Phillips 66, Enbridge hold Permian crude pipeline open season

Phillips 66 and Enbridge Inc. are holding an open season for the Gray Oak Pipeline, a 385,000-b/d system that will carry Permian basin production for export and to Texas refineries in Corpus Christi, Freeport, and Houston. Shippers will have the option to select from origination stations in Reeves, Loving, Winkler, and Crane counties in West Texas.

The companies expect Gray Oak Pipeline to have an initial capacity of 385,000 b/d and will evaluate expansion of the system based on shipper interest during the open season. The pipeline system is expected to enter service second-half 2019.