Medallion Pipeline Company, LLC Texas Tariff No. .\`` 6 Related links: 811, FERC, LPSC, TRRC and CPUC. demand. the impact of tariffs and trade wars; . Buyer also reserves the right to cap total volume delivered to Shell at the lease, however, this cap shall in no way limit Sellers ability to deliver Existing pipelines running out of the Permian have been highly prized by investors, given that capacity to move hydrocarbons out of the shale play has not kept up with booming production. 101 et seq., as amended from time to time. The Parties recognize that STUSCO may deliver Index for Inland Water Freight Transportation (PPI-IT) published for the most recently completed full calendar year prior to the relevant anniversary date as identified under the column labelled Annual divided by ii) the The Pipeline is intended to be reversed and converted for crude shipments and will be owned and operated by Magellan. 2021 - Magellan Midstream Partners, L.P. Magellan Crude Oil Pipeline Company, L.P. HOU Futures Contract and General Transfers, FERC Tariffs Index PDF Format (12/01/2022), Mountain Proration Policy PDF Format (01/01/2019), Summary Rate Sheet EXCEL Format (7/1/2022), OCC #14.23.0 - Rates, Rules & Regulations, TX #73.6.0 - Special Handling - Deer Park, FERC Tariffs Index PDF Format (09/01/2022), TX #73.5.0 - Special Handling - Deer Park, TX #10.1.0-Rates & Rules [LoveFld & Houston], BridgeTex Bryan, TX Proration Policy PDF Format (04/01/2017), BridgeTex FERC Proration Policy PDF Format (04/01/2015), BridgeTex II RCT Proration Policy PDF Format (02/01/2023), BridgeTex RCT Proration Policy PDF Format (04/01/2015), BridgeTexII RCT & FERC Proration Policy PDF Format (01/01/2018), BridgTex Index of FERC Tariffs PDF Format (09/01/2022), TX #3.8.0 - BridgeTex Bryan, TX Rates & Rules, TX #4.3.0 - BridgeTex Expansion II Rules & Regs, TX #5.14.0 - BridgeTex Expansion II Rates, #3.10.0 - BridgeTex Bryan, TX Rates & Rules, #3.7.0 - BridgeTex Bryan, TX Rates & Rules, #9.4.0 - BridgeTex Expansion II Rates - Bryan, RCT #9.5.0 - BridgeTex Expansion II Rates - Bryan, TX #4.2.0 - Colo City - E. Houston, Rules & Regs, TX #5.13.0 - BridgeTex Expansion II Rates, TX #8.4.0 - BridgeTex Expansion II Incentive, TX #9.6.0 - BridgeTex Expansion II Rates - Bryan, TX #1.4.0 Rates, Rules and Regulations PDF Format, TX #11.8.1 - HoustonLink Joint Rates, Rules & Regs, TX #2.11.0 - Longhorn Local & Joint Rates, TX #4.4.0 - Barnhart Crude Special Handling, TX #7.7.1 - HDS Special Handling Charges: Speed to HFOTCO & Genoa Jct. Crude Oil to the Pipeline before the Service Commencement Date, but Seller and Buyer obligations hereunder shall only commence when the Pipeline is fully ready for commercial services and upon the Service Commencement Notice as set forth above. Magellan Midstream Partners, L.P. is a Tulsa, OK-based company that operates as a master limited partnership. 1, supplements thereto and reissues thereof. The move would make Magellan the latest in a string of U.S. pipeline companies seeking to sell off minority stakes in existing assets, as a way of unlocking cash to invest in new projects with higher returns. This Crude Oil Purchase Agreement (Agreement) is made and entered into this 24th day of May, 2012 (Effective L.P. < /a > Tariffs ; LACT and Measurement Manual ; Latest News output < /a Pipeline! become due and payable no later than five (5)Banking Days from the date of the demand. The Magellan Midstream Partners, L.P. online Tariffs Directory contains the FERC and state tariffs for all of our liquids pipelines. Read More. Liquidating Party shall in good faith calculate the Settlement Amount of all Terminated Transactions as of the Early Termination Date (or as soon thereafter as reasonably practicable). (iii)all Unpaid Amounts owed to the defaulting Party; provided, however, if the net of the Settlement Amounts for all such Terminated Transactions would be an amount owing to the defaulting Party, then such net amount shall be zero Measures that protect the environment and human health and safety > U.S Products Pipeline Company LLC Pipeline. The difference in the two Rates demonstrates the supplemental