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BridgeTex Pipeline Company, LLC

Company Summary

Description

The BridgeTex pipeline was recently expanded from 300,000 barrels per day ("bpd") to a capacity of 400,000 bpd to deliver Permian Basin crude oil from Colorado City, Texas to the Houston Gulf Coast area.

Operational Regions

  • Permian Basin
  • Gulf Coast

Related Entities

Recent news

Company Transactions

Date: 10/15/2018
Type: Acquisition

NOTES:
Plains All American and Magellan Midstream have entered into an agreement to sell a 50% interest in BridgeTex Pipeline Company to OMERS for $1.438 billion. OMERS will acquire a 30% stake from Plains and a 20% stake from Magellan.
REGIONS:
  • Texas and Producing Region