• Price

    $27.95

  • Change

    0.10 (0.36%)

  • Yield

    5.87%

  • Chart

  • Home
  • About Us
  • Investors
  • Operations
  • Customers
  • Pipeline Safety
  • Careers
  • Operations

    Crude Oil Pipelines & Services

  • Home
  • Operations
  • Crude Oil Pipelines & Services
  • Onshore Crude Oil Pipelines & Services

    Our Crude Oil Pipelines & Services business includes approximately 5,418 miles of onshore crude oil pipelines, storage, terminals, and crude oil marketing activities. Our pipeline systems gather and transport crude oil primarily to refineries, centralized storage terminals and connecting pipelines in Oklahoma, New Mexico and Texas.

    Our crude oil marketing activities generate revenues from the sale and delivery of crude oil obtained from producers or on the open market. These sales contracts generally settle with the physical delivery of crude oil to customers.

    View System Map

    Asset Descriptions

    Crude Oil Pipelines
    Description of Asset Ownership Interest Miles Function
    Seaway Crude Pipeline system (1) 50% (2) 1,273 Transport crude from Cushing, OK and supplies crude oil
    to the Gulf Coast region.
    Red River System (1) 100% 1,148 Transports crude oil from North Texas to southern Oklahoma
    for delivery to two local refineries or pipeline interconnects for
    further transportation to Cushing, OK.
    West Texas System (1) 100% 905 Connects crude oil gathering systems in West Texas
    and southeast New Mexico to our terminal in Midland, TX.
    South Texas System (1) 100% 709 Transports crude oil from an origination point in
    South Texas to the Houston area.
    Basin Pipeline (1) 13% (3) 530 Transports crude oil from the Permian Basin in West
    Texas and southern New Mexico to the Cushing hub.
    EFS Midstream System 100% 461 Provides condensate gathering and processing services as well as gathering, treating and compression services for natural gas in the Eagle Ford Shale
    Eagle Ford Crude Oil Pipeline System 50% (4) 376 Transports crude oil and condensate for producers in South Texas.
    Total miles 5,402
    Crude Oil Terminals
    Description of Asset Ownership Interest Useable Storage Capacity (MMBbls) Function
    EHT Crude oil storage complex100%20.9Provides crude oil storage, pumpover and trade documentation services.
    ECHO Terminal 100%6.4Provides crude oil storage, pumpover and trade documentation services.
    Beaumont Marine West Crude Oil Terminal100%4.1Provides crude oil storage, pumpover and trade documentation services.
    Cushing Terminal100%3.5Provides crude oil storage, pumpover and trade documentation services.
    Midland Terminal100%2.7Provides crude oil storage, pumpover and trade documentation services.
    Morgan's Point Terminal100%0.3Provides crude oil storage, pumpover and trade documentation services.
    Total Capacity37.9
    1. Transportation services provided by these liquids pipelines are regulated by governmental agencies.
    2. Our ownership interest in this pipeline is held indirectly through our equity method investment in Seaway Crude Pipeline Company.
    3. We proportionately consolidate our undivided interest in the Basin Pipeline.
    4. Our ownership interest in the Eagle Ford Crude Oil Pipeline System is held indirectly through our equity method investment in Eagle Ford Pipeline LLC.

    For more information on the assets, please refer to the most recent Form 10-K or Quarterly Reports on Form 10-Q and other SEC filings.