Saturday, April 7, 2012

Update: Three New Refineries in North Dakota

Updates

June 29, 2012: Stark County approves rezoning for the new Dickinson refinery

Original Post
Link here to Bismarck Tribune.

North Dakota consumes 1.5 million gallons of diesel/day; up 70 percent in past five years -- not just oil industry, but farming industry.

Data points:

Three Affilitated Tribes oil refinery
  • June 1, 2012, update here
  • on the Fort Berthold reservation
  • --> diesel
  • 15,000 bbl/day
  • it actually has a permit....from.... the ....drum roll ... EPA
  • furthest along of the three proposed refineries
  • it has been "in the works" for eight (8) years
  • [way down in the article, this little, "oh by the way" -- waiting for final clearance from the EPA -- who wudda thought? it turns out some of the local residents appealed the EPA permit when the tribe changed source of oil from Canadian oil to Bakken oil;  permit is now being re-evaluated; don't hold your breath]
  • financing to pay over 20 years; now asking whether it will be a "money maker" -- after eight years of working on this -- I guess it's as good a time as ever to ask whether the refinery will make money
Dakota Oil Processing
  • Website here; includes a Fact Sheet; suggests breaking ground in 2012; operational late 2013;
  • --> diesel
  • 20,000 bbl/day
  • near Trenton, southwest of Williston
  • a close second to TAT oil refinery; has air quality permit from health department [with the TAT permit held up by appeal, DOP may be first of the three]
  • needs water treatment permit
  • hopes to break ground this summer; be on line by end of next year (2013)
  • $200 million project
  • 100 workers to build it; 40 - 50 temporary housing units
WBI Energy: MDU Resources/Calument Refining joint venture
  • update, June 28, 2016: $430 million; way over budget; MDU buys Calumet's 50% stake on June 27, 2016, and then announces sale of entire refinery to Tesoro on June 28, 2016; sold for $10 million cash and transferring $66 million in debt 
  • update, June 29, 2012: zoning approved; 274 acres; $325 million; 100 employees when operational;
  • update, May 16, 2012; open mtg; scouted a 200-acre plot of land about five miles southwest of Dickinson on 116th Avenue Southwest.
  • early planning stages
  • near Richardton / Dickinson (don't hold your breath, especially if it means lots of men living together)
  • along the BNSF railway
  • $250 million for a modular unit; $410 million for a "stick built" project
  • 20,000 bbl/day 
  • only state permits will be required
Tesoro Refinery, Mandan, ND
  • increasing capacity by 10,000 bbls to 68,000 bbls/day