SAN ANTONIO, April 2, 2018 – EPIC Y Grade Pipeline, LP, a subsidiary of EPIC Y Grade Holdings, LP and EPIC Midstream Holdings, LP, {“EPIC”} today announced that Phase One of the natural gas liquids (“NGL”) pipeline from DLK Black River Midstream to Delaware Basin Midstream is complete and operating on schedule.
NGL product was introduced to the pipeline on March 12. Phase Two is currently under construction with an expected in-service date of June 2018. Phase Three is expected to be complete in the second half of 2019. When complete, the EPIC NGL pipeline will have a throughput capacity of 350,000 barrels per day with multiple origin points in the Delaware and Midland Basins.
The pipeline will have origination points near Orla and Benedum with a destination in Corpus Christi, Texas. At the terminus of the pipeline, EPIC is building a fractionation complex to accommodate the pipeline’s volume. EPIC is also building a purity product pipeline distribution system, including an ethane pipeline to the Markham area.
EPIC began construction of the NGL pipeline in December of 2017 after signing a definitive agreement with BP Energy Company to anchor the 700-mile NGL pipeline to link producers’ NGL reserves in the Permian and Eagle Ford Basins to Gulf Coast refiners, petrochemical companies and export markets.
EPIC completed a FERC open season earlier this month to offer interested shippers an opportunity to secure firm capacity on the EPIC NGL Pipeline.
EPIC secured a capital commitment last year from funds managed by Ares Management, L.P. Since then, work has been underway on the NGL Pipeline which runs side-by-side with the previously announced EPIC Crude Oil Pipeline.
