This link will download a PDF of the December, 2010, North Dakota Pipeline Authority summary of North Dakota's Oil Transportation Infrastructure.
As noted by "Bri-VA" these projections were based on 120 and 150 rigs. Currently there are 167 active rigs (high) in North Dakota. See 2nd comment.
I will post the link in the "Data Links" tab above.
Note: it is projected that North Dakota will produce 500,000 bbls/day by September this year (2011).
[Note: one day after posting, the Williston Herald posts a story that Enbridge will be putting in two short segments (26-mile and 29-mile segments) that will increase capacity by 145,000 bopd in the region.]
Interesting, the plan is based on 150 drills. what happens if they go 180 or more. I think the future articles will be when will they beat texas in production.
ReplyDeleteYou are correct. That bit of data was "hidden" in the caption of Figure 4: one projection is based on 120 rigs; the other projection is based on 150 rigs.
ReplyDeleteWe are currently at 167 rigs (high; varies from day to day) and many producers plan to increase number of rigs. CLR is on record stating they would like to double the number of their rigs (currently 22) over the next three to five years.
In addition, some new "big" companies recently entered the Bakken or increased their holdings: ERF, WMB, HES, OXY.