EPP's Echo storage terminal begins receiving crude oil

Enterprise Products Partners LP (EPP) reported that Phase 1 of its Enterprise Crude Houston (Echo) storage terminal in Harris County, Tex., is complete and receiving deliveries of crude oil. The first three tanks total 750,000 bbl.

The next phase of the Echo terminal expansion includes adding up to 900,000 bbl storage as early as first-quarter 2014. EPP estimates that Echo could have as much as 6 million bbl of crude oil storage when completed.

EPP described Echo, its recently completed Eagle Ford shale pipeline (OGJ Online, June 8, 2012), and the reversal of the Seaway crude oil pipeline as projects benefiting both producers and consumers of crude by providing pipeline and waterborne access to more than 7 million b/d of Gulf Coast refining capacity.

The New York Mercantile Exchange is considering using Echo as a regional pricing point for the US Gulf Coast crude market. Through Seaway, Echo is connected to the storage hub in Cushing, Okla., the NYMEX benchmark pricing point for its West Texas Intermediate crude oil contract.

Contact Christopher E. Smith at chriss@ogjonline.com.

Related Articles

California lawmakers pass in-state gas system methane emissions bill

08/28/2014 The California Senate passed a bill aimed at curbing methane emissions from intrastate natural gas pipelines and local distribution systems. SB 137...

BG Group: Mzia DST supports potential hub development offshore Tanzania

08/27/2014 Results from the second drillstem test (DST) on the Mzia discovery on Block 1 offshore southern Tanzania indicated further support for a hub develo...

Dakota Gold to develop Bakken-Three Forks crude terminal

08/27/2014 Dakota Gold Transfer-Plaza LLC plans to develop a crude oil transload terminal in Mountrail County, ND. Sited on 350 acres in the eastern section o...

ExxonMobil Pipeline settles charges from 2012 Louisiana spill

08/27/2014 Exxon Pipeline Co. agreed to pay more than $1.4 million to resolve federal charges that a 2012 spill from the company’s North Line near Torbert, La...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected