Phillips 66 is kicking off an open season on March 24 for a new crude oil pipeline system in the Permian Basin in West Texas, Kallanish Energy reports.
The Reeves-Odessa Origination (Rodeo) Project will include origination stations in Reeves, Loving and Winkler counties in the Permian’s Delaware Basin, plus in Odessa in West Texas.
Destination options will include Wink, Texas; the Phillips 66 Partners’ Odessa station; a new terminal to be built near Odessa as part of the Rodeo Project; and Midland, Texas.
The pipeline will have an initial throughput capacity of 130,000 barrels per day (BPD) with an ultimate capacity of about 450,000 BPD, depending on commitments from shippers, Houston-based Phillips 66 said.
Service on the new pipeline system is scheduled to begin in the second half of 2018.