SemCrude Announces Project to Expand its Platteville Truck Unloading Terminal

abarrelfullabarrelfull wrote on 16 Nov 2011 07:06
Tags: pipeline semgroup usa

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SemCrude(R), L.P., a subsidiary of SemGroup(R) Corporation (NYSE:SEMG), announced today the expansion of its Platteville, CO truck unloading terminal as part of an agreement with Anadarko Petroleum Corporation. The expansion of the Platteville unloading terminal will increase capacity by up to 60%, and is designed to support Anadarko's anticipated increase in production in the region.

The Platteville Terminal, located northeast of Denver, is the origination point of the White Cliffs Pipeline, a 526-mile crude oil pipeline terminating in Cushing, OK. Crude oil from the Denver-Julesberg basin is currently delivered to SemCrude's Platteville Terminal via transport trucks and unloaded through 10 existing truck bays. The expansion is expected to be complete by the end of 2012.

"Significant, increased demand continues for transporting crude through the White Cliffs Pipeline," said Pete Schwiering, President of SemCrude. "We are excited about this expansion and working with Anadarko to meet its rising production needs."

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