Bridger Logistics, LLC and Advantage Pipeline, LLC Develop Major New Pipeline to Connect Delaware Basin to Gulf Coast Markets Producers No Longer Restricted to Midland and Cushing
DALLAS, Sept. 5, 2012 /PRNewswire/ -- Today, Bridger Logistics, LLC, a division of Bridger Group, LLC, an emerging leader in the midstream segment of the oil and gas industry, announced plans to join Advantage Pipeline, LLC of Midland, Texas in the development of its Pecos River Pipeline Project ("Pipeline") that will transport oil from the Delaware Basin to Gulf Coast and Midland, Texas markets.
The Pipeline will originate in the Delaware Basin near Pecos, Texas and terminate in Crane, Texas. At Crane, Texas, the Pipeline will connect to Magellan's Longhorn Pipeline, as well as Centurion Pipeline's Crane Station. Once fully operational, the Pipeline will have an initial capacity to transport 150,000 barrels a day of crude oil and will consist of more than 75 miles of trunk line. Lateral extensions, gathering stations, origination stations and truck offloading facilities will also be developed by Bridger Transfer Services, LLC.
The Pecos River Pipeline Project is scheduled to be operational by the 1st quarter of 2013. Upon completion, the Project will be the first to allow producers and shippers in the Delaware Basin to deliver oil directly to Crane, Texas.
"The Pecos River Pipeline Project further advances and expands our ability to provide our logistics customers greater access to premium markets on the Gulf Coast," said James Ballengee, Bridger Chairman and Chief Executive Officer.
About Bridger Logistics, LLC
Headquartered in Dallas, TX, Bridger Logistics, LLC is a national provider of logistics services to the crude oil industry engaged in the transportation, storage, and terminalling of crude oil through its own pipeline injection stations, pipelines, rail loading and unloading terminals, railcars and tank trucks. The company currently provides flow assurance to its customers for over 100,000 barrels of crude oil per day through its logistics assets. These services are provided through its subsidiaries, Bridger Transfer Services, LLC, Bridger Lake, LLC, Bridger Midstream, LLC, Bridger Storage, LLC, Bridger Rail Shipping and its affiliate Southern Energy Transportation, Inc.
About Advantage Pipeline, LLC
Headquartered in Midland, TX, Advantage Pipeline, LLC is an oil transportation company formed in 2011 by Mike Shelton and Randy Geiselman. In addition, James Griffis serves as a member of the management team. Together, Mike and Randy have more than 65 years combined experience in the crude oil transportation business in the Permian Basin. Advantage is focused on crude oil transportation in the Permian Basin, primarily on the continued development in the emerging Wolfbone.
SOURCE Bridger Logistics, LLC