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Wednesday, July 21, 2010

Enbridge To Double Capacity in the Bakken?

This is too important an item to be buried in a longer post, so I will re-post it here:
Enbridge is working on plans to further double the company's pipeline export capacity in North Dakota. Since the news had not been announced, the spokesman couldn't elaborate on the projects, except to say that the projects, once completed, would further double Enbridge's export capacity in North Dakota. While she couldn't get into specifics, she hinted that expansion activity could center around the Beaver Lodge Station south of Tioga, North Dakota (USA). -- Tioga Tribune Supplement, July, 2010.
Takeaway capacity should meet production demands for the next year or so, based on frequently presented data (in almost every major Bakken corporate presentation). The railroad tankers are scalable, but more costly, and can make up the delta if necessary until more pipeline is laid.

But if Enbridge doubles its export capacity, takeaway capacity should be more than adequate. It sounds like Enbridge is going to move sooner than later on this project.

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