Profile: Tesoro Logistics LP (TLLP.K)
22 May 2015
Tesoro Logistics LP (TLLP), incorporated on December 3, 2010, owns, operates, develops and acquires crude oil and refined products logistics assets. The Company’s logistics assets are integral to the success of Tesoro’s refining and marketing operations and are used to gather crude oil and to distribute, transport and store crude oil and refined products. Its assets are categorized into a Crude Oil Gathering segment and a Terminalling and Transportation segment. Its Crude Oil Gathering segment consists of a crude oil gathering system (the High Plains System) in the Bakken Shale/Williston Basin area of North Dakota and Montana (the Bakken Region). Its Terminalling and Transportation segment consists of a regulated common carrier products pipeline running from Salt Lake City, Utah to Spokane, Washington and a jet fuel pipeline to the Salt Lake City International Airport.
Crude Oil Gathering
The Company’s High Plains System consists of crude oil pipelines and trucking operations in the Bakken Region. It owns and operates a common carrier crude oil gathering and transportation system consisting of approximately 700 miles of common carrier pipeline in North Dakota and Montana. It also own a storage facility near the High Plains Pipeline’s Ramberg station in North Dakota (the Bakken Area Storage Hub) which provides the customers access to and from multiple pipelines and rail loading facilities in the area. As part of its High Plains System, it owns and operates a truck-based crude oil gathering operation.
Terminalling and Transportation
The Company’s Northwest Products Pipeline, which includes a regulated common carrier products pipeline running from Salt Lake City, Utah to Spokane, Washington and a jet fuel pipeline to the Salt Lake City International Airport. The Terminalling and Transportation segment projects are Southern California distribution system construction and optimization project.
Tesoro Logistics LP
19100 Ridgewood Pkwy
SAN ANTONIO TX 78259-1834