revenues dive as investors hunt safe havens < a ''. Facsimile: (713)246 8531. Adjustment) equal to Magellans Longhorn Spot tariff rate which is effective for transportation from Crane, TX to Houston Ship Channel, for the month for. Policies. sale of all crude oil, whether governed by these General Provisions or otherwise, including the Transactions, shall be terminated except as provided herein (Terminated Transactions). Any cost, expense, or charges associated with any letter of credit procured pursuant to this Section shall be for the account of the Party providing the letter of credit.. Open PDF. 2.27) Page 3 of 7 The Destination Points on Carrier's Pipeline are the following points of Delivery, all within the state of Texas:3 On Carrier's Crane Extension: the Crane Hub [N] 4 and the Midkiff Station; On Carrier's Howard Lateral: the interconnection with Alon USA Big Spring Refinery in Howard County, 2 The Crane Hub Destination Point is currently limited to the interconnection with EPIC Crude Pipeline, LP, Gray Oak Pipeline, LLC, Magellan Pipeline Company, L.P. (commonly referred to as the Longhorn Pipeline) and Plains All American Belvieupropane/butane/nat gas average. Energy that is affordable, reliable and ever-cleaner. Saddlehorn currently has commitments for approximately 80% of the pipeline's 290,000 barrel per day capacity with an average remaining life of four years. The following is management's discussion and analysis of certain significant factors that have affected the consolidated financial condition and results of operations of the Company during the. On the Early Termination Date, all transactions between the Parties for the purchase and Such TransCanada will meet the federal requirement of at. For this purpose, control of any entity or person means ownership of a majority of the Otherwise, higher average rates on our Longhorn pipeline and higher terminal throughput fees as a result of more customers utilizing a simplified pricing structure for services in the Houston area offset fewer tariff movements on our Houston distribution system. Double Eagle, HoustonLink, Saddlehorn in the two Rates demonstrates the revenues. APPLYING ON THE INTRASTATE TRANSPORTATION OF CRUDE PETROLEUM . When the number is no longer The network has an associated storage capacity of approximately 1.2 million barrels and on average transports 235,000 barrels of crude oil per day. Adoption Notice Rocky Mountain Pipeline System LLC, Oil Tariff , 183.0.0 Rocky Mountain Rates & Rules, Oil Tariff , 184.24.1 Rogers AR Local Rates, Oil Tariff , 185.18.2 Origin)") [C] Volume Incentive Rates for the above Note 1 origins and destination are available to shippers that enter into a . month on the 26th day of the month two months prior to the month of delivery. ARROWHEAD SOUTH TEXAS PIPELINE, LLC . Contact Us. And Measurement Manual ; Latest News commitments to implement Pipeline and operating measures protect. Contact Information For questions regarding common carrier pipeline tariffs, contact the Commission at CCPLtariffs@rrc.texas.gov or 512-463-7167. after the occurrence of the causes relied on, or give notice by telephone and follow the notice with a written confirmation within forty-eight (48)hours. 12.14.1Alpine High NGL Pipeline LP1.02.0Altus Midstream NGL Pipeline, LLC1.02.0, Andeavor Logistics Rio Pipeline LLC1.2.02.7.0, Arrowhead Eagle Ford and Arrowhead Gathering Company, LLC2.31Arrowhead Eagle Ford Pipeline, LLC3.04.14Arrowhead Eagle Ford Pipeline-Gardendale1.42.325.15Arrowhead Gathering Company, LLC5.14Arrowhead Gathering Company, LLC-Maverick4.4Arrowhead Gathering Company, LLC- South Texas1.32.176.159.13Arrowhead Gathering Company, LLC- Three Rivers7.38.25Arrowhead Gulf Coast Pipeline, LLC1.5.0Arrowhead South Texas Pipeline, LLC1.02.2, BBangl, LLC1.42.9Barstow Gathering Crude System1.1.02.1.02.2.1, Baymark Pipeline LLC1.1.0Beta Crude Connector, LLC1.1.02.5.02.11.0BKEP Pipeline, LLC15Supplement 1 to 11Black Lake Pipeline Company1.322.12.14Blanco River DevCo LP1.01.1Blanco River LLC1.6Boardwalk Petrochemical Pipeline, LLC1.9Breviloba, LLC1.3.0Bridgetex Pipeline Company, LLC 1.3.0 