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SavageÂé¶¹´«Ã½Ó³»­™s open season for new pipeline facilities

 

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World Âé¶¹´«Ã½Ó³»­,

Savage Services Corporation announced that it is commencing a binding open season at 9 a.m. mountain time on 11 May 2016, to solicit commitments for new pipeline facilities (Savage DAPL Connector pipeline) that would connect SavageÂé¶¹´«Ã½Ó³»­™s Bakken Petroleum Services Hub in Trenton, N.D., to Dakota Access PipelineÂé¶¹´«Ã½Ó³»­™s (DAPL) pipeline facilities near Trenton, N.D.

The Savage DAPL Connector Pipeline would include approximately 9 miles of 10 in. interstate crude oil pipeline facilities. It is anticipated that the pipeline will have an initial capacity of 60 000 bpd, and an in-service date during the first quarter of 2017. Savage is seeking commitments from interested parties capable of committing to ship at least 10 000 bpd, for a minimum contract term of seven years. As a common carrier pipeline, as defined in the Interstate Commerce Act, the pipeline would be subject to the jurisdiction of the Federal Energy Regulatory Commission (FERC).

Pipeline benefits to shippers include a direct, pipe-to-pipe connection from SavageÂé¶¹´«Ã½Ó³»­™s hub to DAPLÂé¶¹´«Ã½Ó³»­™s pipeline system for further transport to prime markets, providing customers with greater optionality when combined with the Trenton HubÂé¶¹´«Ã½Ó³»­™s existing outbound options.

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