Double Eagle Pipeline Announces Expansion to Allow More Eagle Ford Shale Crude and Condensate to Move to Houston Ship Channel

HOUSTON & TULSA--(BUSINESS WIRE)--Kinder Morgan Crude and Condensate LLC (KMCC) and Double Eagle Pipeline LLC, a 50/50 joint venture between Magellan Midstream Partners, L.P. (NYSE: MMP) and Kinder Morgan Energy Partners, L.P. (NYSE: KMP), today announced that they have entered into a long-term agreement with Anadarko Petroleum Corporation (NYSE: APC) to transport Eagle Ford Shale production from Gardendale, Texas, in LaSalle County, to the Houston Ship Channel via the KMCC Pipeline. Double Eagle will construct 160,000 barrels of storage capacity and a pump station at Gardendale in addition to building an approximately 10-mile pipeline to connect the Double Eagle Pipeline and the KMCC Pipeline in Karnes County, Texas. Double Eagle will transport product from its new Gardendale station to the KMCC Helena station in Karnes County. KMCC will construct 240,000 barrels of storage at its Helena Station to move crude and condensate from the Double Eagle Pipeline to the KMCC delivery points. Double Eagle and KMCC expect to complete construction of these facilities in early 2015 to move production to the Houston Ship Channel.