DALLAS—Navigator Borger Express LLC, an affiliated company of Navigator Energy Services announced Oct. 5 the launch of a binding open season on its Borger Express pipeline system (Borger Express), to provide shippers the opportunity to secure crude oil transportation services from Cushing, Okla., to Borger, Texas.
Prior to participating in the open season, interested parties must execute a confidentiality agreement to govern the receipt of the open season documentation. All potential shippers must submit binding commitments for service on the Borger Express pipeline by 12 p.m. Central Standard Time on Nov. 5, 2020.
The Borger Express pipeline will provide the new services by utilizing approximately 180 miles of an existing crude oil pipeline, and constructing nearly 200 miles of new, 16-inch diameter pipeline from Cleo Springs, Okla., to Borger. The project will provide shippers with critical transportation services for numerous grades of light and heavy crude oil from the Cushing storage hub to third-party storage and a regional refinery in Borger. Subject to receipt of sufficient shipper commitments and all necessary permits and approvals, Borger Express is expected to be placed in service first-quarter 2022.
Subject to the specific terms of the open season, incentive rates, priority access and certain other service incentives will be available to shippers making long-term commitments. The notice of open season is available on Borger Express’s website at www.borgerexpress.com. More information about the open season and Borger Express is also available by contacting Navigator’s chief commercial officer, Laura McGlothlin, at (214) 880-6003 or lmcglothlin@nesmidstream.com.
Recommended Reading
Hirs: Expansive Energy Policies Set to Shape 2025 Markets
2024-12-27 - The incoming administration’s policies on sanctions, tariffs, regulations and deportations will impact the oil and gas industry.
Rystad: 12 MMbbl/d at Risk in Full-blown Middle East War
2024-10-17 - A full-blown war in the Middle East could end up with 12 MMbbl/d of oil at risk—leading to high prices and widespread global consequences, according to Rystad Energy.
Bracewell: How Trump and Harris Differ (or Don’t) on Energy Policy
2024-10-16 - Presidential impact on energy prices is largely about perception, although LNG permitting, production incentives and the Inflation Reduction Act will be influenced depending on who is in the White House.
Trump vs. Harris—Policy Promises vs. Economics
2024-10-22 - The presidential debate did not shed much light on policy initiatives. Are there substantive differences?
Moelis’ Cantor: Trump to Make American Energy Investable Again
2024-11-06 - Former GOP Majority Leader Eric Cantor, vice chairman and managing partner at Moelis, said EV subsidies are likely to be in the president’s crosshairs in his second term.