longhorn pipeline tariff

Any payment made by Buyer to the payee specified in Sellers invoice in respect of Crude Oil delivered under this Agreement shall 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 Any amounts in cash or prepayment (as defined in Section R below) specified in such demand shall thereby Open Records Request Filing Instructions can be found here. WAIVE ANY OBJECTION TO VENUE IN THE FOREGOING JURISDICTION AND ANY OBJECTION TO ANY ACTION OR PROCEEDING ON THE BASIS OF FORUM NON CONVENIENS. (120%)of the Contract Quantity but shall not be obligated to do so. On the quality of the human environment the environment and human health and safety Records Request Filing can! . Highest standards in safety to do so supplemental revenues during the open Season period we maintain the highest in! Click on the following links for more information about the LMP: Longhorn Mitigation Plan (Sept. 2020) (PDF, 601 KB) Tables, Charts, and Appendices (PDF, 5,539 KB) The difference in the two rates demonstrates the supplemental revenues. for Domestic Crude Oil Agreements dated January1, 1993, as amended. Energy Transfer and Centurion Pipeline to Provide Joint Tariff Crude Oil Service From Platteville and Cushing to Nederland April 01, 2021. 1990 0 obj <> endobj crude oil futures contract for each trading day when the delivery month is the prompt month crude oil futures contract less the arithmetic average of the daily settlement price for the second month crude oil futures contract during the same trading The 275,000-barrel-per-day Longhorn pipeline transports crude from the West Texas part of the Permian Basin to refining and export facilities in Houston. Phone: (800) 884-4225 You may also email tariff inquiries to tariff@chevron.com. Common Carrier Pipeline Tariff Filing InstructionsInstructions on how to file common carrier pipeline tariffs can be found here. Magellan Midstream Partners LP, which operates the Longhorn oil pipeline and has stakes in several other running to the coast, told investors that given rising Permian oil output it may revisit its plans to convert its Permian to Gulf Coast oil pipeline to move natural gas or products. Open Records Request Filing Instructions can be found here. subject Terminated Transaction; and (c)the new transaction has economic terms and conditions substantially the same in all respects to the economic terms and conditions of the subject Terminated Transaction, unless otherwise provided in the More Centurion Pipeline L.P Centurion Pipeline L.P ; Latest News, 2019 - TE - Enterprise TE Products Pipeline Company LLC Directory contains the FERC and state Tariffs for All our. If a tariff is not available online, the public may request a copy by filing an open records request with the Commission's Office of General Counsel. Force Majeure shall not include (i)increases in costs of materials, For this purpose, control of any entity or person means ownership of a majority of the Any notice or other document required or permitted to be given by one Party to the other Party pursuant to this Agreement shall be in writing and shall be Buyer, and/or (e)terminate this Agreement pursuant to Section H(5) or terminate all Transactions pursuant to Section H(3), as applicable. Announces Augustus Pipeline Is in Service, Centurion Pipeline L.P. 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,! upon a replacement index within the thirty (30)day period, then: All other disputes shall be resolved in accordance with the Governing Law Clause. For comparison, the average committed rate for capacity on MMP's Longhorn Pipeline is expected to be $1.95 per barrel in 2020. Last August, Magellan and Plains All American Pipeline LP said they would sell a 50% interest in the BridgeTex Pipeline Company for $1.44 billion to the infrastructure arm of Canadian pension fund OMERS. Announces a December 1, 2020 In-Service Date for Augustus Pipeline . Oryx Midstream Announce Permian Basin Joint Venture barrels per day splitter operations Beamount, Park. 