Washington Crossing Field Services Announces Open Season

Posted by on Jan 11, 2019

AUSTIN, Texas, Jan. 11, 2019 /PRNewswire/ — Washington Crossing Field Services, LLC (WCFS) announced it intends to conduct an Open Season for the Trophy Pipeline, a new FERC regulated, crude oil pipeline to be located in Lea County, New Mexico to multiple long-haul takeaway pipelines, including, but not limited to, Plains Pipeline, L.P., Oryx Southern Delaware Oil Gathering and Transport LLC and Salt Creek Midstream, LLC.  The Trophy Pipeline will have the capacity to accept 50,000 barrels per day of crude oil from numerous lease tank batteries and other field receipt points in the northern Delaware Basin. 

Open Season

WCFS intends to conduct an Open Season to obtain long-term acreage dedications for the Trophy Pipeline.  The Trophy Pipeline will be constructed in phases, with the final phase projected to be in-service in the first quarter of 2020.

Open Season Process

The Open Season is scheduled to begin on January 11, 2019 and end on February 11, 2019.  All bids must be submitted to WCFS by 5:00 p.m., Central Time, on or before February 11, 2019.  Certain additional information regarding the Trophy Pipeline and the Open Season can be found at https://www.ameredev.com/operations.  All requests for Open Season documents, presentation of bids, and other correspondence should be directed to:

Floyd Hammond
Chief Operating Officer
737.300.4700
fhammond@ameredev.com

Disclaimer

This notification along together with any and all documents related to the Open Season is provided for informational purposes only.  Notwithstanding anything contained herein to the contrary, this notification, any related agreements and any other documents related to the Open Season are not intended to constitute, nor shall they be construed to constitute, an offer or any binding obligation whatsoever on WCFS to proceed with the potential Trophy Pipeline project contemplated by the Open Season until WCFS has countersigned and delivered a fully executed Transportation Service Agreement (as defined in the Open Season Procedures) to an interested party.  WCFS reserves the right, in its sole discretion, to modify, terminate or extend the Open Season, in whole or in part, at any time and without advance notice, including without limitation, any ensuing discussions with any recipient of any documents related to the Open Season.  WCFS further reserves the right to modify or supplement any of the documents associated with the Open Season without notice.

Under no circumstances shall WCFS or any of its members or any of its or their affiliated companies or any of its or their respective directors, officers, employees, agents, attorneys, advisers and representatives be responsible for any costs or expenses incurred by any recipient of any documents associated with the Open Season or any other liability incurred by any such recipient in connection with any investigation or evaluation of the Trophy Pipeline project.

 

Cision View original content:http://www.prnewswire.com/news-releases/washington-crossing-field-services-announces-open-season-300775847.html

SOURCE Washington Crossing Field Services, LLC

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