Magellan to Expand Crane-to-Houston Pipeline to 225,000 BPD
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Magellan Midstream Partners LP will expand the capacity of its Crane, Texas, to Houston crude-oil pipeline to 225,000 barrels a day, according to a statement from the company.
The expanded capacity is fully committed with long-term agreements, according to the statement. The pipeline will move oil production from West Texas to refineries in Houston and Texas City, Texas, and help “alleviate the current crude oil oversupply situation in Cushing, Oklahoma,” Michael Mears, the company’s chief executive officer said in the statement.