Oil Pipeline runs from Orla, Pecos, Saragosa, Crane, Wink and Midland in the Permian Basin to Gardendale and Helena in the Eagle Ford Shale to the Port of Corpus Christi.
Construction of the crude oil pipeline is expected to begin shortly after delivery and be completed by January 2020. Using the same construction crews as its natural gas liquids pipeline, Epic expect to realize significant construction synergies along the route.
Financial figures have not been disclosed, but Los Angeles private equity firm Ares Management is backing both the natural gas liquids and crude oil pipelines.