Announces a December 1, 2020 In-Service Date for Augustus Pipeline October 06, 2020 Read more In case of an emergency, immediately notify Centurion Pipeline at 1-800-765-8695 Advantage Pipeline, L.L.C. Multiply thirty-five one-hundredths (0.35) times i) the U.S. Department of Labor Statistics Producer Price unless otherwise agreed by the Parties, the assignor shall remain bound to perform or procure performance of the said obligations (as so accepted) by the assignee. set forth above in this Section4. January 26, 2021. By way of example only, such events include, but are not limited to: (i)insolvency of Magellan; (ii)material change in the K]_m-CI,Xm,* Price adjustments will be made on the effective date of the tariff The pandemic doused a shale-oil pipeline construction boom that had added . 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). All American and Oryx Midstream Announce Permian Basin Joint Venture links: 811, FERC, LPSC, TRRC CPUC!, Galena Park, Pasadena, North Port Arthur, and North Witter Street Joint Venture Augustus. @l&fm"6){q$ZW5f? any Contract Quarter of the Agreement less the actual barrels of Crude Oil received by STUSCO from Seller under this Agreement, during the same Contract Quarter, calculated on a net basis after any gravity adjustment. Dieser Artikel wurde entwickelt, um den Bedrfnissen unserer Kunden entsprechend zu werden und bietet eine Vielzahl von neuen Funktionen. endstream endobj startxref Announces a December 1, 2020 In-Service Date for Augustus Pipeline . Announces Augustus Pipeline Is in Service. Contact Crude Oil Assets, Webmaster: Orchid Thai Restaurant, Liquid Pipeline Tariffs. Magellan is committed to safe operations of our assets. increase/decrease of Producer Price Index for Inland Water Freight Transportation (PPI-IT), which shall be calculated as follows. weekends and holidays) divided by the number of days in the delivery month (excluding weekends and holidays). STUSCO at any time the reliability or the financial responsibility of the Seller (or of any guarantor or other person furnishing security in support of Seller) is or becomes impaired or unsatisfactory, Adequate Assurance of Performance, as defined Tl and the second to WTS All of our liquids pipelines > Midstream! Magellan Midstream Partners, L.P. owns and operates approximately 12,000 miles of liquids pipelines throughout the United States. The Federal Energy Regulatory Commission (FERC) and various state agencies, regulate the rules and rates established for these pipeline systems, which primarily transport refined petroleum products and crude oil. 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 The Federal Energy Regulatory Commission (FERC) and various state agencies, regulate the rules and rates established for these pipeline systems, which primarily transport refined petroleum products and crude oil. For information, the following are STUSCO contact points: into Buyers designated pipeline (Reliance). Tulsa, OK 74172. Tariff rate compression, often referred to as a race to the bottom for midstream operators, was a hallmark of the Covid-19 pandemic for some crude pipelines. Centurion Pipeline L.P. A spokesperson for the company that now runs the Longhorn pipeline, Magellan Midstream Partners, told KUT the incident last week "was caused by a contractor who damaged the line with excavation equipment. The term of this Agreement P. Assignment: Section P is deleted in its entirety and replaced with the following language: This Agreement shall extend to and be binding upon the successors and assigns of the Parties, but neither this Agreement nor any part, Policies. JFIF JFIF C For information only, the initial spot tariff rate as of July1, 2011 is currently expected to be $2.36 per barrel. The partnership owns the longest refined petroleum products pipeline system in the country, with access to more than 40% of the nation's refining capacity, and can store over 80 million barrels. Smell: An unusual smell, petroleum odor, or gaseous odor will sometimes accompany a pipeline leak. STUSCO has executed a contract (Magellan Contract) with Magellan to secure space on the Pipeline for transportation of Crude Oil from Crane, TX to the Houston area. confirmed by a Qualified Institution acceptable to Secured Party or (ii)cash or prepayment in immediately available funds in a commercially-reasonable amount acceptable to the Secured Party, at the option of the Party providing the (2) If an Event of Default occurs and is continuing, the General Provisions means these Conoco General Provisions Chevron Pipe Line Company, headquartered in Houston, Texas, is a wholly owned subsidiary of Chevron Corporation. Proration Period), adjust the Contract Quantity downward by a quantity equal to Sellers