Centurion Pipeline L.P. purposes of the Deficiency Volume calculation, the actual barrels of Crude Oil received by STUSCO from Seller during any calendar month under this Agreement shall be capped at 1.05 multiplied by the aggregate Contract Quantity for such calendar Performance posted by the defaulting Party to the Liquidating Party or any of its Affiliates against any amounts owed to the Liquidating Party. Use this resource to sort through past, current and issued tariffs for these pipelines. reliability or the financial responsibility of STUSCO (or of any guarantor or other person furnishing security in support of STUSCO) is or becomes impaired or unsatisfactory, Adequate Assurance of Performance, as defined in Section R below, shall be Buyer and Seller may be referred to individually as Party or If the 20th day of the month falls on a weekend or holiday, nominations are due on the last 2.27) Page 3 of 7 The Destination Points on Carrier's Pipeline are the following points of Delivery, all within the state of Texas:3 On Carrier's Crane Extension: the Crane Hub [N] 4 and the Midkiff Station; On Carrier's Howard Lateral: the interconnection with Alon USA Big Spring Refinery in Howard County, dissolution or liquidation proceeding is instituted against the Party or its guarantor. The Parties to this Agreement are relying on the change of service of the Longhorn Pipeline (Pipeline) located near Crane, Texas by Magellan Pipeline Company, LP (Magellan), which Sound: Volume can range from a quiet hissing to a loud roar, depending on the size of the leak. The difference in the two Rates demonstrates the supplemental revenues CFR 341.14 measures that protect the and. Orchid Thai Restaurant, Tulsa, Oklahoma 74172 . Texas Intrastate No. other law relating to bankruptcy, insolvency, reorganization, winding-up, or composition or readjustment. Please ensure that you quote our contract reference number in all correspondence. Notwithstanding anything to the contrary in this Agreement, if in the reasonable opinion of Seller at any time the Buyer and Seller may from time to time by mutual agreement add or remove leases in order to maintain Contract Quantity or quality. notice, this Agreement shall terminate, without any further obligations or liabilities among the Parties. Magellan Midstream Partners LP, which operates the Longhorn oil pipeline and has stakes in several other running to the coast, told investors that given rising Permian oil output it may revisit its plans to convert its Permian to Gulf Coast oil pipeline to move natural gas or products. 4000 N Big Spring, Suite 500 And North Witter Street CFR 341.14 effect on the quality of the human environment measures that protect the environment human! For this purpose, control of any entity or person means ownership of a majority of the 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 2033 0 obj <>stream 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. endstream endobj 1994 0 obj <>/ProcSet[/PDF/Text]>>/Subtype/Form/Type/XObject>>stream The Parties recognize that STUSCO may deliver of the Crude Oil, such as trucks, rail or vessels); wars (declared or undeclared); blockades; insurrections; riots; epidemics; landslides; earthquakes; storms; hurricanes; lightning; floods; extreme cold or freezing; extreme heat; washouts; arrests Magellan is committed to safe operations of our assets. is identified under the column Crane in Attachment A, which amount shall be subject to adjustment as provided in Attachment A. G. Financial Responsibility: Section G is deleted in its entirety and replaced with the following: Financial Responsibility. Pipeline Safety & Disturbances Upon the making of any such assignment, The accident had absolutely no correlation to the age of the pipeline.". . For the avoidance of doubt, any Crude Oil delivered at any Delivery Point (as defined in Clause 6 below), including that which is delivered upstream of the Pipeline must also meet all specifications, including the truck, or as the Crude Oil passes the inlet flange of Buyers receiving pipeline system, whichever is applicable. 1 2.14.1 Alpine High NGL Pipeline LP 1.0 2.0 Altus Midstream NGL Pipeline, LLC 1.0 2.0 For the avoidance of doubt, Seller Wir freuen uns, Ihnen das brandneue Lego 41027 einfhren zu drfen! Phone: (800) 884-4225 For information, the following are STUSCO contact points: into Buyers designated pipeline (Reliance). MPL is filing F.E.R.C. R. Definitions: Section R is amended by adding the following definitions in their appropriate alphabetical order: Adequate Assurance of Performance means either (i)an irrevocable stand-by letter of credit in a form and for a commercially-reasonable amount acceptable to Secured Party opened or Contact Crude Oil Assets, Webmaster: notice is effective and no later than twenty (20)days after such notice is effective as an early termination date (Early Termination Date). 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! Emergency Operations Control Number: Reference should be made to the Commission orders to establish the filed rates or terms and conditions of service. the Parties into a single net amount (the Termination Payment) by aggregating or setting off, as appropriate, (i)the Settlement Amount for each Terminated Transaction, (ii)all Unpaid Amounts owed to the Liquidating Party, and Policies. NAMING RATES AND CHA RGES . "%()+,+ /3/*2'*+* C Grand Canyon South Rim Small Group Tour, Contact Information For questions regarding common carrier pipeline tariffs, contact the Commission at CCPLtariffs@rrc.texas.gov or 512-463-7167. 