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In 2005, Texas Eastern Products Pipeline, was acquired by Enterprise Products Partners L.P. in 2005, and Enterprise Products became the system operator with a 50% stake. [ 4 ] In late 2011, Canadian pipeline company Enbridge bought Conoco's remaining 50% interest in the company for $1.15 billion.
The East Texas Oil Field is a large oil and gas field in east Texas. Covering 140,000 acres (57,000 ha) and parts of five counties, and having 30,340 historic and active oil wells, it is the second-largest oil field in the United States outside Alaska, and first in total volume of oil recovered since its discovery in 1930. [ 1 ]
The Cushing MarketLink pipeline phase started at Cushing, Oklahoma, where American-produced oil is added to the pipeline, then runs south 435 miles (700 km) to a delivery point near terminals in Nederland, Texas, to serve refineries in the Port Arthur, Texas, area. Keystone started pumping oil through this section in January 2014.
Longhorn Pipeline started as a 450-mile pipeline, from Houston, Texas, to Crane, Texas, in the Permian Basin, that was built in the 1950s to carry West Texas crude oil to Gulf Coast refineries. In 1995, Longhorn Partners acquired that pipeline, with the aim of reversing its flow, to carry gasoline and other refined products from Houston-area ...
Texas Eastern Pipeline (TETCo) is a major natural gas pipeline which brings gas from the Gulf of Mexico coast in Texas and Louisiana up through Mississippi, Arkansas, Tennessee, Missouri, Kentucky, Illinois, Indiana, Ohio, and Pennsylvania to deliver gas in the New York City area. It is one of the largest pipeline systems in the United States.
Map of the part of the region in Texas. Red is the core; pink represents the counties sometimes included in the region. Active Permian Basin pumpjack east of Andrews, TX Aerial view of oil fields of the Permian Basin in Ward County, TX. Due to its economic significance, the Permian Basin has also given its name to the geographic region in which ...