• Sign up for the Daily Digest E-mail!

BOE Report

  • Home
  • Headlines
    • Canada
    • USA
    • Columns
    • Advocacy
    • Regulatory
    • Discussions
  • Regions
    • Anadarko Basin
    • Appalachian Basin
    • Arkoma Basin
    • Cardium Sandstone
    • Duvernay Shale
    • Eagle Ford Shale
    • Fort Worth Basin
    • Haynesville Shale
    • Montney Shale
    • Niobrara-DJ Basin
    • Permian Basin
    • San Joaquin Basin
    • Shaunavon
    • Uinta Piceance Basin
    • Viking Sandstone
    • Western Canadian Basin
    • Williston Basin
  • Well Activity Map
  • Property Listings
  • Land Sales
  • M&A Database
  • Markets
    • Canada Markets
    • USA Markets
    • Canada Well Licences
    • Canada Rig Count
    • USA Rig Count
    • Natural Gas Storage
    • Crude Oil Inventory
  • Data
  • Jobs

TransCanada says construction on Gulf Coast pipeline to finish this month

October 2, 20132:44 PM The Canadian Press

gulf coast pipeline

CALGARY – TransCanada Corp. says a pipeline to ship crude oil from Cushing, Okla., to the U.S. Gulf Coast is 95 per cent complete.

The Calgary-based company says major construction on the $2.3-billion pipeline is expected to wrap up by the end of October.

More work will need to be done before it can begin filling the pipeline with crudel, but the company hopes to see the project becoming operational by the end of this year, as planned.

The prospect of 700,000 barrels per day soon moving from Cushing to the Gulf sent West Texas Intermediate oil prices higher, with crude for November delivery gaining US$2.06, or two per cent, to close at US$104.10 a barrel on the New York Mercantile Exchange.

Meanwhile, the company is still awaiting a decision by the U.S. State Department on the more contentious northern portion of its Keystone XL pipeline.

TransCanada, which filed its application for Keystone XL more than five years ago, was able to go ahead with the southern leg first as a separate project because it doesn’t cross an international border.

Keystone XL TransCanada

Follow the BOE Report
  • linkedin
  • facebook
  • twitter
Sign up for the BOE Report Once Daily Digest E-mail

Latest Headlines

  • Leading Independent Advisory Firm, Glass Lewis, Recommends Crescent Point Shareholders Vote for All Management Nominees and Warns About Cation’s “Decidedly Vague Plan”
  • Saturn Oil & Gas Inc. Continues to Grow Land Position in Flaxcombe Area
  • Oil hits $68 on supply cuts, prospect of Iran sanctions
  • Delphi Energy Announces Successful West Bigstone Test and Commissioning of the Bigstone Montney Phase I Amine Facility Ahead of Schedule
  • Response to Tzeporah Berman: If “the power of protest endures,” don’t pretend you’re interested in useful energy discussions, not with your track record anyway

Return to home page
OSY Rentals

About
  • About BOEReport.com
  • In the News
  • Terms of Use
  • Privacy Policy
Resources
  • App
  • Widgets
  • Desktop
  • Daily Digest E-mail
Get In Touch
  • Advertise
  • Post an Announcement
  • Post a Job
  • Contribute
  • Contact
Featured In
  • CamTrader
  • Rigger Talk
BOE Network
Copyright © 2018 Grobes Media Inc.