HOUSTON and OKLAHOMA CITY, Feb. 3, 2014 - PRNewswire - Enable Midstream Partners, LP (Enable Midstream) announced today that Enable Bakken Crude Services, LLC (EBCS), an indirect, wholly-owned subsidiary of Enable Midstream has commenced a binding open season to gauge market interest in producers making long-term commitments for a new crude oil gathering and transportation pipeline system in the Bakken Shale play in North Dakota.
The system will gather crude oil from points located in North Dakota's Montrail and Williams Counties, and transport it to interconnections with downstream pipelines. The open season provides potential shippers with the opportunity to make long-term acreage dedications for crude oil gathering and transportation service over the system.
Written indications of interest should be received by 5 p.m. central time on March 5, 2014. For questions, please email or call Caleb Johnson at 918-382-5105 or firstname.lastname@example.org.
Enable Midstream is a joint venture formed in May 2013 that includes CenterPoint Energy, Inc. (NYSE: CNP) interstate pipelines and field services businesses and the midstream business of Enogex LLC, a previous subsidiary of OGE Energy Corp. (NYSE: OGE). It is managed by a general partner whose governance is shared by CenterPoint Energy and OGE on a 50/50 basis.
Enable Midstream owns, operates and develops strategically located natural gas and crude oil infrastructure assets. Its assets include approximately 11,000 miles of gathering pipelines, 11 major processing plants with approximately 1.9 billion cubic feet per day of processing capacity, approximately 7,800 miles of interstate pipelines (including Southeast Supply Header, LLC), approximately 2,300 miles of intrastate pipelines and eight storage facilities comprising 86.5 billion cubic feet of storage capacity. More information can be found at EnableMidstream.com.
CenterPoint Energy, Inc., headquartered in Houston, Texas, is a domestic energy delivery company that includes electric transmission & distribution, natural gas distribution and competitive natural gas sales and services operations. CenterPoint Energy owns a 58.3 percent limited partner interest in Enable Midstream and a 50 percent management interest in the general partner of Enable Midstream.
OGE Energy Corp. is the parent company of Oklahoma Gas & Electric, a regulated electric utility with approximately 805,000 customers in Oklahoma and western Arkansas. OGE Energy owns a 28.5 percent limited partner interest in Enable Midstream and a 50 percent management interest in the general partner of Enable Midstream.