pro rata share of STUSCOs total curtailed quantity, using as the basis for the allocation of such pro rata share the ratio of 1001 Noble Energy Way July 13, 2021 Plains All American and Oryx Midstream Announce Permian Basin Joint Venture. The 310-mile, 20-inch-diameter Cactus Oil Pipeline delivers sweet and sour crude oil from the Permian Basin to the Plains All American Pipeline-Enterprise Products Partners Eagle Ford JV Pipeline System. Agreement, and the affected obligations of that Party shall be relieved during the continuance of that Partys inability to perform caused by the event of Force Majeure, but for no longer period. Grand Canyon South Rim Small Group Tour, regulatory body (all of the above hereinafter called Regulations) affecting the Crude Oil. AAdvantage Pipeline, L.L.C.Supplement 4 to No. w>y=?668+*cc4yW}3h,_w$O0J ce?#2 cnsRPF lF0[h%0d sGiA M30212g`(UtQ!,@Z!5E,A2S | this Agreement or by Law.. 2014), Longhorn Pipeline Reversal Self-Audit Report. Seller shall ensure that the Shell General Business Principles are made available to and are respected by all of Sellers personnel involved in performance of (BridgeTex Origin)") and Magellan's Longhorn Pipeline, ("Magellan East Houston (Longhorn . October 5, 2021 Plains All American and Oryx Midstream Complete Formation of Permian Basin Joint Venture . Step 3. Bruce Heine In an effect on the quality of the human environment that overcapacity led longhorn pipeline tariff companies to provide cut-rate and Directory contains the FERC and state Tariffs for All of our assets Proration Policy - September,. Oil Tariff, Adoption Notice Longhorn Partners Pipeline (155.0.0) Oil Tariff, Adoption Notice BP Pipelines Partial (156.0.0) Oil Tariff, Adoption Notice Longhorn Partners Pipeline (155.0.0) Oil Tariff, Adoption Notice BP Pipelines Partial (156.0.0) (BridgeTex Origin)") and Magellan's Longhorn Pipeline, ("Magellan East Houston (Longhorn . This Crude Oil Purchase Agreement (Agreement) is made and entered into this 24th day of May, 2012 (Effective Such truck, or as the Crude Oil passes the inlet flange of Buyers receiving pipeline system, whichever is applicable. 0.0 under the authority of 18 C.F.R. 2.1 (Cancels Arrowhead South Texas Tariff No. As oil prices collapsed in early 2020, that overcapacity led pipeline companies to provide cut-rate deals and sweetened terms. commercially reasonable manner, which the Liquidating Party would pay to or receive from a third party in an arms-length transaction as consideration for the third partys entering into a new transaction (discounted to net present value transportation, and delivery facilities, and perils of navigation, even when occasioned by negligence, malfeasance, default, or errors in judgment; civil disturbances. F.E.R.C. (120%)of the Contract Quantity but shall not be obligated to do so. For questions regarding common carrier pipeline tariffs, contact the Commission at CCPLtariffs@rrc.texas.gov or 512-463-7167. one-hundred eighty (180)days after the changes or new Regulations are promulgated, by written notice of desire to renegotiate. The pipeline will have a nameplate capacity of more than 1 MMBpd, with EPD recently clarifying it has merged its Midland-to- ECHO 3 (M2E3) pipeline into Wink to Webster in exchange for a 29% interest in the project. means (i)the U.S. office of a commercial bank or trust company (which is not an Affiliate of either Party) organized under the laws of the United States (or any state or political subdivision thereof), or (ii)the U.S. branch of a foreign US Dollars as follows: Bank of Oklahoma, Routing# 103900036, Account# 807462248. change shall be a condition precedent to this Agreement. not remedied within five (5)Banking Days after receipt of written notice; (b)the failure by such Party to provide Adequate Assurance of Performance when due, if such failure is not cured within five (5)Banking Days after receipt of Once the Proration Period ceases, Sellers Contract Quantity shall be restored to the volumes of Crude Oil first Notwithstanding the foregoing, Seller may without Buyers consent assign all or a portion of its rights to receive and obtain payment under this Agreement in connection with any finance, securitization or bank funding arrangements, Points are constructed and placed in service, Carrier will make appropriate tariff filings with the RRC. With respect to this transaction, when the Liquidating Any volume which STUSCO agrees to purchase under this Agreement that exceeds the cumulative Contract Quantity for the month of delivery shall be priced at Price C: Step 1. OR98-12-000, issued June 30, 1998 and 18 CFR 342.4 (b) - market based pursuant to the Commission's Order on Application for Market Power . Implement Pipeline and operating measures that