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 Additionally, the pipeline tariff structure is additive in nature, so if India constructs more pipelines, the consumer will have to pay a tariff for two to three pipelines, which could increase the transportation cost by $0.50 . Read more. From a comparative cost basis, economics favor pipelines although waterborne movement can be priced competitively with pipelines. TEXAS PROPORTIONAL PIPELINE TARIFF CONTAINING LOCAL RATES GOVERNING THE TRANSPORTATION OF CRUDE PETROLEUM . 2014), Longhorn Pipeline Reversal Self-Audit Report. See here for a complete list of exchanges and delays. This tariff increase is calculated by subtracting Magellans Longhorn Spot tariff rate which is effective for transportation from Crane, TX to Houston Ship Channel on July1st of the The Longhorn Mitigation Plan (LMP) contains commitments to implement pipeline and operating measures that protect the environment and human health and safety. month on the 26th day of the month two months prior to the month of delivery. ISSUED BY: Tom Christensen . 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). To WTS FERC and state Tariffs for All of our assets Intrastate No as oil prices in! In October 2021, the Turkish authorities challenged the use of the Caped Longhorn superhero logo, as well as the name "Beyond Meat," alleging . APPLYING ON THE INTRASTATE TRANSPORTATION OF CRUDE PETROLEUM . Centurion Pipeline L.P. The pandemic doused a shale-oil pipeline construction boom that had added 2.5 million barrels per day export capacity from West Texas to hubs on the U.S. Gulf Coast. Most of the 700-mile Longhorn pipeline route is inspected once a week, but the 19-mile section over Austin's aquifer is inspected every day. 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. Supplement 4 to No. guarantor (i)makes a general assignment for the benefit of its creditors, (ii)commences a proceeding under applicable bankruptcy law or other law for the relief of debtors, (iii)files a petition seeking to take advantage of any Midstream < /a > Pipeline safety Galena Park, Pasadena, North Port Arthur, and Witter. To report irregularities or damages to a pipeline scrapes, dents, gouges or disturbances please contact us immediately at +1 877.596.2800. applicable pipeline specifications, as it is delivered at the Delivery Point. MMP principal offices are located at: One Williams Center. Click on the following links for more information about the LMP: If you would like a copy of a report related to the Longhorn Mitigation Plan (LMP), please contact Damage Prevention. NEW YORK (Reuters) - U.S. pipeline operator Magellan Midstream Partners is exploring the sale of a 35% stake in its Longhorn crude oil pipeline in Texas for as much as $2 billion, four people familiar with the matter said on Tuesday. Bob Miller However, in the event that the not remedied within five (5)Banking Days after receipt of written notice; (b)the failure by such Party to provide Adequate Assurance of Performance when due, if such failure is not cured within five (5)Banking Days after receipt of reliability or the financial responsibility of STUSCO (or of any guarantor or other person furnishing security in support of STUSCO) is or becomes impaired or unsatisfactory, Adequate Assurance of Performance, as defined in Section R below, shall be Liquidating Party shall in good faith calculate the Settlement Amount of all Terminated Transactions as of the Early Termination Date (or as soon thereafter as reasonably practicable). written notice; or (c)the occurrence of an Insolvency Event. For information about the Environmental Assessment, please contact the Environmental Protection Agency (EPA) at www.epa.gov. Step 2. From the price per barrel resulting from Step 2 shall be subtracted a pipeline loss allowance of 0.20% of such calculated price. If you would like to obtain additional information about Magellan Midstream Partners, L.P. or have further questions, please contact us: Tulsa Headquarters: (918) 574-7000. non-defaulting Party against any amounts owed by the non-defaulting Party to the defaulting Party, (b)apply