Houston midstream co. gauges interest in Permian pipeline project

Houston-based Plains All American Pipeline LP (NYSE: PAA) has started an open season to measure interest among potential shippers for a new pipeline out of the Permian Basin.

The new line would feature origin points in Midland and Colorado City, both in Texas, and deliver the crude to the storage hub in Cushing, Oklahoma, according to a Plains All American press release.

If it receives sufficient commitments from shippers and the regulatory process goes smoothly, the project could bring as much…

Houston midstream co. gauges interest in Permian pipeline project syndicated post

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