Friday, May 3, 2019

Making North Dakota Great -- MDU To Add One-Half Billion Cubic Feet/Day Natural Gas Pipeline Capacity In The Bakken -- May 3, 2019

From Natural Gas Intelligence:
In the next three years, locally based utility and construction holding company MDU Resources Group plans to add more than 500 MMcf/d of natural gas capacity, with four pipeline projects serving the Bakken Shale in North Dakota.
The article did not provide additional information -- at least that I could find.

It should be noted that earlier this year, January 25, 2019, MDU announced another natural gas pipeline to add as much as 375 million cfpd. See this post

I do not know if Natural Gas Intelligence is aggregated data from earlier press releases; if it includes the 375 million cfpd at the linked post, of if this is "new" activity/capacity.

MDU 1Q19 earnings transcript here. The pipeline projects mentioned there:
  • additional capacity with these two projects: 200 million cubic feet per day
    • Demicks Lake project, McKenzie County, began construction, April, 2019: 
    • Line Section 22 project near Billings, MT; began construction, May, 2019:
  • North Bakken Expansion Project, to begin in 2021; initially 200 million cfpd; expand to 375 million cfpd
  • Demicks Lake Expansion Project, to begin later this year; 175 million cfpd
The "375" + "175" = 550.

500 million cubic feet per had of natural gas converts to about 80,000 boepd.