Energy News Today

Energy Transfer names new pipeline link after Ted Collins

Late Midlander was member of Energy Transfer board

Photo of Mella McEwen

July 10, 2022

Energy Transfer’s Nederland terminal. A new link between the company’s Nederland and Houston terminals has been named after late Midland oilman Ted Collins.

Courtesy Energy Transfer

Longtime Midland oilman Ted Collins, who passed away in early 2018, was frequently honored for his work in developing Permian Basin oil and gas reserves and his contributions to the industry.

Now his legacy lives on with the completion of Energy Transfer Partner’s Ted Collins Link, which connects the company’s Nederland and Houston terminals. Collins was a close friend of Energy Transfer’s executive chairman, Kelcy Warren, and served on Energy Transfer’s board of directors.

The Ted Collins Link significantly increases the utilization of Energy Transfer’s existing assets by repurposing its Eaglebine Pipeline, which previously brought barrels out of the Permian Basin, and provides market connectivity between the Nederland and Houston terminals. It will ultimately allow Energy Transfer to transport up to 275,000 barrels a day of crude oil from West Texas and Nederland to its Houston terminal.

Collins followed his father – a successful oil man and wildcatter famed for taking the first lease ever recorded in Lea County, New Mexico – into the oil business, earning a degree in geological engineering from the University of Oklahoma. He began his career with Pan American Petroleum before becoming an independent at the age of 26. Among the companies he and partners formed were American Quasar Petroleum, HNG Oil, which ultimately became today’s EOG Resources, and Collins and Ware.

Read More: Energy Transfer names new pipeline link after Ted Collins

2022-07-10 20:05:04

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