Edgewater Midstream LLC has announced its acquisition of the Sinco Pipeline and Colex Terminals from Shell USA, enhancing its logistics capabilities in the Houston refining corridor.

Target Information

Edgewater Midstream LLC is poised to significantly expand its operations by acquiring the Sinco Pipeline system and the Colex East and Colex West Terminals from Shell USA, Inc. This strategic acquisition places Edgewater at the heart of the Houston refining corridor, which is a critical area for refined products logistics and distribution. The Sinco Pipeline system, comprised of a network of interlinked intrastate refined products pipelines, connects directly to the Deer Park Refinery Complex, facilitating efficient transport of essential oil products. The Colex terminals boast a storage capacity of approximately 3 million barrels of motor fuels and offer essential connections to major U.S. pipelines, enhancing both logistics and operational capabilities for Edgwater and its clients.

With this acquisition, Edgewater aims to bolster its services, enhance market connectivity, and provide exceptional logistical options for refiners, producers, and traders of crude oil and refined products along the Gulf Coast. The importance of these assets is underscored by their strategic location and capacity, enabling Edgewater to tap into the largest refined products network in the country.

Industry Overview

The refined products logistics sector in the United States, specifically within the Houston metropolitan area, is a vital segment of the energy industry, given the city's status as a leading refining hub. Houston’s infrastructure facilitates the transport of refined products