Beta Crude Connector

The Beta Crude Connector, LLC ("BCC") system provides crude oil gathering and transportation services in the Midland Basin across Martin, Midland, Ector and Andrews counties in Texas. The BCC gathering and transportation system supports the continued growth in midstream demand from drilling activity in the Midland Basin.

The BCC system consists of approximately 100 miles of crude oil transportation pipeline and approximately 200,000 barrels of operational storage in the Midland Basin of West Texas. The pipeline has the capacity to deliver approximately 150,000 barrels per day of crude oil to multiple delivery points, accessing local refineries and connecting to multiple downstream pipelines.

Tying producer volume directly into multiple refinery markets and the rapidly growing Gulf Coast export markets, BCC provides customers with a reliable system with the optionality to get barrels off of trucks, receive barrels at the lease tank battery and provide producers with access to downstream markets by providing optionality, reliability, competitive pricing and timing advantage.

Through its subsidiary, ConocoPhillips owns 100% interest in Beta Holding Company, LLC, and its subsidiary, Beta Crude Connector, LLC (BCC), which owns the BCC pipeline and two 100,000 BBL storage tanks in Midland, Texas, adjacent to ConocoPhillips producing assets. BCC is a FERC regulated common carrier pipeline supporting multiple producers in the basin.