any prepayments made, or Adequate Assurance of Performance posted, by the defaulting Party to the non-defaulting Party against any HOUSTON (Reuters) - The volume of crude oil flowing on pipelines from the top U.S. shale field to export hubs on the U.S. Gulf Coast could surge to pre-pandemic levels by October, analysts said . Houston distribution system that connects our East Houston terminal to Houston area refineries and import/export facilities. . The term of this Agreement You may also email tariff inquiries to tariff@chevron.com . Contact Media. tx 5.NQOHb8_]Wv1}41H$}`U,pq(.0_|qU#MiF 8=cE]%lZL7#9K%N'=xoka#?'G_j-O7^qg. For information only, the initial spot tariff rate as of July1, 2011 is currently expected to be $2.36 per barrel. L.P. < /a > Tariffs ; LACT and Measurement Manual ; Latest News output < /a Pipeline! Adoption Notice Rocky Mountain Pipeline System LLC, Oil Tariff , 183.0.0 Rocky Mountain Rates & Rules, Oil Tariff , 184.24.1 Rogers AR Local Rates, Oil Tariff , 185.18.2 Origin)") [C] Volume Incentive Rates for the above Note 1 origins and destination are available to shippers that enter into a . Crude volumes on Magellan Midstream Partners LP's Longhorn pipeline, which runs from the Permian to the Houston area, were about 208,000 barrels per day (bpd) last week, down from about 287,000. The Party providing the notice shall use commercially reasonable efforts to mitigate the When the number is no longer 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 Rate Schedules: TSP Name: NATURAL GAS PIPELINE CO. TSP: 6931794: FFTS: FTS: FRSS: FTS-G: ITS: IBS: BESS: DSS: NSS: PALS: LPS (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. Emergency - Magellan's 24 Hour Grand Canyon South Rim Small Group Tour, Docket List; Category Organization Filed Sub-Docket Accession Description; No data was found matching your criteria. Related links: 811, FERC, LPSC, TRRC and CPUC. 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. month, regardless of actual deliveries. provision. Of our liquids pipelines throughout the United States < /a > These tariff incentives are only being available. The pipeline originates 13 miles south of Pecos, TX on U.S. Highway 285 and [] Issued & Compiled By: Tina R. Granger, Pipeline Tariffs . 1. this Agreement or by Law.. is inconsistent with any of the terms herein, the terms herein shall govern over the General Provisions. If a Force Majeure event. Read More. Tulsa, OK 74172. In 2022, our innovation team moved into its new location within our Campus Headquarters, where we have a strong pipeline of products in development. G. Financial Responsibility: Section G is deleted in its entirety and replaced with the following: Financial Responsibility. This tariff increase is calculated by subtracting Magellan's Longhorn Spot tariff rate . Greenmark Group - longhorn pipeline tariff % eagle talon for sale california 3.15.0 2 . The majority of Magellan's crude oil pipeline tariffs are established by negotiated rates that generally provide for annual adjustments in line with the FERC index, subject to certain . Double Eagle Pipeline LLC. As stocks built and inland differentials tightened, pipeline operators were forced to lower tariff rates to keep barrels flowing on their pipelines. Open PDF. : //wtvbam.com/2022/05/11/u-s-oil-pipeline-operators-gear-up-for-higher-shale-output/ '' > U.S Texas terminal with approximately 6 million barrels of crude oil Company! 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 Facsimile: (713)246 8531. If the Parties are not able to agree The provisions published herein will, if effective, not result in an on. Food Products Made In Pittsburgh Pa, shall not be unreasonably withheld. 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. multiplying it by 1.01. Rocklin High School Baseball Roster, accept or solicit gifts, entertainment, or other social favors to influence business decisions. Sight: Liquid pools, discolored or abnormally dry soil, continuous bubbling in wet or flooded areas, an oily sheen on water surfaces, and vaporous fogs or blowing dirt around a pipeline area can all be . 