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December 2014 Monthly Update North Dakota Pipeline Authority
Justin J. Kringstad December 12, 2014 - Bismarck, ND
US Williston Basin Oil Production - 2014
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October 2014
Estimated Williston Basin Oil Transportation
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Estimated Williston Basin Oil Transportation
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Estimated ND Rail Export Volumes
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Cushing $57.99
Brent $62.05 WTI + $4.06
Crude Oil Prices – Dec. 12, 2014
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Simple Terms Blue – Lack of pipelines Orange – Challenges on existing infrastructure
GREEN – % of gas captured and sold Blue – % flared from zero sales wells Orange – % flared from wells with at least one mcf sold.
Oct 2014 Data – Non-Confidential Wells Statewide
Solving the Flaring Challenge
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Capturing the 7% Faster Well Connections
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Justin J. Kringstad, Director North Dakota Pipeline Authority
600 E. Boulevard Ave. Dept. 405 Bismarck, ND 58505-0840
Phone: (701)220-6227
Fax: (701)328-2820 E-mail: [email protected]
Websites:
www.pipeline.nd.gov www.northdakotapipelines.com
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Contact Information
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