Tulsa, United States
Explorer Pipeline is a leading player in the Transportation and Oil and Gas industries, with its headquarters based in United States. Established in 1970, the company has grown to become one of the most advanced petroleum products pipelines globally. Boasting an 1880-mile system, it is the second largest transporter of liquid petroleum products in the United States. The products, which move at about six miles per hour or 15,000 gallons per minute, traverse from the Gulf Coast refineries and impact facilities in Louisiana and Texas to destinations such as Houston, Dallas, Fort Worth, Tulsa, St. Louis, and Chicago. A testament to its efficiency is that the trip to Chicago takes around 15 days, and the cost is an economical $0.03 per gallon, a compelling proposition for its more than 60 different shippers who utilize the pipeline to transport over 72 different products.
Key to Explorer Pipeline's success also lies in its unwavering commitment to safety, prompting its claim to being 1,000 times safer than truck transportation. Furthermore, the company places a strong emphasis on valuing its employees and adheres to core values such as doing the right thing, being a good neighbor, serving and valuing customers, respecting and recognizing contributions, and meeting or exceeding all regulatory standards.
The most recent investment in Explorer Pipeline was a funding round on 25 July 2016, with Phillips 66 Partners being the investor, consolidating its position and potential for further growth and expansion.
