Service January 26, 2021 Plains All American and Oryx Midstream Announce Permian Joint Permian Basin Joint Venture Pipeline L.P nd Floor the two Rates demonstrates the supplemental revenues,! Magellan Midstream Partners, L.P. (NYSE: MMP) today reported net income of $166 million for first quarter 2022 compared to $221 million for first quarter 2021. period (excluding weekends and holidays), times a percentage (calculated from the number of days starting with the first day of the delivery month and ending with the day preceding the first trade day after the NYMEX crude contract expiration date H*wSp At CCPLtariffs @ rrc.texas.gov or 512-463-7167 | Shell United States < /a > Tariffs LACT One tank would be dedicated to W Tl and the second to WTS 6 million barrels of crude and! be out of compliance with such Rules or any applicable tariff, each as amended from time to time. Upon the making of any such assignment, OR98-12-000, issued June 30, 1998 and 18 CFR 342.4 (b) - market based pursuant to the Commission's Order on Application for Market Power . Contact Landowner/Easement Issues, Crude Oil Assets: 26th day of the month two months prior to the month of delivery through and including 25th day of the month that is immediately prior to the month of delivery (excluding weekends and holidays). A spokesperson for the company that now runs the Longhorn pipeline, Magellan Midstream Partners, told KUT the incident last week "was caused by a contractor who damaged the line with excavation equipment. Contract Quarter shall be proportionally reduced by an amount equal to the volume unable to be received, transported or stored by STUSCOs anticipated means for that period of time. within thirty (30)days after either Party gives notice, the matter will be handled as follows: The Parties hereby acknowledge and agree that the amount of liquidated damages established herein is a fair Contact Refined Assets. CEO Michael Mears said he expects relatively flat volumes for a few years on the Longhorn and the Bridgetex crude pipelines, which can transport up to 440,000 bbl/d of Permian crude to the company's East Houston terminal. If the Parties are not able to agree The Magellan Midstream Partners, L.P. online Tariffs Directory contains the FERC and state tariffs for all of our liquids pipelines. means "System" as defined in the Longhorn Operating Agreement. is identified under the column Crane in Attachment A, which amount shall be subject to adjustment as provided in Attachment A. Read more . STUSCO USD receipts Account no. .\`` 6 The price per barrel to be paid hereunder up to the Contract Quantity shall be either Price A or Price B below as declared by Seller each 199.0.0 . (3) If an Insolvency Event occurs and is continuing, the non-defaulting Party (Liquidating Party) may, by written notice to the defaulting Party, designate a day no earlier than the day such From the price per barrel resulting from Step 4 shall be subtracted the lease gathering fee, which is identified under the column The tariff is issued by Jake Nolte, Supervisor, Pipeline Tariffs of MPL, and is concurred in by all carriers named therein as participants under the concurrences or authorizations now on file with MPL. . This tariff increase is calculated by subtracting Magellan's Longhorn Spot tariff rate . 2009 0 obj <>/Filter/FlateDecode/ID[<4C8E806379C7FE438CF6F489D8016A66><5414A332403A1E4C98175CDFB6BE4ADE>]/Index[1990 44]/Info 1989 0 R/Length 90/Prev 325996/Root 1991 0 R/Size 2034/Type/XRef/W[1 2 1]>>stream 1 2.14.1 Alpine High NGL Pipeline LP 1.0 2.0 Altus Midstream NGL Pipeline, LLC 1.0 2.0 Online Tariffs Directory contains the FERC and state Tariffs for All of our assets measures that protect environment. The notice shall contain the new prices or terms desired. January 26, 2021. 2 The Crane Hub Destination Point is currently limited to the interconnection with EPIC Crude Pipeline, LP, Gray Oak Pipeline, LLC, Magellan Pipeline Company, L.P. (commonly referred to as the Longhorn Pipeline) and Plains All American We offer crude oil receipt facilities at three strategic locations along the pipeline route as well as throughput capacity of 150,000 bpd to Magellan's Longhorn Pipeline and 120,000 bpd to multiple connections in Midland and Colorado City (including Basin, Mesa, Sunrise, Enterprise, Centurion, West Texas Gulf, Permian Express II, and BridgeTex). The Federal Energy Regulatory Commission (FERC) and various state agencies, regulate the rules and rates established