Thursday, October 31, 2019

Natural Gas Plants -- North Dakota -- Williston Herald Update -- October 31, 2019

Flaring: companies looking to invest billions in North Dakota to "manage" the flaring issue. Link to The Williston Herald. Recommend archiving.
  • reports that Bakken companies are building out natural gas infrastructure at a dizzying pace
  • companies involved:
    • Hess
    • Crestwood Midstream
    • ONEOK
  • currently: 78 - 81 percent of the Bakken's natural gas is being captured
    • only 5% is due to "stranded" production -- where infrastructure does not exist
    • the problem: bottlenecks -- not stranded gas
  • Hess: #2 producer in the Bakken -- I assume the reporter is talking about nat gas production
    • six rigs
    • those six rigs will produce (sic) about 165 new wells (time-frame not reported)
    • currently 1,500 actively producing wells
    • inventory of 15 years of drilling
    • inventory of 3,000 more wells for Hess
    • Hess has already committed about $3 billion toward proving nat gas gathering and processing
      • effort began with expansion of the Tioga gas plant ot 250 million cubic feet per day
      • a joint venture with Targa Resources for a 100-million cubic feet per dry plant
    • Tioga plant will be expanded again to 400 million cubic feet per day, likely in 2021
    • that won't include fractionation -- that market is already saturated
  • Crestwood Midstream -- on Fort Berthold
    • building smaller plants to get them up and running more quickly
    • one small facility up and running within seven months
    • a second plant now under construction: 120 million cfpd
    • investment: $668 million so far and climbing
  • Y-grade NGL
    • waiting for ONEOK to complete its Elk Creek Pipeline
    • will carry up to 240 million bbls per day out of the Bakken
  • ONEOK
    • already has about 1 billion cfpd of natural gas processing in the Williston Basin
    • by 2021, ONEOK plans to have !.6 billion cfpd
    • current projects
      • two large processing plants in the Keene area, Demicks 1 and 2
    • each: 200 million cfpd
    • a 200-million-cfpd expansion of Bear Creek in Dunn County
    • Demicks Lake plants -- part of an overall $2.3 billion capital plan the company announced last year
Natural gas processing plants in North Dakota are tracked here.

For more, see the tag: NG_Plants_ND.

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