San Mateo Black River Oil Pipeline LLC on May 8 announced its binding open season to gauge shipper interest in committed crude oil interstate transportation service on the Rustler Breaks Pipeline Project, a proposed roughly 17-mile, 10-inch diameter crude petroleum gathering and transportation system to be constructed and operated by San Mateo from certain points of origin in Eddy County, N.M., to an interconnect with Plains Pipeline LP in Eddy.
This open season provides an opportunity for shippers to support the project by making acreage dedications and volume commitments for priority service, or acreage dedications for non-firm committed service, thereby becoming committed shippers for the term of their transportation services agreements. The final volume of capacity for both committed and uncommitted service on the project will be determined by San Mateo in part based on the results of this open season.
The binding open season will end at 5 p.m. CST June 8.
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