THE WOODLANDS, Texas,
Feb. 9, 2016 /PRNewswire/
-- Summit Midstream Partners, LP (NYSE: SMLP) announced today
that it has commenced operations of the Stampede Lateral crude oil
transmission pipeline in North
Dakota and is currently in the final stages of completing
the nearby Little Muddy crude oil transmission pipeline, which
includes an interconnect with Enbridge's North Dakota Pipeline
System. These crude oil development projects provide
customers on the Polar & Divide gathering system with two new
delivery points and enhanced optionality to access additional
downstream markets via rail and pipeline infrastructure.
Prior to the commissioning these projects, crude oil on the
Polar & Divide system was delivered exclusively to the Colt Hub
rail terminal in Epping, North
Dakota.
The Stampede Lateral connects SMLP's Polar & Divide crude
oil gathering system with Global Partners LP's ("Global") Basin
Transload rail terminal located near Columbus, North Dakota. The Stampede Lateral
provides Global and other producers in the region with up to 60,000
bbls/d of crude oil throughput capacity. The 46-mile, 10-inch
diameter transmission pipeline originates at SMLP's newly-built,
Divide Station, which offers truck unloading capabilities and
75,000 barrels of crude oil storage capacity. The Stampede
Lateral is underpinned by a long-term, fee-based contract with
Global, including minimum volume commitments. Crude oil on
the Stampede Lateral is delivered to Global's Basin Transload rail
terminal which offers single line haul rail access to Global's
Albany, New York terminal.
The Little Muddy pipeline will connect SMLP's Polar & Divide
crude oil gathering system with Enbridge's North Dakota Pipeline
System in Williams County, North
Dakota via Enbridge's Little Muddy Facility located near
Marmon, North Dakota. This development project includes
14-miles of 10-inch diameter crude oil transmission pipeline with
throughput capacity of 27,000 bbls/d. Crude oil delivered to the
Little Muddy Interconnect will gain pipeline access to various
downstream markets including Chicago, Patoka, Cushing, Eastern
Canada, and the Gulf Coast.
Steve Newby, President and Chief
Executive Officer of SMLP commented, "The start-up of the Stampede
Lateral and Little Muddy Interconnect significantly diversifies our
downstream takeaway options for our customers on our crude oil
gathering systems in the Bakken. We are excited to enhance
the interconnectivity of our crude gathering system and to provide
our customers with to access multiple downstream markets".
About Summit Midstream Partners, LP
SMLP is a
growth-oriented limited partnership focused on developing, owning
and operating midstream energy infrastructure assets that are
strategically located in the core producing areas of unconventional
resource basins, primarily shale formations, in the continental
United States. SMLP currently
provides natural gas, crude oil and produced water gathering
services pursuant to primarily long-term and fee-based gathering
and processing agreements with customers and counterparties in four
unconventional resource basins: (i) the Appalachian Basin, which
includes the Marcellus Shale formation in northern West Virginia; (ii) the Williston Basin, which includes the Bakken and
Three Forks shale formations in northwestern North Dakota; (iii) the Fort Worth Basin, which includes the Barnett
Shale formation in north-central Texas; and (iv) the Piceance Basin, which
includes the Mesaverde formation as well as the Mancos and Niobrara shale formations in
western Colorado and eastern
Utah. SMLP owns and operates more
than 2,600 miles of pipeline and is headquartered in The Woodlands, Texas with regional corporate
offices in Denver, Colorado and
Atlanta, Georgia.
About Summit Midstream Partners, LLC
Summit Midstream
Partners, LLC ("Summit Investments") directly and indirectly owns a
44.0% limited partner interest in SMLP and indirectly owns and
controls the general partner of SMLP, Summit Midstream GP, LLC,
which has sole responsibility for conducting the business and
managing the operations of SMLP. Summit Investments owns, operates
and is developing various natural gas, crude oil and produced
water-related midstream energy infrastructure assets in the Utica
Shale in southeastern Ohio, the
Bakken Shale in northwestern North
Dakota, and the DJ Basin in northeastern Colorado. Summit Investments also owns a 40%
interest in a joint venture that is developing natural gas
gathering and condensate stabilization infrastructure in the Utica
Shale in southeastern Ohio. Summit
Investments is a privately held company controlled by Energy
Capital Partners II, LLC, and certain of its affiliates. An
affiliate of Energy Capital Partners II, LLC directly owns a 2.5%
limited partner interest in SMLP.
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SOURCE Summit Midstream Partners, LP