Caliche Development starts up ethylene storage service in Texas
Published by Alex Hithersay,
Caliche Development Partners, a Houston, Texas, US-based company focused on the development, construction, and operation of subsurface hydrocarbon storage assets and related pipelines in North America, has announced that its first NGLs storage project in Beaumont, Texas is officially in service.
This milestone follows a detailed commissioning effort, providing safe and on-specification handling and storage of ethylene from Caliche’s initial pipeline connection.
The project’s cavern allows for storage of up to 600 million lbs of ethylene and connects to a 12.8-mile header system crossing five operating ethylene pipelines, two more of which will be connected to the facility before the year’s end. This announcement follows drilling completion of a planned, 5 million bbls cavern for ethane storage. Caliche expects to provide up to 120 000 bpd of ethane deliverability, as well as a 12-mile ethane header mirroring the path of Caliche’s ethylene system. By the end of 2019, the ethane header will cross five ethane pipelines connecting more than 50% of Gulf Coast ethane consumption with the Mont Belvieu NGL complex.
Additionally, Caliche has begun drilling a planned 3 million bbls cavern for other NGL storage with up to another 120 000 bpd of deliverability.
When fully developed, Caliche Coastal will provide up to 32 million bbls of purpose-built, salt cavern storage facilities.
Read the article online at: https://www.hydrocarbonengineering.com/tanks-terminals/09112018/caliche-development-starts-up-ethylene-storage-service-in-texas/
You might also like
Wood Mackenzie discusses the implications of recent OPEC+ meeting
The decision by OPEC+ to extend current production cuts, and an additional voluntary 1 million bpd reduction from Saudi Arabia in July 2023, should provide support for prices during the rest of 2023, according to Wood Mackenzie.