Project Overview

  • Estimated cost: about $900 million
  • The current project design consists of approximately 440 miles of 20-inch pipeline capable of transporting up to 200,000 barrels per day of domestic sweet crude oil from Cushing, Okla. to Memphis, Tenn.
  • The pipeline is designed to transport domestic sweet crude oil grades produced in the Permian Basin, Bakken and Mid-Continent regions
  • The Valero Memphis Refinery is a sweet crude refinery

Economic Impact

  • Construction – more than 2,000 new contract construction positions have been created across Oklahoma and Arkansas
  • Full-time – an estimated 15 permanent jobs at locations along the route once the Diamond Pipeline is completed
  • Approximately $11 million per year in property tax revenue for communities along the route of the pipeline

Anticipated Timing

  • 2016 – engineering plans finalized, permits and right-of-way acquisition complete, clearing and construction commences
  • 2017 – construction complete