White Cliffs Pipeline, L.L.C. Completes Successful Open Season for Expansion Project

abarrelfullabarrelfull wrote on 27 Oct 2012 17:06
Tags: n-america pipeline semgroup usa

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White Cliffs Pipeline, L.L.C. ("WCPL") owned by a subsidiary of SemGroup® Corporation (NYSE:SEMG), a subsidiary of Plains All American Pipeline, L.P. (NYSE:PAA), a subsidiary of Western Gas Partners, LP (NYSE:WES) and a subsidiary of Noble Energy, Inc. (NYSE:NBL) today announced that it has received sufficient binding shipper commitments during its recent open season to move forward with its Expansion Project which will allow the company to provide additional crude oil transportation service from Platteville, Colorado, to Cushing, Oklahoma.

"We are happy to finalize these binding contracts with our shippers and appreciate their firm commitments to this expansion," said Norm Szydlowski, chief executive officer of SemGroup Corporation. "The expansion of the White Cliffs Pipeline will help meet a growing demand for midstream services in the Denver Julesburg Basin by increasing the current pipeline capacity from approximately 70,000 bpd to about 150,000 bpd."

Subject to Federal Energy Regulatory Commission and other regulatory approvals, the WCPL expansion is anticipated to be in service in the first half of 2014. Following completion, Rose Rock Midstream, L.P. (NYSE:RRMS), SemGroup's master limited partnership, will continue operating the expanded White Cliffs Pipeline.

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