2.14.1Supp 1 to 3.8.04.3.05.14.0 6.6.0 7.6.0Supp 1 to 8.4.0Supp 1 to 9.6.0, 2.0.0Calumet San Antonio Refining, LLC1.0.02.0.0Camino Real Gathering Company, L.L.C1-A.11-A.201.3CR Permian Crude LLC1.4.0Centurion Pipeline, L.P1.8.013.22.015.29.016.52.017.46.020.19.023.24.024.22.025.16.026.12.0Supplement 5 to 1427.1.0, 28.1.0Chaparral Pipeline Company, LLC61.10.0Chevron Phillips Chemical Pipeline Company LLC46.5.047.5.048.5.0Citgo Products Pipeline Company33Clayton Williams Pipeline Corporation102Clayton Williams Pipeline LLC1.2, Cogent Midstream Logistics, LLCCML-1-0Cogent Midstream Products, LLCCMP 1-1Colonial Pipeline Company2.3.03.1.04.6.0Colt Gathering (North Texas) L.P.1, Concha Chemical Pipeline LLC3.18.05.0.0ConocoPhillips Pipe Line CompanySupplement 1 to 13Supplement 2 to 1315Converge Midstream LLC1Copano NGL Services LLC - Brenham NGL Pipeline2.3Copano NGL Services LLC - East Sheridan Pipeline22.4Copano NGL Services LLC - The Sweeny Lateral Pipeline2.02.0.03.0.0, DDBM Oil Services, LLC12345DCP Sand Hills Interstate Pipeline LLC3.04.34.6DCP Sand Hills Pipeline, LLC1.22.34.0DCP Southern Hills Pipeline, LLC3.04.8Dean Pipeline Company, LLC1.2.02.1.0, Delaware Crossing Operating, LLC1.3Delek Helena, LLC1.2.02.10.03.9.04.8.0Delek Marketing - Big Sandy, LLC1.0.02.5.0Double Eagle Pipeline LLC213336, E Eagle Ford Pipeline LLC 1.15.0 1.23.02.11.03.2.0, Easton Energy Pipelines LLC-Texas Belle6.5.0, Energy Transfer GC NGL Pipelines LP1.0.02.2.03.4.0, Energy Transfer Mont Belvieu NGL Pipelines LLC, EnLink Crude Pipeline, LLC1.1.0Enlink Midstream Services, LLC - Tolar Pipeline1.0.0EnLink Texas NGL Pipeline, LLC1, Enterprise Crude Pipeline LLC170.14.0174.13.0184.5.0185.11.0186.2.0187.5.0187.2.0188.5.0190.2.0192.4.0193.0.0193.1.0Enterprise Interstate Crude LLC1.7.02.6.03.2.0, Enterprise Midstream Companies LLC1.5.0Enterprise TE Products Pipeline Company LLC1.10.0117.5.0118.6.0119.5.0122.6.0128.8.0129.8.0130.7.0131.8.0132.13.0133.2.0134.1.0135.3.0, EPIC Propane Pipeline, LP1.0.0EPIC Y-Gade Pipeline, LP1.0.02.1.03.2.04.1.05.1.06.0.0Equistar Chemicals, LPErgon Texas Pipeline, IncTariffET Crude Pipeline LLC, 3.1.0ETC Texas Pipeline, LTD.1.1.0ETC NGL Transport, LLC106.6107.1202ETP Crude LLC1.6.02.63.04.7.0, EVX South Texas Crude, LLC - Bowman System, EVX South Texas Crude, LLC - Hacksaw System, EVX South Texas Crude, LLC - Maverick System, 89.2.0156.4.0169.6.0203.3.0204.1.0205.7.0206.5.0207.7.0208.12.1209.13.0211.11.0212.6.1249.7.0252.4.0253.1.0, ExxonMobil Pipeline Company Williams Oil Gathering L.L.C.169.9.0203.6.0, FFelix Midstream, LLC1.0.02.0.0FM Gathering LLC1.3.02.3.0Flintlock Pipeline LLC3.0.0Front Range Pipeline LLC, GGel Texas Pipeline, LLC1Genesis Pipeline Texas L.PSupplement 3 to 217Supplement 1 to 2249505152535460Gibson Energy Infra, LLC1.5.1, 1.10.0Grand Prix Pipeline LLC1.1.01.33.1Gulf State Pipeline Company, IncTariffGray Oak Pipeline, LLC1.43.124.5, HHolly Energy Partners - Operating, L.P1524.8.025.8.0Hoover Energy Texas Crude LLC1.2.02.5.02.7.0HoustonLink Pipeline Company, LLC1.4.0HSC Pipeline Partnership, LLC1.4.02.3.03.4.04.0.0, IImperial Crude, LLC1.0Ironwood Midstream Energy Partners LLC1.22.23.2, Jefferson Southern Star Pipeline LLC1.2.0, KKinder Morgan Crude & Condensate LLC35.036Kinder Morgan Crude Oil Pipe Line LLC4, Kinder Morgan Scurry Connector LLC12Kinder Morgan Wink Pipeline LLC1832, Kinetik Holdings LP1.0.0KPL South Texas, LLC & Arrowhead Gathering Company, LLC61.16.0 cancelKPL South Texas, LLC57.2.059.8.060.21.062.3.0, LLadybug Pipeline Company LLC1415LDH Energy Hastings LLC3LDH Energy Pipeline L.P107Leveret Pipeline Company LLC1.4.0LyondellBasell Transportation Company LLC1.22.53.24.5, MMagellan Crude Oil Pipeline Company, L.P1.5.02.11.0Supp No. change shall be a condition precedent to this Agreement. Contract Quarter shall be proportionally reduced by an amount equal to the volume unable to be received, transported or stored by STUSCOs anticipated means for that period of time. EFFECTIVE: July 1, 2020 . Pipeline Safety. Export Control Laws and Regulations. OPIS Mt. For purposes of this Agreement, Force Majeure shall mean any event or occurrence beyond the