Saddlehorn Pipeline Company is to expand the capacity of its Saddlehorn pipeline and add a new Ft. Laramie, Wyoming origin.
The Saddlehorn pipeline, which is jointly owned by affiliates of Magellan Midstream Partners, Plains All American Pipeline and Western Midstream Partners, is currently capable of transporting approximately 190,000 bpd of crude oil and condensate from the DJ and Powder River Basins to storage facilities in Cushing, Oklahoma owned by Magellan and Plains. Magellan serves as operator of the Saddlehorn pipeline.
The expansion will increase the pipeline’s capacity by up to 100,000 bpd, to a new total capacity of 290,000 bpd. The higher capacity is expected to be available in late 2020 following the addition of incremental pumping and storage capabilities. Saddlehorn will add the new Ft. Laramie origin by leasing capacity on third-party pipelines.
In connection with these enhancements, Saddlehorn has launched an open season to solicit long-term commitments for capacity on the pipeline system. Interested customers must submit binding commitments by July 31, 2019.