OKLAHOMA CITY--(BUSINESS WIRE)--Tall Oak Midstream II, LLC and its affiliates and subsidiaries (collectively, “Tall Oak”) announced today that it commenced a non-binding open season for its TOM Midcon Transport residue gas pipeline project. The open season will begin at 9 a.m. CST on April 6, 2017, and will conclude at 3 p.m. CST on April 20, 2017.
The non-binding open season solicits commitments for firm transportation capacity from Tall Oak’s Carmen Plant in Alfalfa County, Oklahoma, to deliveries at the Canadian-Blackwell CDP on Southern Star Central Gas Pipeline, Inc. The Carmen Plant is currently connected to Panhandle Eastern Pipe Line Company and ONEOK Gas Transportation, LLC for residue gas deliveries. Tall Oak’s customers have requested additional residue gas takeaway capacity and market flexibility through a proposed interconnect with Southern Star Central Gas Pipeline.
The preliminary scope of the project consists of approximately eight miles of 12-inch or 16-inch pipeline to the point of interconnect. Following the open season, Tall Oak will refine the preliminary scope of the project with a project design that is capable of accommodating the level of shipper nominations received in this open season. Shippers that submit shipper nomination forms through this open season are expected to execute binding precedent agreements following the completion of the refined project design, which is expected before April 30, 2017.
“Tall Oak’s track record of responsiveness with economic solutions that meet the most rigorous safety standards is already well established,” said Tall Oak President and CEO Ryan Lewellyn. “This project follows that record and addresses the increasing demand among shippers for market flexibility in the Mid-Continent.”
Shippers interested in participating in this open season, may obtain more information at talloakmidstream.com/operations or by contacting:
- Blake Burger, Director Commercial Development, 405-888-5585, firstname.lastname@example.org
- Miranda Davis, Manager Gas Scheduling and Contract Administration, 405-888-5585, email@example.com
The open season notice is available here.
About Tall Oak Midstream II
Based in Oklahoma City, Tall Oak Midstream II, LLC is an innovative midstream company led by its four founders: Ryan D. Lewellyn, CEO; Max J. Myers, CFO; Carlos P. Evans, CCO; and Lindel R. Larison, COO. Tall Oak is dedicated to bringing a fresh perspective to serving oil and gas producers with a full suite of midstream services. Core capabilities include natural gas gathering, compression, treating and processing; crude oil gathering and transportation; condensate and water handling; and product marketing solutions. Tall Oak Midstream is supported by equity commitments from EnCap Flatrock Midstream. www.talloakmidstream.com
About EnCap Flatrock Midstream
EnCap Flatrock Midstream provides value-added private equity capital to proven management teams focused on midstream infrastructure opportunities across North America. The firm was formed in 2008 by a partnership between EnCap Investments L.P. and Flatrock Energy Advisors. Based in San Antonio with offices in Oklahoma City and Houston, EnCap Flatrock is led by its three founders Managing Partners William D. Waldrip, Dennis F. Jaggi and William R. Lemmons Jr., Managing Partners Gregory C. King and Dave Kurtz, and Partner Dennis J. McCanless. The firm manages investment commitments of nearly $6 billion from a broad group of institutional investors. EnCap Flatrock is currently making commitments to new management teams from EFM Fund III, a $3 billion fund. www.efmidstream.com