EPIC Crude Holdings LP ships record crude volumes of 500,000 bbl/d during 2022, according to a press release on April 6. The company provides shippers access to the premium Corpus Christi, Texas, market including EPIC Crude’s export facility as well as local refineries and other export docks.
With terminals in Orla, Pecos, Crane, Wink, Midland, Hobson and Gardendale, Texas, the EPIC Crude Oil Pipeline connects to the EPIC Marine Terminal in Corpus Chrisiti. The overall quality of crude being transported continues to differentiate EPIC Crude from other transport providers.
"Our crude volume throughput proves EPIC’s strategic importance for customers to provide safe and reliable crude oil transport out of the Delaware, Midland and Eagle Ford basins into the Corpus Christi market," EPIC Crude CEO Brian Freed said in the press release. "We have strategically positioned ourselves to take advantage of the growth we are seeing in the Permian basin and the Corpus Christi premium export markets.”
Formed in 2017, the company built and operates a 700-mile crude oil pipeline that extends from Orla, Texas, to the port of Corpus Christi. The pipeline services the Delaware, Midland and Eagle Ford basins and currently operates at a capacity of 600,000 bbl/d with a total operational storage of approximately 7.5 MMbbl.
Recommended Reading
Midstream M&A Adjusts After E&Ps’ Rampant Permian Consolidation
2024-10-18 - Scott Brown, CEO of the Midland Basin’s Canes Midstream, said he believes the Permian Basin still has plenty of runway for growth and development.
Post Oak-backed Quantent Closes Haynesville Deal in North Louisiana
2024-09-09 - Quantent Energy Partners’ initial Haynesville Shale acquisition comes as Post Oak Energy Capital closes an equity commitment for the E&P.
Analyst: Is Jerry Jones Making a Run to Take Comstock Private?
2024-09-20 - After buying more than 13.4 million Comstock shares in August, analysts wonder if Dallas Cowboys owner Jerry Jones might split the tackles and run downhill toward a go-private buyout of the Haynesville Shale gas producer.
Aethon, Murphy Refinance Debt as Fed Slashes Interest Rates
2024-09-20 - The E&Ps expect to issue new notes toward redeeming a combined $1.6 billion of existing debt, while the debt-pricing guide—the Fed funds rate—was cut on Sept. 18 from 5.5% to 5%.
Dividends Declared Sept.16 through Sept. 26
2024-09-27 - Here is a compilation of dividends declared from select upstream, midstream and service and supply companies.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.