The Panther team has an extensive history in developing successful midstream pipeline projects for several decades. In 2017, Panther sold most of its subsidiary companies and assets to a public company.
Panther, prior to its sale, owned, operated and/or managed over 1,000 miles of crude oil & gas pipelines. The Panther systems traversed through multiple Gulf Coast onshore and offshore areas.
Panther retained one pipeline system following its 2017 sale. The system runs through Sabine Pass, TX and offshore areas and is often referenced as the Fish Hook System. Panther acquired the system in 2004. The system offers relaible transport services as a high pressure, large diameter (16") pipeline.
The system is being re-purposed to transport substantial volumes of CO2. Panther anticipates the pipeline will transport CO2 from onshore CO2 emitters in Sabine Pass and Port Arthur industrial areas to offshore and onshore CO2 sequestration sites under development in Texas (onshore and offshore waters) and Louisiana onshore areas.
CO2 flow capacity in gas phase is estimated at 3-3.5 million tons annually (mta). The CO2 flow capacity could be increased if the pipeline is operated as a dense phase system (1100+ psig).