Enterprise Announces Permian Growth Projects; Seminole Pipeline to Be Taken out of Crude Oil Service
Enterprise Products Partners L.P. (NYSE: EPD) (“Enterprise”) today announced four new capital projects to support continuing production growth in the Permian Basin.
- Enterprise Products Partners L.P. (NYSE: EPD) (“Enterprise”) today announced four new capital projects to support continuing production growth in the Permian Basin.
- Enterprise believes crude oil, natural gas and NGL production in the Permian Basin will continue to grow throughout the decade.
- To provide incremental NGL transportation service until construction of the Bahia Pipeline is completed, Enterprise has begun preparations to convert the Seminole Red Pipeline from crude oil service back to NGL service in December 2023.
- This pipeline has been in crude oil transportation service since the second quarter of 2019 and was known as Enterprise’s Midland-to-ECHO 2 crude oil pipeline.