Kingfisher Midstream, Blueknight Energy Partners and Ergon have signed agreements to develop a new pipeline system in Oklahoma.
Cimarron Express Pipeline will be a new crude oil pipeline serving STACK producers in central Oklahoma. The 65-mile, 16-inch pipeline will extend from northeastern Kingfisher Country, Oklahoma to Blueknight's Cushing, Oklahoma crude oil terminal.
The pipeline will provide direct market access at Cushing for producers and will have initial capacity of 90,000 barrels per day, expandable to over 175,000 barrels per day.
It is expected to be complete in mid-2019.
It will be jointly owned by Kindfisher Midstream and Ergon, both having a 50% stake. Blueknight will construct and operate the pipeline.
The receipt terminal for the newly constructed pipeline will be located at Kingfisher Midstream's crude oil storage facility.
Mark Hurley, CEO of Blueknight, says: 'This pipeline will create a direct connection to our storage assets at our Cushing crude oil terminal, enabling Alta Mesa Resources and other STACK producers to efficiently and safely move their production to the market.'
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