Delek advancing W2W, Red River pipeline projects
Delek US Holdings Inc. expects the 650-mile Wink-to-Webster (W2W) joint-venture crude oil pipeline to be completed in 2021 and expansion of its Red River joint-venture crude line to be done second-half 2020. The company updated the status of both projects as part of its June 2020 investor presentation.
W2W, in which Delek holds a 15% stake, will use 36-in. OD pipe to transport as much as 1.5-million b/d of crude from the Permian basin to the Texas Gulf Coast. The pipeline will be integrated with Delek’s Big Spring gathering system.
Delek is also expanding its Red River pipeline between Cushing, Okla., and Longview, Tex., to 235,000 b/d from 150,000 b/d. The expansion will allow Delek to reduce its dependence on Midland, Tex.-sourced crude at its Tyler, Tex. (75,000 b/d), El Dorado, Ark. (80,000 b/d), and Krotz Springs, La. (74,000 b/d), refineries. The company will increase its shipment on the pipeline to 100,000 b/d from 65,000 b/d following the expansion.
W2W is a joint venture among ExxonMobil, Plains All American (PAA) Pipeline LP, Enterprise Products Partners LP, Lotus Midstream LLC, MPLX LP, Delek, and Rattler Midstream LP.
Delek owns 33% of Red River with PAA holding the balance.
Christopher E. Smith | Editor in Chief
Chris brings 32 years of experience in a variety of oil and gas industry analysis and reporting roles to his work as Editor-in-Chief, specializing for the last 20 of them in the midstream and transportation sectors.
