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NGLs Week is PetroChem Wire's comprehensive summary of price trends, upstream and downstream costs, operations news and supply/demand forecasts. The report contains everything you'll need to understand what's happening in the NGL markets.

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BP anchors new Y-grade NGL pipeline from Permian to Corpus Christi

HOUSTON, October 1, 2017 (PCW) – BP announced late Friday it would be the anchor shipper on a new Y-grade NGL pipeline from the Permian Basin to Corpus Christi.

The 220,000 b/d, 650-mile Epic NGL pipeline will originate in the Midland and Delaware basins with interconnects in Orla and Benedum, terminating at Corpus Christi. Developer Epic Y Grade Pipeline LP intends to build a fractionation complex to accommodate supplies from the mixed NGLs pipeline. In 4Q, EPIC said it would conduct an open season to solicit further interest in the pipeline. An initial phase of the system is expected to come online in early 2018.

The pipeline has secured a capital commitment from funds managed by Ares Management.

Epic joins a swath of new NGL pipelines and capacity expansions targeting Permian production growth. These include:

-- DCP’s Sand Hills expansion to 365,000 b/d from 280,000 b/d in 4Q;

-- EPD’s 571-mile, 250,000 b/d Shin Oak Y-grade pipeline from the Hobbs fractionation facility in Gaines County, Texas, to Mont Belvieu. The line could be expanded to 600,000 b/d and is expected to come online in 2Q 2018;

-- Targa’s 300,000 b/d Grand Prix Y-grade line from the Permian and Targa’s NorthTexas system to its Mont Belvieu facility. The pipeline could be expanded to 550,000 b/d. It is expected to go into service by 2Q 2019.

-- Permico Energia’s 510-mile, 330,000 b/d Companero Y-grade pipeline from the Permian basin to a 300,000 b/d fractionator near Corpus Christi. -- Samantha Hartke

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