Tuesday, June 12, 2012

Rangeland Ships First Bakken Crude From Rail Terminal

Link to Oil & Gas Journal.

Data points
  • Sugar Land, TX, - based Rangeland Energy
  • 120-car unit train from its COLT open-access crude oil  terminal in North Dakota
  • COLT has a 21-mile bidirectional COLT Connector pipeline -- connects with Tesoro and Enbridge
  • Enbridge: building an 80,000 bopd terminal at Berthold, ND (west of Minot); in-service 1Q13
  • Rangeland to have total ND takeaway capacity of 475,000 bopd by 2013
  • Rangeland's COLT is sited in Williams County, ND; can store 720,000 bbls of oil
  • BNSF provides rail transportation; capacity 120,000 bopd
  • in addition to site in Williams County, Rangeland has a tank at its Dry Fork terminal, near Tioga, ND, where its bidirectional pipeline connects with Tesoro and Enbridge
It seems like I first wrote about this planned terminal "years" ago -- it's amazing how much is happening and how much is yet to happen in the Bakken.

One operation (Rangeland) with 475,000 bopd takeaway capacity by end of next year. Hmmm.