Carlsbad, NM to Midland: It's crude but turning soil for oil pipelineCarlsbad, NM to Midland: It's crude but turning soil for oil pipelinehttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=178862017-10-07T05:00:00Z2017-10-07T20:00:00Z

​​​Pipeline delivering oil​MIDLAND – Oryx Midstream Services plans to build a 220-mile crude oil transportation pipeline serving the Delaware Basin portion of the Permian Basin that will run from Carlsbad, New Mexico, to Midland.

The Midland-based oil company is not disclosing the cost of the pipeline project, but it has raised $340 million from investors this year. 

Oryx announced it had closed on a long-term regional oil transportation agreement with Oklahoma-based WPX Energy and other producers for 300,000 acres that will be dedicated to the project. 

The pipeline will have the capacity to transport up to 400,000 barrels of oil per day, according to the company.

Oryx said construction has begun on the pipeline that the company expects to be completed by the end of 2018.

Houston Business Journal
Infrastructure & Transportation

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