Western Refining Announces New Delaware Basin Pipeline Project

abarrelfull wrote on 17 Apr 2014 12:37
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Western Refining, Inc. (NYSE:WNR) announced today an additional pipeline project in the Delaware Basin. Subject to approvals, Western plans to construct a new pipeline originating near Western Refining Logistics, LP's (NYSE:WNRL) existing Mason Station crude oil gathering facility in Reeves County, Texas terminating at a new crude oil gathering facility at Wink Station in Winkler County, Texas. The pipeline, approximately 40 miles in length, will be capable of receiving and transporting up to 125,000 barrels per day of light crude oil and condensate (> 45° API) for delivery to common carrier pipelines at Wink, Texas and is expected to be in service by mid-2015.

Jeff Stevens, President and CEO of Western commented, "Given the growth of light crude oil and condensate production in the Delaware Basin, we believe there is an opportunity to continue to expand and enhance our logistics capabilities. Our unique location and existing infrastructure present us with a number of opportunities to maximize our capabilities to deliver shale crude oil to both our refineries and third parties."

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• Western Refining Announces New Delaware Basin Pipeline Project

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