2018 Bracewell Permian Pipeline Representations

transport up to 2 billion cubic feet per day of natural gas from the Permian Basin to growing market areas along the Texas Gulf Coast. Bracewell represented Kinder Morgan in the negotiation of the joint venture’s limited liability company agreement, construction management agreement, and operating and maintenance agreement. Bracewell’s representation also included the negotiation of long term transportation services agreements to financially support the project, the negotiation of several capacity lease arrangements, and general regulatory and commercial advice. Permian-Houston-Nederland – Bracewell served as lead project regulatory and commercial counsel for Sunoco Logistics, now part of Energy Transfer Partners, L.P., in the development of the Permian Express 3 pipeline, an expansion of its existing pipeline system transporting crude oil from the Midland, Texas, area to Nederland, Texas, with intermediate origin points and destinations. The Permian Express 3 expansion project is currently in service for its initial phase of approximately 100,000 barrels per day from Midland to Nederland with additional capacity expansions planned. Bracewell secured a favorable declaratory order from FERC, represented the project in drafting and negotiating long term transportation service agreements, and provided regulatory and commercial advice in the open season and declaratory order process. Shin Oak – Bracewell represented Apache Midstream LLC in the execution of long-term agreements with Enterprise Products Partners L.P., committing its Alpine High natural gas liquids production to Enterprise for transportation on the Enterprise Shin Oak Pipeline. Bracewell concurrently represented Altus Midstream, an affiliate of Apache Corporation, on its option from Enterprise for a 33 percent equity stake in the Shin Oak Pipeline. The Shin Oak Pipeline project is currently under development and will provide transportation service from the Waha area in West Texas, to Mont Belvieu. Salt Creek – Apache Midstream LLC and ARM Energy Holdings announced that ARM Energy’s affiliate, Salt Creek Midstream, LLC will develop SCM Alpine, LLC, a 445,000 barrel per day NGL header system. The header system will be comprised of two pipeline segments that originate at both the Salt Creek and Apache processing facilities in southern Reeves County, Texas and interconnect with downstream pipelines, providing shippers with access to Mont Belvieu and Corpus Christi fractionation facilities. Bracewell represented Apache Midstream LLC in the pipeline project, providing regulatory and commercial structuring advice, as well as negotiating Apache Midstream’s option to acquire a 50 percent stake in the project.

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