Tuesday, February 21, 2012

Plains All American announces new Mississippian Lime Pipeline

Plains All American Pipeline, L.P. (NYSE: PAA) on Feb. 7 announced plans to construct a new 170-mile pipeline to service the increasing Mississippian Lime crude oil production in northern Oklahoma and southern Kansas.

The pipeline, in conjunction with the previously announced Medford-to-Cushing pipeline conversion, is designed to provide approximately 175,000 b/d of crude oil transportation capacity to the Cushing market and is expected to be completed in mid-2013.

No comments:

Post a Comment