Tuesday, February 4, 2014

Another Bakken Crude Oil Pipeline Expansion -- Second Such Story In Two Days -- February 4, 2014

[The following was done quickly; there may be errors. I will check later.]

Yesterday a reader sent me the Enable story, an open-season for a intra-county/inter-county pipeline for gathering Bakken crude oil in Mountrail and Williams counties to deliver to an in-state regional pipeline. That would be a new pipeline.

I forget who sent me that story, but I think it was the same reader who now sends me this story, about a Bakken crude oil pipeline expansion. San Antonio Business Journal is reporting:
San Antonio-based pipeline and oil-storage company Tesoro Logistics LP is expanding its Bakken Area Storage Hub (BASH) terminal in North Dakota’s Bakken Shale area.
The company — a spinoff of refiner Tesoro Corp. — also said it’s seeking shipper commitments for a proposed 160,000-barrel-per-day (bpd) expansion of its Tesoro High Plains Pipeline system, which carries crude to Stampede, ND.
The proposed BASH expansion would be built near the pipeline’s Ramberg Station, allowing shippers to access multiple pipelines and rail-loading facilities, according to a Tesoro Logistics statement. The initial storage capacity at BASH is expected to be at least 1 million barrels of crude. The first 360,000 barrels of capacity is currently under construction, anchored by affiliate Tesoro Refining & Marketing Company LLC.
I thought I had posted a story on BASH some time ago, but I can't find it on the blog. I did not look too hard; I have to leave in a few minutes to take the granddaughters swimming.

At the Tesoro Logistics website/presentation, click on Citi 2013 MLP/Infrastructure Conference to see their Bakken pipeline operations, slides 10 and 11.  I assume this presentation will be at the link for only a few months.

No comments:

Post a Comment