Update of the Bakken Pipeline Situation -- North Dakota, USA

Link here (regional link will break soon).

Personalities:

• Kesley Myhre, Enbridge spokesperson
• Justin Kringstad, Director, North Dakota Pipeline Authority

North Dakota Pipeline Authority, mission:

The North Dakota Pipeline Authority works with the companies to help them understand the oil play, as well as offer support through the state and federal government. The North Dakota Pipeline Authority is a state agency that started in 2007.

Current status: three major options for pipelines in the Bakken

• Enbridge system: 210,000 bbls/day
• Tesoro pipeline: 58,000 bbls/day 
• Butte Pipeline: 118,000 bbls from eastern Montana to Wyoming

Currently, maybe 60,000 to 70,000 bopd transported by rail

Four additional projects being proposed or underway:

• TransCanada Bakken MarketLine: expected to start mid- to late-2013; 100,000 bopd from Williston Basin to major hubs in Oklahoma and Texas
• True Company 'Baker 300': 118,000 bopd now; by the end of 2011, that oil flow will increase to 150,000 bopd; and in 2012, increase to 200,000 bopd
• Plains Bakken: will ship up to 75,000 bopd from western North Dakota (100 miles from Trenton) to an existing pipeline along the Canadian and Montana border
• Enbridge Bakken Expansion Program: currently shipping 210,000 bopd; by the end of 2013, the company expects to add another 120,000 bopd capacity

Enbridge projects under construction:

• The Beaver Lodge Loop project: loop an existing pipeline or place another pipeline adjacent ot existing pipeline system; from Enbridge's Beaver Lodge Station through Stanley to Berthold Station
• The Bakken Expansion Project: replace 11 miles of a newly reactivated pipeline, from Berthold to the Canadian border; a new pump station at Lignite, ND, and a new pump station at Kenaston, ND; cost o the US side is $370 million; the expansion work on the Canadian side is $190 million