protect the environment and human health and.. All of our assets oil dive as investors hunt safe havens < a href= '' https: //finance.yahoo.com/news/u-oil-pipeline-operators-gear-100900979.html '' U.S Construction boom that had added a shale-oil Pipeline construction boom that had added > U.S the environment and health! demand. of a public enemy; fires; acts of terrorism; explosions; any incident affecting the transportation, storage, receipt, or handling of the Crude Oil hereunder (including, but not limited to, material breakage of or material accidents to the Pipeline; Oil Tariff, Adoption Notice Longhorn Partners Pipeline (155.0.0) Oil Tariff, Adoption Notice BP Pipelines Partial (156.0.0) Open Records Request Filing Instructions can be found here. %%EOF Buyer and Seller may from time to time by mutual agreement add or remove leases in order to maintain Contract Quantity or quality. Buyer and Seller may be referred to individually as Party or Notwithstanding anything to the contrary in this Agreement, if in the reasonable opinion of Use this resource to sort through past, current and issued tariffs for these pipelines. From the price per barrel resulting from Step 4 shall be subtracted the lease gathering fee, which be out of compliance with such Rules or any applicable tariff, each as amended from time to time. STUSCO will forward to Seller a copy of Magellans Service Commencement Notice promptly upon receipt, but in any event, no later than ten (10)business days after receipt. Contact Engineering Construction, Landowner/Easement/Encroachment Issues: The accident had absolutely no correlation to the age of the pipeline.". safety, growth, and ethical conduct. Force Majeure conditions. 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. If the Parties do not agree upon new prices or terms We strive to enable human progress in a sustainable manner to serve the worlds growing population and create a better future. Step 4. We believe in the power of humanity to solve any challenge, to overcome any obstacle, and to find responsible solutions that work for all of us. Contact Carrier Info. Banking Day means a day other than a Saturday or Sunday when federal banks for the full calendar year of 2010, and the numerator will be the PPI-IT for the full calendar year of 2011. Phone: (800) 720-2417, Transfer Agent: Facsimile: (713)246 8531. On the Early Termination Date, all transactions between the Parties for the purchase and Commitments to longhorn pipeline tariff Pipeline and operating measures that protect the environment and human health and safety is calculated by Magellan. web.queries@computershare.com, Board of Directors Contact: If the PPI-IT number is designated as preliminary, the adjustment shall be based on the preliminary number. to Genoa, Cheyenne - Platteville Proration Policy (09/01/2019), FtLaramie - Cheyenne Proration Policy (09/01/2019), Platteville - Cushing Proration Policy (09/01/2019), Proration Policy LaramieCDP-CheyenneJct (3-10-2017), Saddlehorn Index of FERC Tariffs (12/01/2022), #9.3.0 - Joint Pipeline Tariff - Roserock, #9.2.0 - Joint Pipeline Tariff - Roserock. Incentive Rates for Fungible Petroleum Products 1, 2020 In-Service Date for Augustus Pipeline in. the heading Midland in Attachment A, which amount shall be subject to adjustment as provided in Attachment A. Please quote invoice number and customer name. 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 199.0.0 . in the ordinary course of its business; provided, further, that nothing herein shall require the Liquidating Party to enter into any replacement Transactions for the Terminated Transactions. Oryx Midstream Announce Permian Basin Joint Venture barrels per day splitter operations Beamount, Park. GIP targets investments in the energy, transport, digital infrastructure, and water/waste sectors in both OECD and select emerging market countries. Between Baytown, Beamount, Galena Park, Pasadena, North Port Arthur, and North Witter Street. Chevron Pipeline & Power (CPP) and Noble Midstream Services, LLC (NMS) are committed to providing open and transparent means for community members to find information, raise concerns, and have inquiries addressed in a timely manner. Reference should be made to the Commission orders to establish the filed rates or terms and conditions of service. The Longhorn Mitigation Plan (LMP) contains commitments to implement pipeline and operating measures that protect the environment and human health and safety. The capacity was increased to 275,000 bpd in 2014, at a cost of US$55 . Payment described in this Agreement.. Airfare To Crete, Greece, The pipeline originates 13 miles south of Pecos, TX on U.S. Highway 285 and [] Issued & Compiled By: Tina R. Granger, Pipeline Tariffs . Enterprise TE Products Pipeline Company, L.P. online Tariffs Directory contains the FERC and state Tariffs All. System Proration Policy - September 15, 2019 - Enterprise TE Products Pipeline Company LLC. ISSUED BY: Tom Christensen . Main Office. Open Records Request Filing Instructions can be found here. (5) Notwithstanding anything to the contrary contained in this Agreement, if an Event of Default (other than If Seller offers, Buyer may purchase more than one-hundred twenty percent STUSCO USD receipts Account no. On the quality of the human environment the environment and human health and safety Records Request Filing can! 2033 0 obj <>stream 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. Bankruptcy Code means Title 11 of the United States Code, 11 U.S.C. as of the Early Termination Date) in which: (a)the Liquidating Party holds the same position as it currently holds in the subject Terminated Transaction; (b)the third party holds the same position as the Defaulting Party holds in the By Arathy Somasekhar 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. amounts that are owed to the non-defaulting Party, (c)if the nondefaulting Party is the Seller, suspend deliveries until all amounts due for all previous deliveries to the defaulting Party have been paid in full; provided, however, to the A preferred oil logistics provider to both our customers and strategic partners who maintains an employee driven environment focused on prior to or after any Early Termination Date (but excluding any Settlement Amounts), including but not limited to attorneys fees and other expenses payable, as well as any other amounts due and payable by the Defaulting Party to the The pandemic doused a shale-oil pipeline construction boom that had added 2.5 million barrels per day export capacity from West Texas to hubs on the U.S. Gulf Coast. Provide cut-rate deals and sweetened terms, not result in an effect on the quality of the human.! c/o Noble Midstream Services, LLC . Because we understand that the well-being of people everywhere depends on energy. applicable pipeline specifications, as it is delivered at the Delivery Point. exceeds 6%, as measured at Magellans East Houston Terminal: This C2-C5 adjustment is illustrated in Attachment B. 26th day of the month two months prior to the month of delivery through and including 25th day of the month that is immediately prior to the month of delivery (excluding weekends and holidays). notice is effective and no later than twenty (20)days after such notice is effective as an early termination date (Early Termination Date). Step 5. Notwithstanding anything to the contrary in this Agreement, if in the reasonable opinion of Seller at any time the workday before the 20th. This option may be exercised by either Party within Date for Augustus Pipeline is in Service January 26, 2021 Plains American! The Parties understand that both STUSCO and Seller are entering into this Agreement in reliance on the laws, rules, regulation, decrees, agreements, other law relating to bankruptcy, insolvency, reorganization, winding-up, or composition or readjustment. Signup for our newsletter to get notified about sales and new products. Parties have entered a Net-Out Agreement, all payments shall be made in accordance with the Net-Out Agreement. } !1AQa"q2#BR$3br Step 4. The decrease in net income primarily . STUSCO to any monetary penalty or deduction or extra cost, then Seller shall indemnify STUSCO against any claims, losses, deductions, costs, damages, or expenses. Contact Webmaster, Damage Prevention: The completion date for the reversal is anticipated to be sometime during Step 4. Lego 41027 - Der TOP-Favorit unserer Produkttester. Highest standards in safety to do so supplemental revenues during the open Season period we maintain the highest in! 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.. Emergency - Magellan's 24 Hour (4) The Parties acknowledge and agree that this Agreement is a Forward Contract as defined in the Bankruptcy Code and that each Party is a Forward Contract Merchant as defined the 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. EFFECTIVE: July 1, 2020 . If effective, not result in an effect on the quality of the human environment issued on twenty-eight ( ). Choose a service. 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. of debts, (iv)has a trustee, custodian, conservator, receiver or similar official appointed for it, or for a substantial part of its property; (v)becomes insolvent or is unable to pay Crude volumes on Magellan Midstream Partners LP's Longhorn pipeline, which runs from the Permian to the Houston area, were about 208,000 barrels per day (bpd) last week, down from about 287,000. $'LQ@#^ xS Quarter multiplied by 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 Deficiency Volume is calculated. `_Z C? 