Martin Midstream Plans Eagle Ford Corpus Christi Terminal

Martin Midstream is adding a $25 million terminal at the Port of Corpus Christi that will have storage capacity of 300,000 barrels of oil and will be expandable to 600,000 barrels of oil.  The terminal will also have off loading capable of transferring the crude to oil tankers and barges.

"Martin Midstream Partners L.P. (Nasdaq:MMLP) ("MMLP" or the "Partnership") announced the construction of a new terminal at the Port of Corpus Christi, Texas (the "Port") to receive crude oil from the Eagle Ford shale via the recently announced Harvest Gardendale Pipeline.""As currently scheduled, the Partnership will construct over 300,000 barrels of crude oil storage at the new facility. In addition, the Partnership has the ability to expand the capacity of the terminal by an additional 600,000 barrels."

"The total project cost is estimated at $25.0 million and is an anticipated to be in service by late 2011. Initial receipts of crude oil will arrive via truck until the Harvest Gardendale Pipeline becomes operational in the first half of 2012."

"Ruben Martin, President and Chief Executive Officer of Martin Midstream GP LLC, MMLP's general partner said, 'We are pleased to announce additional Port of Corpus Christi infrastructure and a long-term terminalling agreement with a major integrated oil company. MMLP, with these new assets, will seek to meet terminalling demand from the growing Eagle Ford shale production. This new facility is well-positioned for significant fee-based cash flow growth as Eagle Ford activity continues to gain momentum.' "

Read the complete press release at martinmidstream.com

Koch Eagle Ford Shale Pipeline Going Forward

Koch Pipeline going forward with expansion that can potentially add 250,000 barrels per day of capacity from the Karnes County area to Corpus Christi. 

“ 'With this line, Koch Pipeline ultimately will have the capability to move 250,000 barrels-per-day of Eagle Ford production from the Karnes County area to the Corpus Christi-area,' said Kim Penner, KochPipeline president."

"With this new pipeline, and the other investments Koch Pipeline has made in terminals, lines and leaseagreements with other companies, the company will have increased transportation capability into Corpus Christi and Ingleside to more than 350,000 barrels per day."

Read the full press release at kochind.com

NuStar - Velocity join for Eagle Ford Condensate Pipeline

Velocity and NuStar join together to help move and store condensate from the Eagle Ford. The facilities will add needed capacity for the regions growing production.

"Velocity will build and operate a new 70-mile, 12-inch pipeline with the capacity to move over 100,000 barrels per day of condensate from Gardendale to Oakville, Texas. Velocity's 12-inch pipeline will interconnect with NuStar's new Oakville Storage Facility near Three Rivers, Texas. This storage facility will be connected to NuStar's existing 16-inch pipeline, which has the capacity to transport approximately 200,000 barrels per day of crude and condensate into NuStar's Corpus Christi North Beach Terminal.

The North Beach terminal has approximately 2 million barrels of storage capacity, large-scale marine loading facilities, and access to several Corpus Christi refinery markets. NuStar also has a land lease option for 15 acres contiguous to the existing property, which will provide terminal expansion capabilities."

"Velocity is currently constructing 65 miles of pipeline and 150,000 barrels of storage to transport condensate to Velocity's Gardendale Terminal for producers, including Shell E&P, Chesapeake, SM Energy and Rosetta Resources. The addition of the NuStar partnership allows Velocity to quickly offer these and other producers a downstream solution to transport condensate from the Gardendale Terminal to end markets with strong purchaser demand. Construction of Velocity's 12-inch pipeline and NuStar's Three Rivers storage facility will begin this summer and the system is expected to be in service by April of 2012."

Read the full press release at NuStarEnergy.com

Eagle Ford Shale Rail Expansion at Port of Corpus Christi

The Port of Corpus Christi is expanding to handle up to 100,000 rail cars per year.  This will help the import of raw materials into the booming region that is stressed by the call on businesses from drilling and production in the Eagle Ford Shale.  

"Rail has always been part of the Port of Corpus Christi — a great asset, but not a central focus.Today, engines pull an estimated 30,000 to 50,000 rail cars through the port each year. Facilities are designed to handle only 12,000 to 13,000 cars.

 

Delays haven't been a problem, Brogan said. However, if a port gets a reputation for rail traffic jams, business goes elsewhere.

Atop a sliver of land tucked between the Joe Fulton International Trade Corridor and the industrial canal's turning basin, the port's planned Viola rail yard will ensure things keep moving.

The $15 million expansion will give the port more rail storage capacity. The project also is a major step toward the port's goal of handling 100,000 rail cars a year, Brogan said.

Brogan said the project should be through the design and permitting stages by the end of summer, clearing the way for two-phased construction. The first phase will take 18 months."

 

Kinder Morgan and Copano Energy Enter Agreement with Williams Partners

Eagle Ford Gathering LLC joint venture has entered into a long term agreement with Williams Partners to process Eagle Ford Shale gas at Williams Partner's Markham processing plant:

Eagle Ford Gathering LLC, a 50/50 joint venture between Kinder Morgan Energy Partners, L.P. (NYSE: KMP) and Copano Energy, L.L.C. (NASDAQ: CPNO), today announced a long-term agreement with Williams Partners L.P. (NYSE: WPZ) to process Eagle Ford Shale production at Williams Partners' Markham processing plant located in Matagorda County, Texas. Eagle Ford Gathering will construct a 7-mile, 20-inch lateral to connect its previously announced crossover pipeline project to the Markham plant and install approximately 3,400 horsepower of compression at a cost of approximately $27 million. The agreement will initially provide Eagle Ford Gathering with 100 million cubic feet per day of processing capacity at the Markham plant, with an option to increase its capacity to up to 200 million cubic feet per day.