In an agreement, Delek Logistics Partners LP (NYSE: DKL) will be the anchor shipper for Rangeland Energy’s RIO Pipeline, Rangeland said March 20. RIO is the Rangeland Integrated Oil Pipeline.
The 107-mile pipeline and its end terminals are scheduled to be built in 2015’s second quarter. Delaware Basin crude will be shipped to markets in Cushing, Okla., and and the U.S. Gulf Coast.
The pipeline will originate at the RIO State Line terminal, the crude oil gathering hub at the Texas-New Mexico border. It will end at the RIO Midland Terminal. The pipeline and terminals are scheduled to be in service in the first half of 2016.
RIO will process up to 85,000 barrels per day (bbl/d), with initial capacity of 55 Mbbl/d.
Delek Logistics Partners LP will own 33% of the pipeline and supporting terminals. It is a subsidiary of Delek US Holdings Inc.
The pipeline will be part of the RIO midstream and downstream system. The RIO system’s rail facility is near Loving, N.M.
Rangeland Energy is based in Sugar Land, Texas.
Delek Logistics Partners LP is based in Brentwood, Tenn.
Recommended Reading
ADNOC Contracts Flowserve to Supply Tech for CCS, EOR Project
2025-01-14 - Abu Dhabi National Oil Co. has contracted Flowserve Corp. for the supply of dry gas seal systems for EOR and a carbon capture project at its Habshan facility in the Middle East.
Partnership to Deploy Clean Frac Fleets Across Permian Basin
2024-12-13 - Diamondback Energy, Halliburton Energy Services and VoltaGrid are working together to deploy four advanced electric simul-frac fleets across the Permian in an effort to enhance clean and efficient energy solutions in the region.
Tracking Frac Equipment Conditions to Prevent Failures
2024-12-23 - A novel direct drive system and remote pump monitoring capability boosts efficiencies from inside and out.
ProPetro Agrees to Provide Electric Fracking Services to Permian Operator
2024-12-19 - ProPetro Holding Corp. now has four electric fleets on contract.
E&P Highlights: Dec. 16, 2024
2024-12-16 - Here’s a roundup of the latest E&P headlines, including a pair of contracts awarded offshore Brazil, development progress in the Tishomingo Field in Oklahoma and a partnership that will deploy advanced electric simul-frac fleets across the Permian Basin.