Growing Bakken Shale Production Spurs Infrastructure Developments
An emerging oil play for the US, increasing Bakken Shale production is largely stranded by limited midstream infrastructure. There are currently a number of pipeline and other transport projects under development to connect this oil production with the market.
Earlier this year, Savage Companies announced plans to construct, own and operate a large multi-user rail terminal in Trenton, North Dakota, to support increased oil production in the Bakken Formation, as well as transport drilling and development equipment to the region.
Additionally, ONEOK is currently working to build a more than 600-mile-long NGL pipeline in the region, whileEnbridge and Rangeland Energy are also building pipelines to transport Bakken Shale production. Plains All American Pipeline recently closed an acquisition of Nexen's Bakken gathering and transportation assets, as well.
Source: Penn Energy
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