Two new projects to enhance the local Permian crude gathering and trunk line infrastructure were announced earlier this week, which could help bolster Permian crude prices by expanding takeaway capacity. Oryx Midstream Services II on Wednesday launched a binding open season to secure shippers to “support the proposed construction and development of new crude oil transportation movements on its regional crude oil transportation system serving the liquids-rich Delaware Basin in Texas and New Mexico,” the company said in a statement. The binding open season began April 17 and is scheduled to conclude at 5 pm CDT on May 31, 2019. The pipeline will provide a connection from Orxy’s Crane, Texas terminal to the Gray Oak Pipeline expected to be in service in the fourth quarter of 2019. The new-build Gray Oak will carry 900,000 b/d […]