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Saturday, 23 November 2019

MPLX, Partners Hold Open Season for 500-mile Whistler Pipeline project.

Whistler Pipeline LLC (“Whistler Pipeline”) which is a consortium made up of MPLX LP (NYSE: MPLX), WhiteWater Midstream (Whitewater) and a joint venture between Stonepeak Infrastructure Partners (Stonepeak) and West Texas Gas, Inc. (WTG) today announced the beginning of a binding Open Season to solicit commitments for the remaining capacity on the Whistler Pipeline.

The Open Season commenced on Friday, November 15, 2019 and conclude at 5:00 PM CST on Monday December 16, 2019. Whistler Pipeline may, at its sole discretion, extend the duration of the Open Season at any time during the Open Season.

(Whistler Pipeline LLC) agreed to install approximately 450 miles of 42-in  intrastate pipeline (the “Whistler Mainline”) that will transport natural gas from an interconnect with the Waha Header near Coyanosa, Texas in the Permian Basin to a terminus near Agua Dulce, Texas, providing direct access to South Texas markets and consumers.
The pipeline will also include an approximately 50-mile 36-inch lateral will provide connectivity for gas processors in the Midland Basin.

Whistler Pipeline project will have a transportation base capacity of 2.0 Bcf/d.
Whistler Pipeline has contracted for the supply of the entirety of 42”/36” steel pipeline needed to complete the project and is on schedule in its completion of the survey along the planned route and acquisition of appropriate permits for a summer 2021 in-service date. Construction will start in 2020.

The natural gas pipeline will provide an impetus to explorers in the Permian Basin, wherein the flaring rate is high. In addition to the Whistler Pipeline, MPLX is well-positioned to capitalize on the growing demand for fresh midstream assets, in order to support increasing volumes of crude oil, natural gas and NGLs in the prolific shale plays in the United States.
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