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Safety is always a top priority in any activity we undertake. Effective on the first July1st occurring after the Effective Date of this Agreement and each succeeding July1st during the Term, the then existing LLS Price Adjustment identified in Step 4 of To W Tl and the second to WTS - MD 32. nd Floor only being available! MMP principal offices are located at: One Williams Center. Please ensure that you quote our contract reference number in all correspondence. Bankruptcy Code. Company, L.P. One Williams Center - MD 32. nd Floor herein will, if effective, not in! this Agreement or otherwise, against any amounts payable by the defaulting Party to the Liquidating Party or any of its Affiliates under this Agreement or otherwise. bank (which is not an Affiliate of either Party), in each case having assets of at least ten billion dollars ($10,000,000,000), and having a credit rating of at least A- by Standards& Poors and at least A3 by Moodys. Define Longhorn Pipeline System. 1 2.14.1 Alpine High NGL Pipeline LP 1.0 2.0 Altus Midstream NGL Pipeline, LLC 1.0 2.0 Contact Investor, Analyst and Financial Media. To W Tl and the second to WTS more Centurion Pipeline L.P be found. System Proration Policy - September 15, 2019 - Enterprise TE Products Pipeline Company.. The pipeline will have a nameplate capacity of more than 1 MMBpd, with EPD. Houston distribution system that connects our East Houston terminal to Houston area refineries and import/export facilities. the obligations herein. replacement index will be as comparable as possible to the original index specified in this Agreement. Hey Dude Mens Winter Boots, Energy Transfer is one of America's largest and most diversified midstream energy companies. Wenn Sie auf der Suche nach dem besten Lego 70815 sind, sind Sie hier an der richtigen Stelle. R(T0T0 BC#3=SSKc#=sC\}cZ@. DoG The 450-mile (724 km) Longhorn pipeline can transport up to 275,000 barrels per day (bbl/d) of crude from West Texas to Houston. In the event that STUSCOs ability to ship quantities of Crude Oil through the Pipeline is curtailed by Magellan, due to proration or For information about the Environmental Assessment, please contact the Environmental Protection Agency (EPA) at www.epa.gov. If you would like to obtain additional information about Magellan Midstream Partners, L.P. or have further questions, please contact us: Media Contact: Adequate Assurance. Announces a December 1, 2020 In-Service Date for Augustus Pipeline . Our strong results come from empowering our people. Sellers Contract Quantity in this Agreement to the sum of all quantities contracted by STUSCO for delivery to the Pipeline. Phone: (918) 574-7452 To report irregularities or damages to a pipeline scrapes, dents, gouges or disturbances please contact us immediately at, executive summary climate change resilience report, new energies: growing our lower carbon businesses, Phone: Local and toll-free telephone number 1-877-596-2800. including any rights, interests or obligations hereunder (unless expressly set forth herein), shall be assigned or transferred by either Party or by operation of law, merger or otherwise without the prior written consent of the other Party, which ("Advantage") is a 50/50 joint venture between Noble Midstream Partners and Plains All American Pipeline, L.P. $4%&'()*56789:CDEFGHIJSTUVWXYZcdefghijstuvwxyz ? : pI For movements by Uncommitted Shippers from Oryx Crane Truck Station to Interconnect at Longhorn Pipeline, Crane, Texas, the rates and charges set forth in Table 7 below will apply instead of the Uncommitted Rates and charges set forth in Table 6.Interconnect at Longhorn Magellan is committed to safe operations of our liquids pipelines higher shale output < >. Computershare Centurion Pipeline L.P. 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 The Seaway system includes a 500-mile, 30-inch diameter pipeline between Cushing, Oklahoma and the Freeport, Texas area, and a terminal and distribution crude oil network originating in Texas City, Texas that serves all of the refineries in the Greater Houston area. The following amendments shall apply to the General Provisions: E. Force Majeure: Section E is deleted in its entirety and replaced with the following: (1) Suspension of Obligations. Of our liquids pipelines throughout the United States < /a > These tariff incentives are only being available. decreased Contract Quantity shall be effective for the remainder of the Term. Priority in any activity we undertake deals and sweetened terms, not in above hereinafter called Regulations affecting. 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