Presentations on two upcoming projects in the area were discussed during the Cline Shale Alliance's quarterly luncheon, held recently at TSTC (Texas State Technical College) in Sweetwater.
Sweetwater Mayor Greg Wortham examined the BridgeTex Pipeline and oil storage terminal, which is coming about through the joint efforts of Magellan Midstream Partners and Occidental Petroleum (OXY) in 2014. The latter company will lead oil expertise services, while Magellan will assist in the construction.
The interstate pipeline will transport oil from the Permian Basin all the way to Houston, spanning 450 miles of pipeline measuring around 20 to 24 inches. While jobs will be created as a result, the heavy involvement of Texas throughout the project is a great advantage.
Additionally, the magnitude of the BridgeTex pipeline is anticipated to be the near-300,000 barrels of oil transported on a daily basis.
A short address was given on the FGE Texas natural gas power plant by Ross McCausland from Protos Energy. The plant, to be located near Westbrook, is expected to break ground in late fall of this year with operations scheduled to start in 2016.
Water has been a concern and continues to be addressed. However, the company has already obtained a construction contractor, technology selector and are working with ERCOT (Electric Reliability Council of Texas) leading up to the power plant's construction.
This article is part three of a four-part series which offers a recap of the quarterly Cline Shale Alliance luncheon held in Sweetwater on Friday, April 12.