Project Profile
Value: US$220 million (Magellan net)
Location: from the Niobrara shale, Platteville in Colorado to the storage facilities in Cushing, Oklahoma, USA
Capacity: 400,000 barrels per day of crude oil
Length: 600 miles
Start-up Year: September 2016.
The Saddlehorn Pipeline includes an approximate 600-mile, 20-inch diameter pipeline capable of transporting up to 400,000 barrels per day of crude oil from Platteville, Colorado to Magellan\'s storage facilities in Cushing. Magellan expects to use its existing right-of-way for a significant portion of the pipeline route. Since March 2015, the equity ownership in Saddlehorn will be 40% Magellan, 40% Plains and 20% Anadarko. The pipeline began transporting crude in September 2016. Magellan expected to complete the Carr-to-Platteville spur in 2017.
Operators:
Magellan Midstream Partners, L.P.: Operator with 40% interest
Plains All American Pipeline, L.P.: 40% interest
Anadarko Petroleum Corporation: 20% interest