Centurion Pipeline L.P. to Develop New Crude Oil Transportation Capacity in Permian Basin

abarrelfullabarrelfull wrote on 15 Sep 2012 21:52

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April 11, 2012

Centurion Pipeline L.P., a wholly-owned subsidiary of Occidental Petroleum Corporation (NYSE:OXY), announced today that it is building a new pipeline system serving the Permian Basin in West Texas.

The system, which is expected to be in service the second quarter of 2012, will gather crude oil from the Wolfberry production fields north of Midland and deliver it to Midland for transportation to key markets. This project will provide crude oil producers with alternative transportation from these areas and enable Centurion to connect to other pipeline systems, including the Mesa pipeline, to provide access to key market centers.

The 16-inch “Wolfberry-to-Midland” pipeline will have an initial capacity to transport up to 100,000 barrels per day of crude oil. It will originate from gathering lines in key Wolfberry producing fields and extend approximately 50 miles south to Centurion’s terminal in Midland. The project will include the construction of new gathering pipelines, main lines and storage tanks, along with associated infrastructure. A truck unloading station also will be installed at Mabee Station, north of Midland. The project also will include the expansion of throughput capacity by an additional 80,000 barrels per day at Centurion’s Midland terminal.

About Centurion Pipeline
Centurion Pipeline L.P., a subsidiary of Occidental Petroleum Corporation (Oxy), is an oilgathering, common carrier pipeline and storage system with approximately 2,700 miles of pipelines from southeast New Mexico across the Permian Basin of southwest Texas to Cushing, Oklahoma. The system has a current throughput capacity of about 365,000 barrels per day and approximately 5.8 million barrels of active storage capability. Seventy-five truck unloading facilities located at various points along the system allow for additional volumes to be delivered into the pipeline. Visit Centurion Pipeline’s website for more information about the company at

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