Crude Oil Profile
Background Magellan Midstream Partners, L.P. is a publicly traded partnership formed to own, operate and acquire a diversified portfolio of energy assets. We currently have over 1,600 employees working in 24 states. Our assets include over 80 petroleum products terminals, a 9,500-mile refined products pipeline system, 1,600-miles of crude oil pipelines and an 1,100-mile ammonia pipeline system. We are traded on the New York Stock Exchange under the ticker symbol MMP and currently have over 150,000 investors.
Although Magellan Midstream Partners has traditionally focused on the transportation, storage and distribution of refined petroleum products, Magellan has developed a significant presence in the transportation, storage and distribution of crude oil. Of Magellan’s potential expansion projects, we anticipate more than half are related to crude oil.
Asset Portfolio Asset Portfolio
M Maine Montana North Dakota Minnesota VT NH
South Dakota Wisconsin New York MA RI Wyoming CT Michigan
New Haven NJ Pennsylvania Nebraska Iowa Wilmington
Carr Ohio MD Indiana DE Platteville Illinois West Virginia Richmond Colorado Kansas St. Charles Montvale Virginia Missouri Kentucky Roanoke Greensboro (2) Nashville (2) Knoxville (2) Selma Enid NC Pipeline System Tennesse Charlotte (2) Cushing Crude Pipeline Arkansas Chattanooga (2) Spartanburg (2) New Mexico Oklahoma SC Little Rock Doraville (2) Refined Products Pipeline North Augusta (2) Birmingham Atlanta Ammonia Pipeline
Colorado City Alabama Macon Mississippi Georgia Terminals Montgomery Albany Crude Terminal
Texas Refined Products Terminal Crane Marrero Louisiana Barnhart East Houston Marine Terminal Gibson Ammonia Terminal Florida Galena Park
Corpus Christi
Revised November 2015 Corpus Christi Condensate Splitter
• Federal and State air permits for two 50,000 bpd trains were obtained • First train, 50,000 bpd, offtake fully subscribed • Second train, 50,000 bpd, soliciting tolling partners. Could be online by early 2017 Both trains will have: • Access to three deep water ship berths and potential for private dock(s) • 7 cuts with the following products: - Propane - Butane - Light Naptha - Heavy Naptha - Kerosene/Jet - Diesel Fuel - Residual Fuel
Corpus Christi Connections Citgo Equistar Flint Hills Trafigura Valero
Crude Oil Joint Ventures • Seabrook Logistics (Houston, TX) – 700,000 barrels of crude oil storage with access to an existing 45 foot draft dock. Expansion available for an additional 2 million barrels of crude storage and possible pipeline to connect to Magellan’s crude oil Houston Distribution System • BridgeTex Pipeline – Colorado City, TX to Magellan’s East Houston terminal. 410-mile, approximately 300,000 barrel per day pipeline • Osage Pipeline – Cushing, OK to El Dorado, KS. 130-mile, approximately 175,000 barrel per day pipeline • Double Eagle Pipeline – 195-mile, approximately 100,000 barrel per day pipeline from Eagle Ford Shale to Magellan’s Corpus Christi terminal and KMCC Helena Station, expandable to 150,000 barrels per day • Saddlehorn Pipeline – 592-mile, maximum capacity of approximately 475,000 barrel per day pipeline from DJ Basin to Magellan’s and Plains’ Cushing terminals
Carr Magellan’s Crude Oil Pipeline Assets Platte ille • Cushing, OK to Tulsa (Cimarron South) • El Dorado, KS to Cushing (Cimarron North)
• Houston, TX to Texas City (Houston Distribution)
