Terminalling and storage facilities complement the crude oil pipeline gathering and transportation systems. Terminals are facilities where crude oil is transferred to or from storage or a transportation system, such as a gathering system, to another transportation system, such as trucks or pipelines. Terminals play a key role in moving crude oil to end-users by providing important services: storage and inventory management, distribution and blending to achieve specified grades of crude oil.

SemGroup Energy Partners owns and operates approximately 6.7 million barrels of above-ground crude oil terminalling facilities and storage tanks in the Mid-Continent region of the United States. These assets provide our customers the ability to effectively manage their crude oil inventories and add significant flexibility to their marketing and operating activities. Our crude oil terminals and storage assets receive crude oil products from pipelines and distribute them to interstate common carrier pipelines, regional independent refiners and other third parties.

Cushing Terminal

Of our storage capacity, approximately 4.8 million barrels are located within the Cushing Interchange, one of the largest crude oil marketing hubs in the nation and the designated delivery point specified in all NYMEX crude oil futures contracts. SemGroup Energy Partners is the fourth largest operator within the Cushing Interchange, with an estimated 15 percent of the total storage capacity there. We have access and connectivity to all the terminals located at Cushing, providing us the ability to deliver to virtually any customer within the Interchange. We can deliver up to 8 million barrels per month at Cushing.

Longview Terminal

We own and operate an additional 430,000 barrels of storage capacity in Longview, Texas. This terminal is connected to our Longview gathering and transportation pipeline.