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United States. Federal Energy Regulatory Commission

Federal Energy Regulatory Commission Approves Midship Pipeline Company's Rate Agreement

Strategic Insights

— 1 min read

The Federal Energy Regulatory Commission (FERC) has issued a delegated order, effective July 1, 2025, approving the tariff records of Midship Pipeline Company, LLC, which reflect a non-conforming negotiated rate agreement with ConocoPhillips Company. The agreement was filed on June 30, 2025, and was publicly noticed. The Commission granted a waiver of the 30-day notice requirement due to the acquisition of Marathon Oil Company by ConocoPhillips. The order notes that the acceptance of the tariff records is without prejudice to any findings or orders that may be made by the Commission in any proceeding.

Key Takeaways:

  • The Federal Energy Regulatory Commission has approved the tariff records of Midship Pipeline Company, LLC, which reflect a non-conforming negotiated rate agreement with ConocoPhillips Company.
  • The agreement was filed on June 30, 2025, and was publicly noticed.
  • The Commission granted a waiver of the 30-day notice requirement due to the acquisition of Marathon Oil Company by ConocoPhillips.
  • The order notes that the acceptance of the tariff records is without prejudice to any findings or orders that may be made by the Commission in any proceeding.
  • All timely-filed motions to intervene and notices of intervention are granted pursuant to Rule 214 of the Commission's regulations.
  • The order constitutes final agency action and may be reheard by the Commission within 30 days of the date of issuance.

Statistics:

  • The tariff records were accepted effective July 1, 2025.
  • The FERC granted a waiver of the 30-day notice requirement.
  • ConocoPhillips Company is a party to the non-conforming negotiated rate agreement.
  • Marathon Oil Company was acquired by ConocoPhillips.
  • No protests or adverse comments were filed in response to the filing.
  • The order is final and may be reheard within 30 days.

Sources:

1. Federal Energy Regulatory Commission (2025). Delegated Order, FERC Docket No. RP25-988-000.

2. Midship Pipeline Company, LLC (2025). Filing of tariff records.

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