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Oklahoma business briefs for July 10, 2014

Oklahoma business briefs for July 10, 2014
Oklahoman Published: July 9, 2014
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Oklahoma briefs

Company seeks commitments

— Tulsa-based Magellan Midstream Partners LP and Houston-based Occidental Petroleum Corp. said Wednesday their BridgeTex Pipeline has begun an open season for additional transportation commitments on the pipeline until Aug. 7. The pipeline has been under construction since November 2012 and is expected to become operational in the third quarter. The line is expected to transport up to 300,000 barrels per day of Permian Basin oil from Colorado City, Texas, to the Houston area.

NGL adds disposal facilities

Tulsa-based NGL Energy Partners LP said Wednesday it has added five new saltwater disposal facilities in Texas’ Eagle Ford and Permian Basins. The facilities cost $83 million and include six recently completed disposal wells. The high-volume facilities will increase capacity by 140,000 barrels per day, bringing NGL’s total treatment and disposal capacity to about 600,000 barrels per day.

From Staff Reports