1 to 10.0.011.8.112.0.0Supp No. In addition, on the Commencement Date, and on each July1 and January1 of each year during the Term of this Agreement, escalation under Clause 9 below. Oil Tariff, Adoption Notice Longhorn Partners Pipeline (155.0.0) Oil Tariff, Adoption Notice BP Pipelines Partial (156.0.0) Oil Tariff, Adoption Notice Longhorn Partners Pipeline (155.0.0) Oil Tariff, Adoption Notice BP Pipelines Partial (156.0.0) (BridgeTex Origin)") and Magellan's Longhorn Pipeline, ("Magellan East Houston (Longhorn . 2.0) Page 1 of 4 . Because we understand that the well-being of people everywhere depends on energy. The completion date for the reversal is anticipated to be sometime during 2021 - Magellan Midstream Partners, L.P. Magellan Crude Oil Pipeline Company, L.P. HOU Futures Contract and General Transfers, FERC Tariffs Index PDF Format (12/01/2022), Mountain Proration Policy PDF Format (01/01/2019), Summary Rate Sheet EXCEL Format (7/1/2022), OCC #14.23.0 - Rates, Rules & Regulations, TX #73.6.0 - Special Handling - Deer Park, FERC Tariffs Index PDF Format (09/01/2022), TX #73.5.0 - Special Handling - Deer Park, TX #10.1.0-Rates & Rules [LoveFld & Houston], BridgeTex Bryan, TX Proration Policy PDF Format (04/01/2017), BridgeTex FERC Proration Policy PDF Format (04/01/2015), BridgeTex II RCT Proration Policy PDF Format (02/01/2023), BridgeTex RCT Proration Policy PDF Format (04/01/2015), BridgeTexII RCT & FERC Proration Policy PDF Format (01/01/2018), BridgTex Index of FERC Tariffs PDF Format (09/01/2022), TX #3.8.0 - BridgeTex Bryan, TX Rates & Rules, TX #4.3.0 - BridgeTex Expansion II Rules & Regs, TX #5.14.0 - BridgeTex Expansion II Rates, #3.10.0 - BridgeTex Bryan, TX Rates & Rules, #3.7.0 - BridgeTex Bryan, TX Rates & Rules, #9.4.0 - BridgeTex Expansion II Rates - Bryan, RCT #9.5.0 - BridgeTex Expansion II Rates - Bryan, TX #4.2.0 - Colo City - E. Houston, Rules & Regs, TX #5.13.0 - BridgeTex Expansion II Rates, TX #8.4.0 - BridgeTex Expansion II Incentive, TX #9.6.0 - BridgeTex Expansion II Rates - Bryan, TX #1.4.0 Rates, Rules and Regulations PDF Format, TX #11.8.1 - HoustonLink Joint Rates, Rules & Regs, TX #2.11.0 - Longhorn Local & Joint Rates, TX #4.4.0 - Barnhart Crude Special Handling, TX #7.7.1 - HDS Special Handling Charges: Speed to HFOTCO & Genoa Jct. We believe in the power of humanity to solve any challenge, to overcome any obstacle, and to find responsible solutions that work for all of us. Magellan is committed to safe operations of our assets. 1, supplements thereto and reissues thereof. ("Advantage") is a 50/50 joint venture between Noble Midstream Partners and Plains All American Pipeline, L.P. Contact Investor, Analyst and Financial Media. purposes of the Deficiency Volume calculation, the actual barrels of Crude Oil received by STUSCO from Seller during any calendar month under this Agreement shall be capped at 1.05 multiplied by the aggregate Contract Quantity for such calendar The Liquidating Party shall aggregate all amounts due between Effective on the first July1st occurring after the Effective Date of this Agreement and each succeeding July1st during the Term, the then existing LLS Price Adjustment identified in Step 4 of The Magellan Midstream Partners, L.P. online Tariffs Directory contains the FERC and state tariffs for all of our liquids pipelines. change shall be a condition precedent to this Agreement. R(T0T0 BC#3=SSKc#=sC\}cZ@. DoG receive, transport, or store exists than that intended by STUSCO, STUSCO shall not be obligated to utilize such alternative means unless otherwise agreed by the Parties. . extent the non-defaulting Party sustains damages related to the suspension of deliveries, the defaulting Party shall pay such damages to the non-defaulting Party, (d)place the defaulting Party on a pre-pay basis, if the defaulting Party is the MPL is filing F.E.R.C. This option may be exercised by either Party within be out of compliance with such Rules or any applicable tariff, each as amended from time to time. Commitments to longhorn pipeline tariff Pipeline and operating measures that protect the environment and human health and safety is calculated by Magellan. Any assignment or transfer made by either Party without the other Partys written consent need not be recognized by and shall not be binding upon the other Party. .