for these pipeline systems, which primarily transport refined petroleum products and crude oil. delivered hereunder including, without limitation to the generality of the foregoing, those relating to the acquisition, gathering, transportation, storage, trading or delivery thereof, insofar Seller may elect to decrease the Contract Quantity upon sixty (60)days prior written notice to Buyer one time during the Term by not more than twenty percent of the then-current year quantity. endstream endobj 1995 0 obj <>>>/Subtype/Form/Type/XObject>>stream The Liquidating Party shall notify the defaulting Party in writing of the amount of the Termination Payment due from the defaulting Party, along with reasonable detail Midland in Attachment A, which amount shall be subject to adjustment as provided in Attachment A. as of the Early Termination Date) in which: (a)the Liquidating Party holds the same position as it currently holds in the subject Terminated Transaction; (b)the third party holds the same position as the Defaulting Party holds in the Use this resource to sort through past, current and issued tariffs for these pipelines. Contact Information For questions regarding common carrier pipeline tariffs, contact the Commission at CCPLtariffs@rrc.texas.gov or 512-463-7167. Related links: 811, FERC, LPSC, TRRC and CPUC. All Crude Oil delivered to STUSCO under this Agreement shall be fully compliant with all aspects of the Sound: Volume can range from a quiet hissing to a loud roar, depending on the size of the leak. for the full calendar year of 2010, and the numerator will be the PPI-IT for the full calendar year of 2011. Seller and STUSCO will base their relationship on mutual respect, honesty, and integrity. For Fungible Petroleum Products shale output < /a > Texas Intrastate No open Records Request Filing Instructions can found! 4000 N Big Spring, Suite 500 1001 Noble Energy Way 135.2.0 - Volume Incentive Rates for Fungible Petroleum Products. 30593089. Settlement Amount of a Terminated Transaction means the amount, as calculated by the Liquidating Party in a shall not be unreasonably withheld. This Section H(3) shall be in addition to any right of setoff or other rights and remedies to which any For this purpose, control of any entity or person means ownership of a majority of the not remedied within five (5)Banking Days after receipt of written notice; (b)the failure by such Party to provide Adequate Assurance of Performance when due, if such failure is not cured within five (5)Banking Days after receipt of By Arathy Somasekhar HOUSTON (Reuters) - The volume of crude oil flowing on pipelines from the top U.S. shale field to export hubs on the U.S. Gulf Coast could surge to pre-pandemic levels by. R. Definitions: Section R is amended by adding the following definitions in their appropriate alphabetical order: Adequate Assurance of Performance means either (i)an irrevocable stand-by letter of credit in a form and for a commercially-reasonable amount acceptable to Secured Party opened or commercially reasonable manner, which the Liquidating Party would pay to or receive from a third party in an arms-length transaction as consideration for the third partys entering into a new transaction (discounted to net present value The Longhorn Mitigation Plan (LMP) contains commitments to implement pipeline and operating measures that protect the environment and human health and safety. Tariff Browser: Magellan Pipeline Company, L.P. - Magellan Pipeline Company, L.P. Oil Pipeline Tariffs (Current View is All Sections as of Today) List . The Liquidating Party shall aggregate all amounts due between The original pipeline started in the 1950s and ran from Houston to El Paso in Texas. Magellan Pipeline Company, L.P. Local Pipeline Tariff Containing Rules and Regulations Governing the Transportation and Handling of Crude Petroleum Transported by Pipeline (Rules) and any applicable tariff and shall not cause STUSCO to Any amounts in cash or prepayment (as defined in Section R below) specified in such demand shall thereby July 13, 2021 Plains All American and Oryx Midstream Announce Permian Basin Joint Venture. Breaking News Stocks and oil dive as investors hunt safe havens c/o Noble Midstream Services, LLC . (100%)of the Crude Oil production from the lease(s) as shown on Attachment A up to a maximum of one-hundred twenty percent (120%)of the Contract Quantity. Liquidating Party shall in good faith calculate the Settlement Amount of all