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Mars Oil Pipeline Company

Company Summary


Mars is a major corridor crude oil pipeline in a high-growth area of the offshore Gulf of Mexico 163-mile pipeline originating approximately 130 miles offshore Transports production from the Mississippi Canyon area to salt dome caverns in Clovelly, LA We believe Mars is the primary outlet for connected producers: Receives production from the Olympus and Mars platforms the Medusa and Ursa pipelines, and production from other connections Well positioned to allow additional connections from new supply pipelines without significant capital expenditures SPLC operates Mars' pipeline system BP holds the remaining minority interest in Mars JV SHLX will have voting control of Shell's ownership interest (equal to 71.5%)


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Company Transactions

Date: 12/31/2017
Type: Acquisition

This included Triton West LLC, the owner of five refined product terminals, 41.48% of LOCAP LLC, 22.9% of Mars Oil Pipeline Company, another 22% in Odyssey Pipeline and a 10% stake in Explorer Pipeline Company.
  • United States
  • Date: 9/28/2016
    Type: Acquisition

    Shell Midstream Partners acquired an additional 20 percent equity interest in Mars Oil Pipeline Company and 49 percent interest in Odyssey Pipeline LLC from Shell for total purchase price of $350 million.
  • Gulf of Mexico
  • Delaware Basin