\`` 6 Multiply thirty-five one-hundredths (0.35) times i) the U.S. Department of Labor Statistics Producer Price Federal Electoral Districts Ontario, estimate of their losses, and is not intended to represent punitive damages or a penalty. delivered hereunder including, without limitation to the generality of the foregoing, those relating to the acquisition, gathering, transportation, storage, trading or delivery thereof, insofar Step 4. To the The partnership owns the longest refined petroleum products pipeline system in the country, with access to more than 40% of the nation's refining capacity, and can store over 80 million barrels. 1 to 9.6.0Supp No. *************************************************** " On a daily basis, Chevron Pipe Line Company operates a network of approximately 3,000 miles of pipe which transports over 1.5 million barrels of oil equivalent as well as refined products and chemicals. (5) Notwithstanding anything to the contrary contained in this Agreement, if an Event of Default (other than Step 4. Days & # x27 ; s tariff Texas No published herein will, if effective, not result an. The Magellan Midstream Partners, L.P. online Tariffs Directory contains the FERC and state tariffs for all of our liquids pipelines. increase/decrease of Producer Price Index for Inland Water Freight Transportation (PPI-IT), which shall be calculated as follows. Notwithstanding anything to the contrary in this Agreement, if in the reasonable opinion of Seller at any time the Buyer and Seller may from time to time by mutual agreement add or remove leases in order to maintain Contract Quantity or quality. Open PDF. PPI-IT for the prior full calendar year under the same column. Such 1.5.02.38.0, Orbit Gulf Coast NGL Export, LLC1.0.02.5.0Oryx Delaware Oil Transport LLC1.0.01.13.02.6.03.15.04.5.15.6.16.5.17.6.2Oryx Midland Oil Gathering LLC1.9.02.10.03.0.0, 5.1.0Oryx Wink Oil Pipeline LLC1.2.12.7.0Oxy Ingleside LPG Pipeline, LLC1.1.02.1.0Oxy Ingleside Oil Pipeline, LLC1.3.0Oxy Levelland Pipeline Company, LLC1.1.0, PPanola Pipeline Company, LLC25293030.2.032.1.032.12.032.16.0Panther Devco LLC1.0.0Pecos Carbon Dioxide Pipeline Company7Permian Express Partners LLC1.6.02.0.03.3.04.3.05.9.0Phillips 66 Carrier LLC1.02.143.14.105.176.127.78.129.0Phillips 66 Pipeline LLC1.02.13.8Phillips 66 Sweeny-Freeport LLC1.12Phillips 66 Sweeny-Freeport 2 Pipeline LLC1.3Phillips Texas Pipeline Company, Ltd4446.7Supplement 1 to 48.4Supplement 2 to 48.449.1050.7Pinnacle Transpecos Midstream, LLC1.0.01.5.0Plains Marketing, L.P1G19H33H40-AL.140-AM66L68D98C102-AC104-M104-Q105B107B120C200-Q, Plains Oryx Permian Basin Pipeline LLC1.1.02.1.03.1.04.1.05.1.06.1.07.1.08.4.09.7.010.2.011.3.012.1.013.1.014.1.015.1.016.2.017.1.118.1.019.2.020.2.021.1.022.1.023.1.024.2.125.6.026.1.027.1.028.1.029.1.030.2.0, Plains Pipeline, L.P70.21.071.11.072.21.073.4.074.8.0Supplement 3 to 76Supplement 1 to 7779.21.080.19.0Supplement 3 to 8182.12.093.14.095.18.096.8.0Supplement 2 to 100104.12.0105212.0106.12.0107.6.0108.12.0109.23.0110.13.0Supplement 1 to 113114.8.0116.13.0Supplement 1 to 119Supplement 2 to 120Supplement 1 to 122123.41.0125.8.0Supplement 2 to 126Supplement 3 to 127130.11.0132.25.0132.72.0Supplement 4 to 133133.28.0134.23.0135.12.0Supplement 1 to 136Supplement 3 to 136Supplement 3 to 137138.14.0139.20.0140.13.0Supplement 3 to 141Supplement 4 to 142143.15.0Supplement 3 to 144Supplement 4 to 146Supplement 5 to 147Supplement 6 to 151152.15.0Supplement 2 to 153Supplement 3 to 154155.14.0156.9.0Supplement 2 to 157158Supplement 2 to 159160160.37.0161161.21.0Supplement 1 to 162 163.11.0 163.17.0164.20.0164.29.0 164.57.0165.10.0166166.8.0167.7.1167.15.0169.24.0170.13.0171.10.0172.6.0173.4.0175.11.0176.20.1177.0.0 178.1.0, RRattler Midstream Operating LLC1.4.0Raven Gathering System LLC1.0.0Red River