Texas Colt—a proposed joint venture of Enbridge Inc., Kinder Morgan Inc., and Oiltanking—has submitted an application with the US Maritime Administration to construct and operate a deepwater crude oil export port offshore Freeport, Tex.
The project, with an expected in-service date of 2022, includes an offshore platform and two offshore loading single point mooring buoys capable of fully loading a 2 million-bbl very large crude carrier in about 24 hr. The offshore facilities will be connected via a 42-in. pipeline to an onshore tank farm that will have as much as 15 million bbl of storage capacity.
Texas Colt would receive US-produced light, sweet crude oil from three onshore pipelines including the Gray Oak Pipeline, designed to move 900,000 b/d of crude from the Permian basin and Eagle Ford shale to Freeport and three other destinations along the Texas Gulf Coast (OGJ Online, Nov. 9, 2018).