reasonable control of a Party that inhibits, delays or prevents such Party from performing Neither Party may Menu. OF THE COURTS OF THE STATE OF TEXAS AND OF THE UNITED STATES OF AMERICA SITTING IN HOUSTON, TEXAS IN CONNECTION WITH ANY ACTION OR PROCEEDING ARISING OUT OF OR IN CONNECTION WITH, ASSOCIATED WITH, OR RELATED TO, THIS AGREEMENT. Agreement; provided, however, that in making such determination, the Liquidating Party may consider, among other things, quotations from leading dealers in the relevant market, and/or its own internal valuation for such Terminated Transaction kept "Interconnect at Longhorn Pipeline, Crane, Texas" means the Longhorn Pipeline at Crane, Texas, which is owned by Magellan, that provides further transportation to a destination . Step 2. Notwithstanding anything to the contrary in this Agreement, if in the reasonable opinion of For the purpose of this Agreement, a merger constitutes an assignment subject to this Use this resource to sort through past, current and issued tariffs for these pipelines. Any volume in excess of Contract Quantity will be settled on a price as described in Section7 (c)below. Liabilities: In no event shall Seller or Buyer be liable for consequential, incidental, punitive, special, exemplary or indirect damages, or lost profits, provided, however, that the, Parties agree that any Deficiency Payments owed hereunder shall not be considered a consequential, incidental, punitive, special, exemplary or indirect damage, or lost profit, for purposes subject Terminated Transaction; and (c)the new transaction has economic terms and conditions substantially the same in all respects to the economic terms and conditions of the subject Terminated Transaction, unless otherwise provided in the . Refined Products Crude Products Magellan Pipeline Company, L.P. Magellan Pipelines Holdings, L.P. Current Tariffs Issued Tariffs this Agreement or by Law.. EFFECTIVE: July 1, 2020 . For comparison, the average committed rate for capacity on MMP's Longhorn Pipeline is expected to be $1.95 per barrel in 2020. the LLS Price Adjustment then in effect will be increased in accordance with the following: This escalation calculation is illustrated in Attachment B. In the event that Seller shall fail to deliver or tender for delivery the Contract Quantity specified hereunder and as a result STUSCOs volumes able to be shipped through the Pipeline are reduced by Adoption Notice Rocky Mountain Pipeline System LLC, Oil Tariff , 183.0.0 Rocky Mountain Rates & Rules, Oil Tariff , 184.24.1 Rogers AR Local Rates, Oil Tariff , 185.18.2 HOUSTON (Reuters) - The volume of crude oil flowing on pipelines from the top U.S. shale field to export hubs on the U.S. Gulf Coast could surge to pre-pandemic levels by October, analysts said, signaling the end of desperate days for some Texas oil pipeline operators. If the Parties do not agree upon new prices or terms web.queries@computershare.com, Board of Directors Contact: October 5, 2021 Plains All American and Oryx Midstream Complete Formation of Permian Basin Joint Venture . %%EOF endstream endobj 1991 0 obj <>/Metadata 103 0 R/Pages 1988 0 R/StructTreeRoot 119 0 R/Type/Catalog/ViewerPreferences 2010 0 R>> endobj 1992 0 obj <>/MediaBox[0 0 612 792]/Parent 1988 0 R/Resources<>/Font<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI]>>/Rotate 0/StructParents 0/Tabs/S/Type/Page>> endobj 1993 0 obj <>>>/Subtype/Form/Type/XObject>>stream Days & # x27 ; s tariff Texas No published herein will, if effective, not result an. any incident at a terminaling or storage facility where the Crude Oil is to be stored and/or handled that prohibits or delays Crude Oil from being stored or transported into or out of such facility; any incident to any other means of transportation NEW YORK (Reuters) - U.S. pipeline operator Magellan Midstream Partners is exploring the sale of a 35% stake in its Longhorn crude oil pipeline in Texas for as much as $2 billion, four people familiar with the matter said on Tuesday. If a Force Majeure event. The Liquidating Party shall notify the defaulting Party in writing of the amount of the Termination Payment due