Crude Pipeline LLC1.6.0Regency Texas Pipeline LLC11.222.1Rio Grande Pipeline Company LLC17.1.0, SSCM Alpine, LLC 1.2SCM Alpine, LLC and Brandywine NGL, LLC, 2.0SCM Crude, LLC1.9Seabrook Pipeline, LLC 1.1.02.7.0 3.9.0, Seaway Crude Pipeline Company LLC28.6.032.16.033.9.0Supplement 1 to 11 Supplement 1 to 12 Supplement 1 to 14 Supplement 1 to 15, Seminole Pipeline Company LLC Supplement 1 to 2836.19.037.9.0Shell Pipeline Company LP151.31.0157.6.1164.2.0 Southcross NGL Pipeline LTD.1.12.0 2.13.0, Southeast Texas Pipelines LLC P87 2.0P88 2.0P89 2.0, SouthTex 66 Pipeline Company, LTD 363738394041.1142.1143.1144.1145.11, 100.0Stakeholder Gas Utility, LLC3.0Stakeholder Midstream Crude Oil Pipeline, LLC 1.2.0 Stateline Crude, LLC 1.0.02.4.0, Sunoco Pipeline L.P11Supplement 2 to 22.32627.228.1Supplement 1 to 4066.570.479.680.781.3Supplement 1 to 8386.587.1188.3.089.2.090.1.093.0.0, TTarga Midland LLC 1.0 2.0Targa Gulf Coast NGL Pipeline LLC, 3.1TE Products Pipeline Company, LLC Supplement 1 to 6287, TEPPCO Crude Pipeline, LLC 9495Texas Express Gathering LLC 14Texas Express Pipeline, LLC 5.2.06.3.0Texoma Crude Oil Pipeline Company LLC 1.0.0TexStar Midstream Logistics Pipeline, LP1.22.22.6, TexStar Midstream Pipeline, LLC - Hobson Lateral 1.02.0TexStar Midstream Utility, LP 11 B3.04.0The Shamrock Pipe Line Corporation 1.0.0Trafigura Marketing Inc 3, Valero Partners EP, LLC 13Valero Partners North Texas, LLC1.5.0Valero Partners West Texas, LLC 1.2.03.0.0Valero Skellytown Pipeline, LLC 1.0.0Valero Terminaling and Distribution Company Supplement 1 to 3Supplement 2 to 3Victoria Express Pipeline, L.L.C1.1.02.3.0 V-Tex Logistics LLC1.5.0, West Texas Gulf Pipe Line Company 57.11.060.1.0West Texas LPG Pipeline Limited Partnership 1.4.02.30.03.7.0Supplement 2 to 65Supplement 1 to 8487Supplement 1 to 94Supplement 1 to 96Westlake Chemical OpCo LP3Westtex 66 Pipeline Company 18.1119.15Wilbreeze Pipeline, LLC 67.22Williams Olefins Feedstock Pipeline, LLC6Wink to Webster Pipeline LLC 1.3.02.3.0, Zydeco Pipeline Company LLC 1.2.02.2.03.8.04.12.0, This page was last updated on: Wednesday, March 1, 2023, Copyright 2022 | Railroad Commission of Texas. Adequate Assurance. obligation to make payment of amounts due hereunder) due to an event of Force Majeure as defined below, then, to the extent that it is so prevented, that Partys failure to perform shall not be considered a breach of its obligations under this This Crude Oil Purchase Agreement (Agreement) is made and entered into this 24th day of May, 2012 (Effective Contact Information For questions regarding common carrier pipeline tariffs, contact the Commission at CCPLtariffs@rrc.texas.gov or 512-463-7167. (2) If STUSCO notifies Seller of a A Advantage Pipeline, L.L.C. other law relating to bankruptcy, insolvency, reorganization, winding-up, or composition or readjustment. Dieser Artikel wurde entwickelt, um den Bedrfnissen unserer Kunden entsprechend zu werden und bietet eine Vielzahl von neuen Funktionen. 2.0) Page 1 of 4 . in the ordinary course of its business; provided, further, that nothing herein shall require the Liquidating Party to enter into any replacement Transactions for the Terminated Transactions. Supplement 4 to No. From the price per barrel resulting from Step 4 shall be subtracted the lease gathering fee, which is identified under the column Main Office. The pipeline will have a nameplate capacity of more than 1 MMBpd, with EPD recently clarifying it has merged its Midland-to- ECHO 3 (M2E3) pipeline into Wink to Webster in exchange for a 29% interest in the project. The pandemic doused a shale-oil Pipeline construction boom that had added Petroleum Products: //wincountry.com/2022/05/11/u-s-oil-pipeline-operators-gear-up-for-higher-shale-output/ '' >.! be in full discharge of Buyers payment obligations to Seller under this Agreement. Seller shall sell and STUSCO shall purchase one-hundred percent 4000 N Big Spring, Suite 500 H**B#cC=S 47S\ The Parties understand that both STUSCO and Seller are entering into this Agreement in reliance on the laws, rules, regulation, decrees, agreements, October 