• Pauls Valley, OK to Cushing (Healdton SCOOP) • Midland, TX/Crane/Barnhart to East Houston (Longhorn) Midland and Crane Pipeline Connections: · Plains · Advantage · Oryx (1Q 2016) · Centurion · Truck Offloading · Medallion (1Q 2016) Barnhart Connections Cushing · JP Energy · Truck Offloading · Lucid Energy (1Q 2016) Magellan’s Crude Oil Storage Assets Cushing Crude Oil Storage • Barnhart, TX – 160,000 barrels of storage Cushing Direct • Corpus Christi, TX – currently over 2.9 million barrels of storage, with Connections: land available for expansion for up to 4 private ship docks, 5 million · Blueknight barrels of storage, truck offloading and rail facility · BP-Whiting Shinn Pence • Crane, TX – currently 1.17 million barrels of storage in service with · Centurion · Coffeyville additional 250,000 barrels under construction · Phillips 66 Central Cushing • Cushing, OK – one of the largest Cushing area owners of crude oil · Enbridge storage with over 12 million barrels of tankage at four facilities with · Enterprise interconnectivity between all (Shinn Pence, Central Cushing, South · NGL Energy Cushing and Drumright (not pictured)) · Plains · Rose Rock • East Houston, TX – Magellan East Houston is the location for both Argus’ · Marketlink (in progress) and Platts’ WTI-Houston daily price assessments. Currently 5 million barrels of storage with additional 1.6 million under construction and South Cushing room for an additional 5 million • Enid, OK – currently 55,000 barrels of storage with up to 110,000 additional barrels available • Gibson, LA – 57,500 barrels of storage; crude oil is barged in and shipped out via the Ship Shoal pipeline. Additional 65,000 barrels of storage under construction Houston Connectivity Houston Crude Distribution System
e stone Mar et in Pipeline
Magellan Longhorn oore hell o o Pipeline Pipeline Ro d
Brid e e Pipeline hell o o Pipeline M Cr de Pipeline MMP East Houston Pipeline
R i i i est Col ia Pipeline o o
i i MMP Galena ermi e Park Terminal ermi
Pipeline ouston Ship Channel
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Speed Deer Park Junction Junction
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est Col ia Pipeline est Sea rook ebs er ogistics io enesis
ro nterprise at eal er inal Genoa er rise ermi Junction nterprise Pipeline
r o ves o r o ero e e s Sea roo Re i er Re i er Re i er i ermi ogistics Crude Oil Asset Portfolio Magellan’s Crude Oil Assets Legend Carr Crude Oil Terminal DJ Basin Magellan Crude Oil Pipeline Platteville BridgeTex (50% Ownership)
Double Eagle (50% Ownership) El Dorado Osage Pipeline (50% Ownership)
Saddlehorn Pipeline (40% Ownership) Enid Tulsa Cushing Production Basin
Permian Colorado City Crane
Barnhart East Houston Gibson Galena Park
Eagle Ford Corpus Christi
Robb Barnes Senior Vice President Crude Oil 918-574-7704 [email protected] Michael Aaronson Melanie Little Vice President Crude Oil Business Development Vice President Crude Oil Transportation & Storage 918-574-7736 918-574-7306 [email protected] [email protected]
Mark Daggett Scott Devers Director Crude Oil Business Development Director Crude Oil Transportation & Storage 918-574-7022 918-574-7412 [email protected] [email protected]
Chris Nalley Christina Payne Director Crude Oil Business Development Director Crude Oil Transportation & Storage 918-574-7710 918-574-7881 [email protected] [email protected]
David Biggs Tony Bogle Commercial and Project Manager, Kansas and Oklahoma Manager Commercial Development, Corpus Christi 918-574-7406 918-574-7738 [email protected] [email protected]
Keith Faucett Brett Hunter Commercial and Project Manager, Saddlehorn Pipeline Manager Commercial Development, Houston Area 918-574-7911 918-574-7477 [email protected] [email protected]
Mark Lassman Fawn McWilliams Manager Crude Oil Business Development Supervisor Joint Ventures 918-574-7977 918-574-7638 [email protected] [email protected]
JoeBill Rehder Manager Commercial Development, Texas & Louisiana 918-574-7563 [email protected]