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January 2016 Monthly Update North Dakota Pipeline Authority Justin J. Kringstad January 15, 2016 - Bismarck, ND

January 2016 Monthly Update - ND Pipeline Authority · 1/15/2016  · January 2016 Monthly Update North Dakota Pipeline Authority Justin J. Kringstad January 15, 2016 - Bismarck,

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Page 1: January 2016 Monthly Update - ND Pipeline Authority · 1/15/2016  · January 2016 Monthly Update North Dakota Pipeline Authority Justin J. Kringstad January 15, 2016 - Bismarck,

January 2016 Monthly Update North Dakota Pipeline Authority

Justin J. Kringstad January 15, 2016 - Bismarck, ND

Page 2: January 2016 Monthly Update - ND Pipeline Authority · 1/15/2016  · January 2016 Monthly Update North Dakota Pipeline Authority Justin J. Kringstad January 15, 2016 - Bismarck,

US Williston Basin Oil Production - 2015

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Page 3: January 2016 Monthly Update - ND Pipeline Authority · 1/15/2016  · January 2016 Monthly Update North Dakota Pipeline Authority Justin J. Kringstad January 15, 2016 - