Shell Midstream Partners, L.P. Announces Proteus and Endymion Transports First Oil from Shell-operated Appomattox in the Gulf...
May 24 2019 - 9:16AM
Shell Midstream Partners, L.P. (NYSE: SHLX) announced today that
the systems owned by Proteus Oil Pipeline Company LLC (“Proteus”)
and Endymion Oil Pipeline Company LLC (“Endymion”) increased
volumes of crude oil from the startup of the Shell-operated
Appomattox floating production system via the newly commissioned
Mattox Pipeline (“Mattox”), which is majority owned and operated by
Shell Pipeline Company LP (“SPLC”). Shell Midstream Partners
owns a 10% interest in each of Proteus and Endymion.
“The Gulf of Mexico remains an important part of the US
production story – as evidenced by these new volumes,” said Kevin
Nichols, CEO, Shell Midstream Partners. “Over the last three years,
most of the 19 sanctioned projects across the Gulf of Mexico flow
through our systems, giving us the ideal position to capture
growth. Our offshore corridor strategy is working – and we are
pleased with the resilience and growth that the Gulf of Mexico
provides.”
Appomattox, which currently has an expected production of
175,000 boe/d, achieved first oil on May 23, 2019. The Mattox
Pipeline is transporting oil from Appomattox into the Proteus and
Endymion systems which ultimately connect to onshore markets via
the Clovelly, LA storage hub.
# # #
About Proteus:
Shell Midstream Partners, L.P. owns a 10.0% interest in Proteus,
which owns the Proteus pipeline system. Other owners in Proteus are
BP Midstream Partners, L.P. (42.25%) and an affiliate of BP Plc
(22.75%) through their joint ownership of Mardi Gras Transportation
System Company LLC and ExxonMobil Pipeline Company (25.00%).
SPLC is the operator of Proteus. The Proteus pipeline system
provides transportation for multiple oil producers in the eastern
Gulf of Mexico. The pipeline provides access to the Mississippi
Canyon area of the Gulf of Mexico.
About Endymion:
Shell Midstream Partners, L.P. owns a 10.0% interest in
Endymion, which owns the Endymion pipeline system. Other owners in
Endymion are BP Midstream Partners, L.P. (42.25%) and an affiliate
of BP Plc (22.75%) through their joint ownership of Mardi Gras
Transportation System Company LLC and ExxonMobil Pipeline Company
(25.00%). SPLC is the operator of Endymion.
About Mattox Pipeline:
Mattox is a 90-mile, 24-inch system with a 300,000 barrels per
day capacity that will move the produced crude oil from Appomattox
westward to the Proteus and Endymion pipeline systems then onshore.
Mattox is jointly owned by SPLC and CNOOC Petroleum Sales U.S.A.
Inc., an indirectly wholly-owned subsidiary of CNOOC Limited.
About Shell Midstream Partners, L.P. Shell
Midstream Partners, L.P., headquartered in Houston, Texas, is a
growth-oriented master limited partnership that owns, operates,
develops and acquires pipelines and other midstream assets. Our
assets include interests in entities that own crude oil and refined
products pipelines and terminals that serve as key infrastructure
to (i) transport onshore and offshore crude oil production to Gulf
Coast and Midwest refining markets and (ii) deliver refined
products from those markets to major demand centers. Our assets
also include interests in entities that own natural gas and
refinery gas pipelines which transport offshore natural gas to
market hubs and deliver refinery gas from refineries and plants to
chemical sites along the Gulf Coast.
FORWARD LOOKING STATEMENTS
This press release includes various “forward-looking statements”
within the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
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