Stabilization Units

Although the current narrow price differentials between U.S. domestic crude (including Eagle Ford condensate) and international market prices suggest no flood of exports is likely in the short term, the considerable existing marine dock capacity at Corpus is already capable of shipping out over 750 Mb/d of crude and condensate and is still expanding. That could make Corpus a major center of crude exports going forward. Today we conclude our series with a look at infrastructure in the Ingleside area of Corpus Christi and preview our final Drill Down report for 2015 that provides deeper analysis and commentary on Corpus Christi infrastructure.

In the new world where unencumbered crude exports are permitted, Corpus Christi holds a lot of strong cards as a major hub for shipping crude oil and lease condensate to international markets. Crude and condensate shipments out of Corpus have gone through the roof since 2012 as production in the close-by Eagle Ford soared. Pipelines offer producers direct routes to marine docks that currently ship crude to domestic refineries but could just as easily serve international customers. Today, we continue our look at Corpus’s emerging role as a crude oil/condensate hub with a review of existing and planned storage and marine dock facilities.