Crude

Our crude oil segment provides midstream services, which link oil production to oil refining and export facilities. Our assets are comprised of approximately 4,200 miles of pipelines, a 50,000 barrel per day splitter and storage facilities with an aggregate capacity of approximately 45 million barrels, and include:

• In Houston, the East Houston terminal (“MEH”), Houston Distribution System (“HDS”) and export facilities at our Seabrook Logistics joint venture terminal (“Seabrook”).
  • MEH is a delivery location for the ICE HOU Futures Contract; the benchmark location for physical crude oil trade on the US Gulf Coast (“USGC”); the landing point for our Longhorn Pipeline, BridgeTex Pipeline joint venture (“BridgeTex”) and HoustonLink Pipeline joint venture (“HoustonLink”); a major receipt point for crude oil from other pipelines operated by third-parties; the HDS origin; and a 20 million barrel storage complex. Crude oil title transfers at MEH routinely exceed 1 million barrels per day across a wide array of counterparties from all facets of the value chain – producers, refiners and traders.
  • The HDS is a network of pipelines linking MEH to the refineries in Houston and Texas City; refineries further east in Texas and Louisiana via other pipelines operated by third- parties originating from MEH; and to crude export terminals, including Seabrook. HDS capacity exceeds 1.5 million barrels per day, and it routinely handles a wide array of grades, including: West Texas Intermediate (“WTI”), West Texas Light (“WTL”), West Texas Sour (“WTS”), various crudes from the Eagle Ford, Canada, Rockies and Mid-Continent.
• The Permian Crude Gathering System connects production to key delivery markets within the Permian Basin. The system is connected to our Crane and Colorado City Terminals where the Longhorn and BridgeTex Pipelines originate and to other key long-haul pipelines to Houston and Corpus Christi. Service is provided in the core of the Midland Basin and in the Delaware Basin. Capacity exceeds 1.5 million barrels per day, with WTI and WTL being the primary grades handled. Our Permian connectivity also includes long-haul pipeline capacity to Corpus Christi . Additional gathering assets are located in Oklahoma, servicing the STACK play.
• Longhorn Pipeline is a 275 thousand barrel per day line that links the Permian Basin with the US Gulf Coast and connects the Permian Crude Gathering System and MEH.
• The Cushing, Oklahoma Terminal has approximately 13 million barrels of storage and interconnectivity to long-haul pipelines, including Saddlehorn, refineries and other third-party terminals.
• The Corpus Christi, Texas Terminal has approximately 6 million barrels of storage; import and export docks; connectivity to the Double Eagle Pipeline joint venture and to other long-haul pipelines from the Eagle Ford and Permian Basins via terminal connections; connections to the local refineries; and a 50,000 barrels per day splitter.
• Joint venture assets:
  • BridgeTex Pipeline, is a 440 thousand barrel per day line that links the Permian Basin with the US Gulf Coast and connects the Permian Crude Gathering System and MEH.
  • Saddlehorn Pipeline, is a 290 thousand barrel per day line that links Rockies production with Cushing.
  • Seabrook Logistics, owns a crude export and import terminal and crude oil pipelines.
  • Double Eagle Pipeline, is a 100 thousand barrel per day line that links the Eagle Ford with the US Gulf Coast, including our Corpus Christi Terminal and Splitter.
  • HoustonLink Pipeline, connects SouthBow’s Houston Terminal to MEH via a 24” pipeline. The pipeline allows Canadian, Rockies and Mid-Con crudes from Cushing to be moved to MEH then to refineries or export facilities on the HDS.