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Tuesday, February 19, 2013 5:37:15 AM
Within the last year the Seaway pipeline, owned by Enterprise Products Partners (EPD) and Enbridge (ENB), was reversed and now 400,000 bopd flow out of Cushing to Texas and Gulf Coast refineries. A twin line, which is scheduled for completion in 2014, will up the Seaway flow out of Cushing to 850,000 bopd.
Enbridge's Light Oil Market Access Program: This program consists of several pipeline enhancement projects across southern Canada and the upper U.S. Midwest. The projects will improve oil flow to Midwest and Eastern refineries -- eventually adding some 400,000 bopd to outflow from Canada and North Dakota. Estimated completion dates are spread out over the next few years.
TransCanada has now started construction on the southern leg of the Keystone Pipeline which it calls the Gulf Coast Pipeline Project. This pipeline, like the Seaway, will move oil out of Cushing to Gulf Coast refineries. Capacity is estimated at 700,000 bopd when completed in late 2013.
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Purely my own opinion. This is not investment advise and do your own due diligence.
Recent EPD News
- Enterprise Receives Deepwater Port License for Spot Project • Business Wire • 04/09/2024 12:00:00 PM
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- Enterprise Products Partners L.P. 2023 Letter to Investors Now Available • Business Wire • 03/01/2024 05:31:00 PM
- Enterprise Products Partners L.P. 2023 Form 10-K Now Available • Business Wire • 02/28/2024 05:24:00 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 02/28/2024 03:54:40 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/21/2024 09:11:06 PM
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- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/21/2024 09:10:43 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/21/2024 09:10:28 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/21/2024 09:10:22 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/21/2024 09:10:17 PM
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- Enterprise to Acquire Interest in Panola NGL Pipeline From Western Midstream • Business Wire • 02/21/2024 09:10:00 PM
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- Form 8-K - Current report • Edgar (US Regulatory) • 02/16/2024 09:13:02 PM
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- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/08/2024 11:18:12 PM
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