Paradigm Midstream is planning a 70-mile, 12-inch pipeline that will move as much as 120,000 b/d out of McKenzie and Dunn counties to various receipt points. [Read more...]
Bakken Pipeline & Midstream News
Moving crude oil by rail is here to stay for the foreseeable future. That was the message delivered multiple times at Bentek’s annual Benposium conference in Houston.
Wide spreads in WTI and waterborne oil prices have made rail receipts attractive on the East and West Coasts. Once oil is committed to rail, it’s there to stay. [Read more...]
Ground has been broken at the site of the Thunder Butte Petroleum Services Refinery southwest of Minot, ND. Three affiliated Indian tribes have joined together for the $450 million project that will be constructed on a 476-acre site. [Read more...]
Tesoro and Savage Companies plan to build a 120,000 b/d crude-by-rail unloading and marine loading facility in Vancouver, Washington. The facility will be a likely destination for crude from Western Canada and the Bakken. the marine loading facility will provide access to multiple refineries along the West Coast.
The facility is expected to cost between $75 and $100 million, with an in service date of some time in 2014. Initial capacity will be 120,000 b/d, with expansion capability up to 280,000 b/d. Approximately 40,0000 b/d of Bakken crude is already moving to refineries in Washington. [Read more...]
Continental has signed an agreement with PBF Energy to supply Bakken crude oil to Delaware City, DE.
Oil will be delivered to PBF Energy’s double loop track at its Delaware City Refinery. Over the past year, Continental has moved crude to the West, East, and Gulf Coasts by rail to maximize crude oil price realizations. Areas paying international crude prices offer between a $10-15 premium over markets reflecting WTI prices. [Read more...]
Dakota Plains has started construction on the Pioneer Project. The expansion of the New Town rail facility will increase throughput capacity from 30,000 b/d to 80,000 b/d.
Once complete, the facility will include: [Read more...]
Oneok Partners recently announced the opening of two major growth projects in the Bakken. As of April 9, 2013, both the Bakken NGL Pipeline and the Stateline II natural gas processing plant are running. When fully complete, the projects will account for as much as $800 million in investments.
The opening follows a recent announcement of plans to build a $325-360 million Garden Creek III plant. You can read more about the latest expansion in the article Oneok’s Bakken Processing Expanding Through Garden Creek III [Read more...]
CenterPoint Energy has signed a long-term agreement to gather crude oil production for Exxon’s XTO Energy subsidiary in Dunn and McKenzie counties. The system will include a 14-mile, 8-inch mainline, with 3-inch to 6-inch gathering lines. Total design capacity will be 19,500 b/d. [Read more...]
Hiland Partners is planning a new Bakken pipeline from Dore, ND, to Guernsey, WY. The Double H Pipeline will connect with the Pony Express Pipeline in Guernsey and crude will ultimately be moved to Cushing, Oklahoma.
The ~460-mile, 50,000 b/d pipeline has an estimated price tag of $300 million. The 12-inch line will have the ability to expand to 100,000 b/d if needed. [Read more...]
Enserco Midstream plans a new crude oil trans-loading facility in Douglas, WY. The Douglas Rail Terminal will have loading capacity of 60,000 b/d, initially, with the potential to expand to 120,000 b/d. [Read more...]