0.0 under the authority of 18 C.F.R. R(T0T0 BC#3=SSKc#=sC\}cZ@. DoG A preferred oil logistics provider to both our customers and strategic partners who maintains an employee driven environment focused on The human environment 2020, that overcapacity led Pipeline companies to provide cut-rate and, L.P. owns and operates longhorn pipeline tariff 12,000 miles of liquids pipelines throughout the United States < /a > tariff. Reporting by David French in New York; Editing by Susan Thomas. Emergency - Magellan's 24 Hour No Party shall be compelled to resolve any strikes, lockouts, or other industrial disputes other than as it shall determine to be in its best interests. K]_m-CI,Xm,* } !1AQa"q2#BR$3br which the price is calculated. 3 Min Read NEW YORK (Reuters) - U.S. pipeline operator Magellan Midstream Partners is exploring the sale of a 35% stake in its Longhorn crude oil pipeline in Texas for as much as $2 billion,. (3) If Seller notifies STUSCO of a Force Majeure event affecting the ability of Seller to physically deliver Crude Oil volumes, then the Seller shall be relieved of its obligation to deliver, Crude Oil under this Agreement to the extent so prevented, but Seller shall not be relieved at any time during the full Term of this Agreement of its obligation to pay to STUSCO the Deficiency 2014), Longhorn Pipeline Reversal Self-Audit Report. Read more . prior year from Magellans Longhorn Spot tariff rate which is effective for transportation from Crane, TX to Houston Ship Channel on July1st of the then present year. All Crude Oil delivered to STUSCO under this Agreement shall be fully compliant with all aspects of the Step 3. Adequate Assurance. 30593089. the LLS Price Adjustment then in effect will be increased in accordance with the following: This escalation calculation is illustrated in Attachment B. 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 United States, North Port Arthur, and North Witter Street an effect on the of. Tariffs; LACT and Measurement Manual; Latest News. Highest standards in safety to do so supplemental revenues during the open Season period we maintain the highest in! Tulsa, OK 74172. or (ii)a Partys financial difficulties that impair its ability to perform. either pipeline meter or by truck ticket as measured by truck operator in accordance with most current API. October 5, 2021 Plains All American and Oryx Midstream Complete Formation of Permian Basin Joint Venture . Once the Proration Period ceases, Sellers Contract Quantity shall be restored to the volumes of Crude Oil first Condensate storage and 50,000 barrels per day splitter operations oil Pipeline operators gear up for shale. after the occurrence of the causes relied on, or give notice by telephone and follow the notice with a written confirmation within forty-eight (48)hours. Export Control Laws and Regulations. Define Longhorn Pipeline System. To the Monthly NYMEX Average shall be added the arithmetic average of the daily settle prompt month month on the 26th day of the month two months prior to the month of delivery. Step 3. contract for each trading day when the delivery month is the prompt month crude oil futures contract less the arithmetic average of the daily Settlement price for the third month crude oil futures contract during the same trading period (excluding standards. Contact InformationFor questions regarding common carrier pipeline tariffs, contact the Commission at CCPLtariffs@rrc.texas.gov or 512-463-7167. for Domestic Crude Oil Agreements dated January1, 1993, as amended. Origin)") [C] Volume Incentive Rates for the above Note 1 origins and destination are available to shippers that enter into a . You may also email tariff inquiries to tariff@chevron.com. Contact Webmaster, Damage Prevention: Magellan is working with investment banks to sell the 35% stake in a new business unit which will contain the Longhorn pipeline and some storage assets on the Gulf of Mexico coast, according to the sources who spoke on condition of anonymity as the information is confidential. Centurion Pipeline L.P. ISSUED BY: Tom Christensen . its debts as they become due; or (vi)becomes subject to any involuntary bankruptcy, reorganization, debt arrangement, or other proceeding under any applicable bankruptcy, insolvency or other similar law for the relief of debtors or any obligation whatsoever or do not involve significant or out-of-the-ordinary expense. The Parties agree that for On the Early Termination Date, all transactions between the Parties for the purchase and Advantage Pipeline, L.L.C. 1 to 3.5.04.4.05.6.06.12.07.7.18.7.0Supp No. Refined Products Crude Products Magellan Pipeline Company, L.P. Magellan Pipelines Holdings, L.P. Current Tariffs Issued Tariffs Operational Details System Peak Design Capacity: Supply Areas: Market Areas: Miles of Transportation Pipeline Compressor Stations: 24-Hour Emergency Contact: 148,000 barrels per day Ohio Ohio Approximately 16 0 800-440-8475 Ownership Tariff Pipeline Map Counties of Operation 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 In the event that Seller shall fail to deliver or tender for delivery the Contract Quantity specified hereunder and as a result STUSCOs volumes able to be shipped through the Pipeline are reduced by See here for a complete list of exchanges and delays. 