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Wednesday, April 10, 2013

New Pipeline Operator in the Bakken -- At Least The First Time I've Heard This Name In The Bakken

Oil & Gas Journal is reporting:
CenterPoint Energy Bakken Crude Services LLC (CEBCS), an indirect, wholly owned subsidiary of CenterPoint Energy Inc., has entered into a long-term agreement with XTO Energy Inc., a subsidiary of ExxonMobil Corp, to gather XTO’s crude oil production through a new crude oil gathering and transportation pipeline system in North Dakota's Bakken shale. The agreement with XTO is the first entered into from an open season announced by CEBCS Feb. 19.
There are several story lines here. Think about this one. 

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