Wednesday, January 11, 2012

Another Refinery In the Bakken? -- The Bakken, North Dakota, USA

From Gregg:

Here's a bit of news that surfaced on KXMC at noon.

Tex Hall announces that the Thunder Butte refinery will begin construction this spring near Makoti.

It will be built on about 460 acres (can't remember exact amount). Crude oil will be coming from west of the refinery. They have plans for a pipeline across the lake. There is no link yet for the KXMC story.

http://www.mhanation.com/main/oil_refine.html -- a broken link

A new ink for this story:
The Thunder Butte Petroleum Services Refinery southwest of Minot, ND, might be expanded before ever coming online.
Production in the region is on pace to surpass many early predictions, so the affiliated tribes are considering and expansion before the refinery is in place.
Current plans call for capacity of 20,000 b/d, but the company’s CEO expects wells in the region could produce in excess of 300,000 b/d in the next five years.

Watch for additional updates from Thunder Butte Petroleum Services. An expansion will mean an increase in the $450 million price tag.