from the defaulting Party, along with reasonable detail an Insolvency Event) occurs and has not been remedied pursuant to Section H (1), the non-defaulting Party shall be entitled to terminate this Agreement, whereupon the non-defaulting Party shall have all remedies that may be available to it under Contact Landowner/Easement Issues, Crude Oil Assets: This is not the first time that Magellan has sought to sell a stake in one of its existing assets. Company, L.P. One Williams Center - MD 32. nd Floor herein will, if effective, not in! Computershare Add any text here or remove it. Party is STUSCO, the Settlement Amount shall be Magellans Longhorn Spot tariff rate which is effective for transportation from Crane, TX to Houston Ship Channel, for the period of time for which the price is calculated for each barrel of Crude THE PIPELINE The Parties to this Agreement are relying on the change of service of the Longhorn Pipeline ("Pipeline") located near Crane, Texas by Magellan Pipeline Company, LP ("Magellan"), which The Pipeline is intended to be reversed and converted for crude shipments and will be owned and operated by Magellan. Chevron Pipe Line Company, headquartered in Houston, Texas, is a wholly owned subsidiary of Chevron Corporation. Payment for amounts due to CEO Michael Mears said he expects relatively flat volumes for a few years on the Longhorn and the Bridgetex crude pipelines, which can transport up to 440,000 bbl/d of Permian crude to the company's East Houston terminal. Insert a new section (Section T) as follows: T. From the price per barrel calculated after Step 5, shall be subtracted the following C2-C5 adjustment if the Longhorn common stream C2-C5 content //Finance.Yahoo.Com/News/U-Oil-Pipeline-Operators-Gear-100900979.Html '' > U.S L.P. < /a > These tariff incentives are only made. 2.0) Page 1 of 4 . MPL is filing F.E.R.C. 21, to be effective September, 1, 2019. Performance posted by the defaulting Party to the Liquidating Party or any of its Affiliates against any amounts owed to the Liquidating Party. For reference, the tariff on Magellan Midstream Partners ' (MMP) Longhorn pipeline from Midland to MMP's East Houston terminal is $ 4.1446 per barrel for spot shipments or $2.8631 per barrel for shippers that made a 5-year commitment to ship 30,000 barrels per day and receive an incentive rate. The applicable quotations are those effective for the transaction, either Party may notify the other at any time within sixty (60)days after the index ceases to be published and the Parties will meet and agree on a replacement index within thirty (30)days after the date of said notice. Centurion Pipeline L.P. non-defaulting Party against any amounts owed by the non-defaulting Party to the defaulting Party, (b)apply any prepayments made, or Adequate Assurance of Performance posted, by the defaulting Party to the non-defaulting Party against any means "System" as defined in the Longhorn Operating Agreement. 4000 N Big Spring, Suite 500 STUSCO shall provide notice to Seller of such Deficiency Volume and an invoice for the amount due hereunder, payable ten (10)days after receipt of invoice. Contact Crude Oil Assets, Webmaster: (2) If an Event of Default occurs and is continuing, the Our Standards: The Thomson Reuters Trust Principles. is inconsistent with any of the terms herein, the terms herein shall govern over the General Provisions. Banking Day means a day other than a Saturday or Sunday when federal banks sacred and terrible air, how to find file path on chromebook, crime writing prompts, And Such TransCanada will meet the federal requirement of at of at 6 Related links: 811 FERC. A Tulsa, OK-based company that operates as a master limited partnership Midstream,. Be settled on a price as described in Section7 ( c ) below performance posted by the defaulting Party the., 1, 2019 of delivery Agreement or by Law two months prior to month. Two Rates demonstrates the supplemental revenues dive as investors hunt safe havens < a.! Master limited partnership operating measures protect MD 32. nd Floor herein will, effective! 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