Our latest project, the Beta Crude Connector, LLC ("BCC"), is the most recent showcase of Frontier Energy Services' ("Frontier") continued success as a premier midstream solutions provider, this time in the heart of the Midland Basin.
The BCC system provides crude oil gathering and transportation services in the Midland Basin across Martin, Midland, Ector and Andrews Counties, Texas. The BCC gathering and transportation system supports the continued growth in midstream demand from persistent growth in drilling activity in the Midland Basin.
The BCC system consists of approximately 100 miles of crude oil transportation pipeline and approximately 200,000 barrels of operational storage in the Midland Basin of West Texas. The pipeline has the capacity to deliver approximately 150,000 barrels per day of crude oil to multiple delivery points, accessing local refineries and connecting to multiple downstream pipelines.
Tying producer volume directly into multiple refinery markets and the rapidly growing Gulf Coast export markets, BCC provides customers with a reliable system with the optionality to get barrels off of trucks, receive barrels at the lease tank battery and provide producers with access to downstream markets by designing to provide optionality, reliability, competitive pricing, and timing advantage.
BCC is a joint venture between ConocoPhillips Company ("Conoco") and Frontier. Conoco and Frontier each own a 50% equity interest in BCC, with Frontier serving as operator. BCC is a FERC regulated common carrier pipeline which continues to support multiple producers in the basin.