trending Market Intelligence /marketintelligence/en/news-insights/trending/u4D7RQ_wsD4O1geHZnEwTA2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Epic to construct 2nd fractionator at Texas complex

European Energy Insights July 2020

As COVID-19 Wears On, Regulators Examine Moratorium Extensions, Cost Recovery

Essential Energy Insights - June 11, 2020

Webinar Replay

Deep Dive on Oil & Gas for Financial Institutions


Epic to construct 2nd fractionator at Texas complex

Epic Y-Grade LP plans to build a second 110,000-barrel-per-day greenfield fractionator at its complex located in Robstown, Texas, effectively boosting its fractionation capacity to 270,000 barrels per day.

The partnership's complex currently has an operational fractionation capacity of 170,000 bbl/d and the first greenfield fractionator is still being constructed, according to a Dec. 12 news release. Epic Y-Grade reached a final investment decision on the second fractionator after obtaining fixed-fee multiyear supply contracts with gathering and processing companies in the Permian Basin.

Epic Y-Grade will fund the project through its existing term loan B, which has been upsized by $150 million. The upsize brings Epic's total borrowing base to $950 million.

Epic Midstream LLC's Epic Y-Grade was formed to build and operate the Epic Y-Grade pipeline, a 700-mile, 24-inch NGL pipeline connecting reserves in the Permian and Eagle Ford basins to refiners, petrochemical companies and export markets in the Gulf Coast. The partnership is supported by capital commitments from funds managed by the private equity group of Ares Management Corp. and equity ownership by Noble Midstream Partners LP and Salt Creek Midstream LLC.