Tanks & Terminals

CP Energy recently took steps to increase its delivery, blending and tank capacity at Cushing, Oklahoma, by partnering with Barcas Pipeline Ventures, LLC (BPV), which constructed a 700,000 barrel crude oil tank farm on 10 acres at Cushing. The tanks were completed early 2016. The project, which includes four separate 175,000 barrel tanks and multiple truck unloading stations, also allows direct access to several key terminals at Cushing, as well as indirect access to other major company terminals and interconnects, including TransCanada (Market Link).

This venture partners CP Energy with BPV, a company known for its depth of midstream and upstream experience, from crude oil tanks and related gathering, transport and marketing services to the drilling and production segments of the energy industry. BPV previously constructed and operated a 4,250,000 barrel, 70-acre tank farm at Cushing in partnership with Magellan Crude Oil. You can read more about Barcas Pipeline Ventures at http://barcasllc.com/.