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Tuesday, November 1, 2011

Enbridge To Increase Pipeline Capacity -- The Bakken, North Dakota, USA

Link here.

Data points:
  • $90 million project: Bakken Access Program
  • Increase gathering capacity by 100,000 bopd
  • An upstream project; to be in service by early 2013
  • Pipelines, storage tanks, truck access facilities at multiple locations in North Dakota
  • Why was expansion necessary?
"Production forecasts from the prolific Bakken and Three Forks formations have recently doubled, accompanied by a corresponding increase in drilling activity. We are very excited about The Bakken Access Program, which builds upon the 2011 Bakken Expansion Program and will enable the Partnership to continue to provide attractive transportation options to our customers in the Bakken and Three Forks formations," according to Mark Maki, president of Enbridge Energy Partners.

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