Velocity Central Oklahoma Pipeline, a subsidiary of Velocity Midstream Partners, will build a crude oil gathering and transportation system for Continental Resources.
The system will support Continental Resources’ development in the South Central Oklahoma Oil Province (SCOOP) play.
Continental Resources is the leading leaseholder in the SCOOP with about 471,000 acres.
Velocity Midstream’s system will collect crude oil from points selected by Continental Resources in Grady, Stephens, Garvin, and McClain counties.
It will provide transportation and interconnections to pipelines with direct access to Cushing.
The crude oil pipeline and terminals, which are currently under construction, are expected to start services in the second quarter of 2015.
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By GlobalDataVelocity Midstream said it is the first phase of its infrastructure development plans to serve important producers involved in the Woodford and Springer shales.
Velocity Midstream Partners chief executive officer Rick Wilkerson said: “We’re very pleased to be working with Continental to launch our SCOOP crude pipeline project. Continental is a highly successful producer with a great track record in discovering and developing these plays.
“Velocity’s experience in developing crude oil pipelines and gathering systems in the Eagle Ford makes Velocity uniquely qualified to construct and operate these systems.”
Velocity Midstream Partners, which was established in 2008, engineers, builds, and operates crude oil and natural gas gathering and transportation solutions.