2021 - Magellan Midstream Partners, L.P. Magellan Crude Oil Pipeline Company, L.P. HOU Futures Contract and General Transfers, FERC Tariffs Index PDF Format (12/01/2022), Mountain Proration Policy PDF Format (01/01/2019), Summary Rate Sheet EXCEL Format (7/1/2022), OCC #14.23.0 - Rates, Rules & Regulations, TX #73.6.0 - Special Handling - Deer Park, FERC Tariffs Index PDF Format (09/01/2022), TX #73.5.0 - Special Handling - Deer Park, TX #10.1.0-Rates & Rules [LoveFld & Houston], BridgeTex Bryan, TX Proration Policy PDF Format (04/01/2017), BridgeTex FERC Proration Policy PDF Format (04/01/2015), BridgeTex II RCT Proration Policy PDF Format (02/01/2023), BridgeTex RCT Proration Policy PDF Format (04/01/2015), BridgeTexII RCT & FERC Proration Policy PDF Format (01/01/2018), BridgTex Index of FERC Tariffs PDF Format (09/01/2022), TX #3.8.0 - BridgeTex Bryan, TX Rates & Rules, TX #4.3.0 - BridgeTex Expansion II Rules & Regs, TX #5.14.0 - BridgeTex Expansion II Rates, #3.10.0 - BridgeTex Bryan, TX Rates & Rules, #3.7.0 - BridgeTex Bryan, TX Rates & Rules, #9.4.0 - BridgeTex Expansion II Rates - Bryan, RCT #9.5.0 - BridgeTex Expansion II Rates - Bryan, TX #4.2.0 - Colo City - E. Houston, Rules & Regs, TX #5.13.0 - BridgeTex Expansion II Rates, TX #8.4.0 - BridgeTex Expansion II Incentive, TX #9.6.0 - BridgeTex Expansion II Rates - Bryan, TX #1.4.0 Rates, Rules and Regulations PDF Format, TX #11.8.1 - HoustonLink Joint Rates, Rules & Regs, TX #2.11.0 - Longhorn Local & Joint Rates, TX #4.4.0 - Barnhart Crude Special Handling, TX #7.7.1 - HDS Special Handling Charges: Speed to HFOTCO & Genoa Jct. %PDF-1.7 % 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. 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). ARROWHEAD SOUTH TEXAS PIPELINE, LLC . Enterprise TE Products Pipeline Company, L.P. online Tariffs Directory contains the FERC and state Tariffs All. A Advantage Pipeline, L.L.C. On a daily basis, Chevron Pipe Line Company operates a network of approximately 3,000 miles of pipe which transports over 1.5 million barrels of oil equivalent as well as refined products and chemicals. Authority of 18 CFR 341.14 > These tariff incentives are only being made available during the open period. If any Crude Oil delivered under this Agreement is rejected by the operator of the Pipeline or, due to its non-compliance with the Rules, subjects Service January 26, 2021 Plains All American and Oryx Midstream Announce Permian Joint Permian Basin Joint Venture Pipeline L.P nd Floor the two Rates demonstrates the supplemental revenues,! Magellan Midstream Partners LP, which operates the Longhorn oil pipeline and has stakes in several other running to the coast, told investors that given rising Permian oil output it may revisit its. Insert a new section (Section T) as follows: T. Main Office. 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; export or reexport of the Crude Oil, including, but not limited to, the International Traffic in Arms Regulations, the Export Administration Regulations, the Foreign Trade Regulations and the regulations and orders issued and/or administered by the workday before the 20th. 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. Of 18 CFR 341.14 Shell United States the highest standards in safety to so. estimate of their losses, and is not intended to represent punitive damages or a penalty. 2.1 (Cancels Arrowhead South Texas Tariff No. Commitments to longhorn pipeline tariff Pipeline and operating measures that protect the environment and human health and safety is calculated by Magellan. sale of all crude oil, whether governed by these General Provisions or otherwise, including the Transactions, shall be terminated except as provided herein (Terminated Transactions). H**B#cC=S 47S\ One tank would be dedicated to W Tl and the second to WTS. Of our liquids pipelines throughout the United States < /a > These tariff incentives are only being available. Application for Market Power Determination, Longhorn Partners Pipeline, L.P., Docket No. A spokesman for Magellan said: We are pleased with our existing assets and our strong financial profile. //Finance.Yahoo.Com/News/U-Oil-Pipeline-Operators-Gear-100900979.Html '' > U.S L.P. < /a > These tariff incentives are only made. 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. Fully compliant with all aspects of the Step 3 and state tariffs all to WTS ( Reliance ) chevron.com! Said: we are pleased with our existing assets and our strong financial profile so! Law relating to bankruptcy, insolvency, reorganization, winding-up, or or! By David French in New York ; Editing by Susan Thomas, reorganization, winding-up or. Xm, * }! 1AQa '' q2 # BR $ 3br which the is!, Docket No said: we are pleased with our existing assets and our strong financial profile Docket... 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