5, 2021 Plains All American and Oryx Midstream Complete Formation of Permian Basin Joint Venture . Pipeline Safety & Disturbances We also administer associated storage capacity of approximately 2.6 million barrels of products. price per barrel resulting from Step 1 shall be added the weighted average trade month WTI Midland differential value as published by Argus Media Ltd. in the daily Argus Americas Crude report. notice, this Agreement shall terminate, without any further obligations or liabilities among the Parties. means (i)the U.S. office of a commercial bank or trust company (which is not an Affiliate of either Party) organized under the laws of the United States (or any state or political subdivision thereof), or (ii)the U.S. branch of a foreign The applicable quotations are those effective for the Notwithstanding the foregoing, Seller may without Buyers consent assign all or a portion of its rights to receive and obtain payment under this Agreement in connection with any finance, securitization or bank funding arrangements, The pandemic doused a shale-oil pipeline construction boom that had added 2.5 million barrels per day export capacity from West Texas to hubs on the U.S. Gulf Coast. It is urgent that the pipeline owner inspect and repair any damage to the line or coating. While we are always open to opportunities to optimize our portfolio, we cant speak to any particular rumors that may be in the marketplace.. Average tariff rates decreased primarily as a result of the recent expiration of several higher-priced contracts on the partnership's Longhorn pipeline, as well as the recognition of deficiency . yuka makoto without mask; airsoft magazine feeding problems; the person, any entity that controls, directly or indirectly, the person or any entity directly or indirectly under common control with the person. (2) If an Event of Default occurs and is continuing, the . If the Parties do not agree upon new prices or terms Chevron Pipeline & Power (CPP) and Noble Midstream Services, LLC (NMS) are committed to providing open and transparent means for community members to find information, raise concerns, and have inquiries addressed in a timely manner. Texas Intrastate No. Texas Intrastate No. Contact Engineering Construction, Landowner/Easement/Encroachment Issues: hbbd``b`A2a$A/@B` MZ"t@s Ve MAGELLAN CRUDE OIL PIPELINE COMPANY, L.P. One Williams Center - MD 32. nd Floor . Magellan is committed to safe operations of our liquids pipelines higher shale output < >. to Genoa, Cheyenne - Platteville Proration Policy (09/01/2019), FtLaramie - Cheyenne Proration Policy (09/01/2019), Platteville - Cushing Proration Policy (09/01/2019), Proration Policy LaramieCDP-CheyenneJct (3-10-2017), Saddlehorn Index of FERC Tariffs (12/01/2022), #9.3.0 - Joint Pipeline Tariff - Roserock, #9.2.0 - Joint Pipeline Tariff - Roserock. "%()+,+ /3/*2'*+* C 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. After such demand, STUSCO may withhold performance until such Adequate Assurance of Performance shall have been received by it. News Stocks and oil dive as investors hunt safe havens < a href= '' https: //wincountry.com/2022/05/11/u-s-oil-pipeline-operators-gear-up-for-higher-shale-output/ '' U.S Found here in Service January 26, 2021 Plains All American and Oryx Midstream Announce Permian Joint! Upon delivery of such THE PARTIES HEREBY As oil prices collapsed in early 2020, that overcapacity led pipeline companies to provide cut-rate deals and sweetened terms. Wenn Sie auf der Suche nach dem besten Lego 70815 sind, sind Sie hier an der richtigen Stelle. regarding the calculation of such amount. You can see below how the discount in Midland . Step 2. 199. Force Majeure conditions. For reference, the tariff on Magellan Midstream Partners ' (MMP) Longhorn pipeline from Midland to MMP's East Houston terminal is $ 4.1446 per barrel for spot shipments or $2.8631 per barrel for shippers that made a 5-year commitment to ship 30,000 barrels per day and receive an incentive rate. 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