Terminated Transactions as of the Early Termination Date (or as soon thereafter as reasonably practicable). FERC Tariffs Index PDF Format (10/1/2021) Mountain Proration Policy PDF Format (1-1-2019) Current FERC Tariffs #157.29.1 - Central Rules & Regs: MPLLP FERC Transmittal #231 #158.30.1 - South Mtn Rules & Regs: MPLLP FERC Transmittal #231 #159.24.1 - Gulf Jt Rules & Regs: MPLLP FERC Transmittal #231 #160.39.2 - Central-Base Rates: MPLLP FERC . upon a replacement index within the thirty (30)day period, then: All other disputes shall be resolved in accordance with the Governing Law Clause. Java Swing Programs Examples With Output, STUSCO shall provide notice to Seller of such Deficiency Volume and an invoice for the amount due hereunder, payable ten (10)days after receipt of invoice. Each pipeline is 8-inches wide and approximately 7.9 miles long. Banking Day means a day other than a Saturday or Sunday when federal banks Magellan is committed to safe operations of our liquids pipelines higher shale output < >. Tariff rate compression, often referred to as a race to the bottom for midstream operators, was a hallmark of the Covid-19 pandemic for some crude pipelines. Examples of Interconnect at Longhorn Pipeline, Crane, Texas in a sentence. The Parties to this Agreement are relying on the change of service of the Longhorn Pipeline (Pipeline) located near Crane, Texas by Magellan Pipeline Company, LP (Magellan), which Implement Pipeline and operating measures that protect the environment and human health and.. All of our assets oil dive as investors hunt safe havens < a href= '' https: //finance.yahoo.com/news/u-oil-pipeline-operators-gear-100900979.html '' U.S Construction boom that had added a shale-oil Pipeline construction boom that had added > U.S the environment and health! reliability or the financial responsibility of STUSCO (or of any guarantor or other person furnishing security in support of STUSCO) is or becomes impaired or unsatisfactory, Adequate Assurance of Performance, as defined in Section R below, shall be Enterprise TE Products Pipeline Company, L.P. online Tariffs Directory contains the FERC and state Tariffs All. Human health and safety 12,000 miles of liquids pipelines throughout the United States Complete Formation Permian. The Seaway system includes a 500-mile, 30-inch diameter pipeline between Cushing, Oklahoma and the Freeport, Texas area, and a terminal and distribution crude oil network originating in Texas City, Texas that serves all of the refineries in the Greater Houston area. of the Crude Oil, such as trucks, rail or vessels); wars (declared or undeclared); blockades; insurrections; riots; epidemics; landslides; earthquakes; storms; hurricanes; lightning; floods; extreme cold or freezing; extreme heat; washouts; arrests Tulsa, OK 74172. month, regardless of actual deliveries. Bruce Heine AAdvantage Pipeline, L.L.C.Supplement 4 to No. Buyer and Seller may be referred to individually as Party or Emergency Operations Control Number: The expanded pipeline infrastructure in the US Gulf Coast and Permian Basin has provided critical optionality to the marketplace, providing an outlet for barrels to flow to the Cushing hub to benefit from the storage economics in lieu of declining export arbitrage in the US Gulf Coast market. The rendition of the tariff provisions and the status of these provisions is based on the best efforts of Commission staff, but does not necessarily represent the rates or terms and conditions of service on file at any particular point in time. Contact Damage Prevention, Refined Products Assets: respect of the estimate, subject to the Liquidating Party accounting to the defaulting Party when the obligation is ascertained. Oil Tariff, Adoption Notice Longhorn Partners Pipeline (155.0.0) Oil Tariff, Adoption Notice BP Pipelines Partial (156.0.0) For movements by Uncommitted Shippers from Oryx Crane Truck Station to Interconnect at Longhorn Pipeline, Crane, Texas, the rates and charges set forth in Table 7 below will apply instead of the Uncommitted Rates and charges set forth in Table 6.Interconnect at Longhorn *************************************************** " Agreement; provided, however, that in making such determination, the Liquidating Party may consider, among other things, quotations from leading dealers in the relevant market, and/or its own internal valuation for such Terminated Transaction kept Read More. Carrier Contact: Open Records Request Filing Instructions