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Holly Energy Partners
2828 N. Harwood, Suite 1300 , Dallas, Texas, United States

Memberships : NA
Industry : Oil & Gas
Basic Member
Since May, 2019
About Company

Holly Energy Partners, L.P. ("HEP") is a Delaware limited partnership formed in early 2004 by HollyFrontier and is headquartered in Dallas, Texas. HEP provides petroleum product and crude oil transportation, terminalling, storage and throughput services to the petroleum industry, including HollyFrontier Corporation subsidiaries. The Partnership, through its subsidiaries and joint ventures, owns and/or operates petroleum product and crude gathering pipelines, tankage and terminals in Texas, New Mexico, Arizona, Washington, Idaho, Oklahoma, Utah, Nevada, Wyoming and Kansas as well as refinery processing units in Kansas and Utah.

Business Highlights:

  • Our assets are located in attractive high-growth markets
  • Revenues are mainly fee based revenues with limited commodity risk
  • A substantial part of our business operates under long-term contracts with minimum volume commitments
  • Track record of increasing the quarterly distribution every quarter since our initial public offering in 2004
  • Strategic relationship with HollyFrontier
  • Experienced management team with a proven track record

Pipelines

Our refined product pipeline system transports light refined products from HollyFrontiers Southwest and Rocky Mountain refineries and Alons Big Spring refinery in Texas to their customers in the metropolitan and rural areas of Texas, New Mexico, Arizona, Utah, Oklahoma, northern Mexico, southern Utah and Las Vegas and Nevada. Refined products transported in these pipelines include conventional gasolines, federal, state and local specification reformulated gasoline, low-octane gasoline for oxygenate blending, distillates that include high- and low-sulfur diesel and jet fuel and LPGs (such as propane, butane and isobutane).  Our intermediate product pipelines consist of five intermediate product pipelines that connect HFCs Tulsa East and West refinery facilities and two 65 mile pipelines that transport intermediate feedstocks and crude oil from HFCs Navajo refinery facilities in Lovington, New Mexico to its refinery facilities in Artesia, New Mexico.  Our crude pipelines consist of crude oil trunk, gathering and connection pipelines located in west Texas and New Mexico that deliver crude oil to HFCs Navajo and El Dorado refineries. In addition, HEP owns an interest in several crude pipelines that supply crude oil to HFCs Woods Cross and El Dorado Refineries.  Our pipelines are regularly inspected and well maintained. Generally, other than as provided in the pipelines and terminal agreements with HollyFrontier and Alon, substantially all of our pipelines are unrestricted as to the direction in which product flows and the types of refined products that we can transport on them. The Federal Energy Regulatory Commission ("FERC") regulates the transportation tariffs for interstate shipments on our refined product pipelines and state regulatory agencies regulate the transportation tariffs for intrastate shipments on our pipelines.

Our pipeline assets include:

  • approximately 810 miles of refined product pipelines, including 340 miles of leased pipelines, that transport gasoline, diesel and jet fuel principally from HFCs Navajo refinery in New Mexico to its customers in the metropolitan and rural areas of Texas, New Mexico,
  • Arizona, Utah and northern Mexico;
    approximately 510 miles of refined product pipelines that transport refined products from Alons Big Spring refinery in Texas to its customers in Texas and Oklahoma;
  • two 65-mile intermediate pipelines that transport intermediate feedstocks and crude oil from HFC Navajo refinery crude oil distillation and vacuum facilities in Lovington, New Mexico to its petroleum refinery facilities in Artesia, New Mexico;
  • one 65-mile pipeline that is used for the shipment of crude oil from the gathering systems in Barnsdall and Beeson, New Mexico to the Navajo refinery Artesia and Lovington facilities;
  • approximately 940 miles of crude oil trunk, gathering and connection pipelines located in West Texas, New Mexico and Oklahoma that primarily deliver crude oil to HFCs Navajo refinery;
  • approximately 8 miles of refined product pipelines that support HFCs Woods Cross refinery located near Salt Lake City, Utah;
    gasoline and diesel connecting pipelines located at HFCs Tulsa East refinery facility;
  • five intermediate product and gas pipelines between HFCs Tulsa East and West refinery facilities;
    crude receiving assets located at HFCs Cheyenne refinery;
  • a 75% interest in the UNEV Pipeline, a 427-mile, 12-inch refined products pipeline running from Woods Cross, Utah to Las Vegas, Nevada;
  • 50% joint venture interest in Cheyenne Pipeline LLC – the owner of an 87-mile crude oil pipeline from Fort Laramie, Wyoming to Cheyenne, Wyoming; and
  • a 50% interest in the Osage Pipeline, a 135-mile crude oil pipeline running from Cushing, Oklahoma to El Dorado, Kansas

Our refined product terminal and refinery onsite storage locations and capacities include:

  • three refined product terminals located in Moriarty and Bloomfield, New Mexico; and Tucson, Arizona, with an aggregate capacity of approximately 600,000 barrels, that are integrated with our refined product pipeline system that serves HFCs Navajo refinery;
  • one refined product terminal located in Spokane, Washington, with a capacity of approximately 400,000 barrels, that serves third-party common carrier pipelines;
  • one refined product terminal near Mountain Home, Idaho with a capacity of approximately 120,000 barrels, that serves a nearby United States Air Force Base;
  • two refined product terminals, located in Wichita Falls and Abilene, Texas, and one tank farm in Orla, Texas with aggregate capacity of approximately 500,000 barrels, that are integrated with our refined product pipelines that serve Alons Big Spring refinery;
  • a refined product loading rack facility at each of HFCs refineries, heavy product / asphalt loading rack facilities at HFCs Navajo refinery Lovington facility, Tulsa refinery East facility and the Cheyenne refinery, liquefied petroleum gas (“LPG”) loading rack facilities at HFCs Tulsa refinery West facility, Cheyenne refinery and El Dorado refinery, lube oil loading racks at HFC Tulsa refinery West facility and crude oil Leased Automatic Custody Transfer (“LACT”) units located at HFCs Cheyenne refinery;
  • on-site crude oil tankage at HF Navajo, Woods Cross, Tulsa, and Cheyenne refineries having an aggregate storage capacity of approximately 1,350,000 barrels;
  • on-site refined and intermediate product tankage at HFCs Tulsa, Cheyenne and El Dorado refineries having an aggregate storage capacity of approximately 8,800,000 barrels;
  • eleven crude oil tanks adjacent to HFCs El Dorado refinery with a capacity of approximately 1,200,000 barrels, that primarily serve the HFC El Dorado refinery; and
  • a 75% interest in UNEV Pipelines product terminals near Cedar City, Utah and Las Vegas, Nevada with an aggregate capacity of approximately 615,000 barrels.
Company NameHolly Energy Partners
Business CategoryOil & Gas
Address2828 N. Harwood
Suite 1300
Dallas
Texas
United States
ZIP: 75201
PresidentGeorge J. Damiris
Year Established2004
EmployeesNA
MembershipsNA
Hours of OperationNA
Company Services
  • Petroleum Product And Crude Oil Transportation
  • Petroleum Product And Crude Oil Terminalling
  • Petroleum Product And Crude Oi Lstorage
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