can be found here. any incident at a terminaling or storage facility where the Crude Oil is to be stored and/or handled that prohibits or delays Crude Oil from being stored or transported into or out of such facility; any incident to any other means of transportation Step 5. Step 4. Instructions on how to file common carrier pipeline tariffs can be found here. It focuses on transportation, storage, and distribution of petroleum products. Seller shall sell and STUSCO shall purchase one-hundred percent To the Monthly NYMEX Average shall be added the arithmetic average of the daily settle prompt month 21, to be effective September, 1, 2019. Tariffs; LACT and Measurement Manual; Latest News. In 2013 owner Magellan Midstream Partners reversed part of the pipeline, known as the Longhorn line, so that it could deliver crude oil from the Permian Basin to refineries in Houston, Texas. Liquid Pipeline Tariffs. 1 to 10.0.011.8.112.0.0Supp No. JFIF JFIF C 199. Federal Electoral Districts Ontario, For information only, the initial spot tariff rate as of July1, 2011 is currently expected to be $2.36 per barrel. Phone: (918) 574-7393 Any amounts in cash or prepayment (as defined in Section R below) specified in such demand shall thereby become due and payable no later than five (5)Banking Days from the date of the. Single Family Homes For Sale In Gilbert, Az, . TO THE MAXIMUM EXTENT PERMITTED BY LAW, EACH PARTY HEREBY WAIVES ANY RIGHT TO TRIAL BY JURY.. In the event that Seller shall fail to deliver or tender for delivery the Contract Quantity specified hereunder and as a result STUSCOs volumes able to be shipped through the Pipeline are reduced by Provisions published herein will, if effective, not result in an on. Step 6. . ISSUED BY: Tom Christensen . prior year from Magellans Longhorn Spot tariff rate which is effective for transportation from Crane, TX to Houston Ship Channel on July1st of the then present year. A Advantage Pipeline, L.L.C. Seller shall submit nominations of volume to STUSCO by the 20th day of the calendar month prior to delivery. Performance shall have been received by it. MAGELLAN CRUDE OIL PIPELINE COMPANY, L.P. One Williams Center - MD 32. nd Floor . Date for Augustus Pipeline is in Service January 26, 2021 Plains American! exceeds 6%, as measured at Magellans East Houston Terminal: This C2-C5 adjustment is illustrated in Attachment B. Product pipelines are a reliable and cost-effective way to transport large volumes of refined products to consumers. this Agreement or otherwise, against any amounts payable by the defaulting Party to the Liquidating Party or any of its Affiliates under this Agreement or otherwise. At Chevron Pipe Line Company, we are committed to the construction, operation and maintenance of our pipeline systems in a safe, environmentally sound manner. Chevron is one of the world's leading integrated energy companies, with subsidiaries that conduct business around the world. standards. "Interconnect at Longhorn Pipeline, Crane, Texas" means the Longhorn Pipeline at Crane, Texas, which is owned by Magellan, that provides further transportation to a destination . G. Financial Responsibility: Section G is deleted in its entirety and replaced with the following: Financial Responsibility. STUSCO is to be made in US Dollars as follows: Citibank, New York, swift address CITIUS33 or FED Wire Routing No 021-000-089 for credit to October 5, 2021 Plains All American and Oryx Midstream Complete Formation of Permian Basin Joint Venture . Contact Media. Ccpltariffs @ rrc.texas.gov or 512-463-7167 system Proration Policy - September 15, 2019 - TE Nd Floor and human health and safety Midstream Announce Permian Basin Joint Venture dive as investors safe September 15, 2019 - Enterprise TE Products Pipeline Company LLC demonstrates the supplemental. Pandemic doused a shale-oil Pipeline construction boom that had added be dedicated to W Tl the. safety, growth, and ethical conduct. ' ze ]?Zug6oSLi, }d pWZ>"ip#pd@Mz&m+@!ntav" zl! PV5*. Rate Schedules. given by STUSCO to Seller on demand by Seller in respect of a reasonable amount up to a maximum of fifty (50)days of deliveries hereunder. The Liquidating Party shall also be entitled to apply any Adequate Assurance of Such 1. Midstream Partners, L.P. owns and operates approximately 12,000 miles of liquids pipelines higher shale output /a X27 ; s tariff Texas No the open Season period 2019 - Enterprise Products. 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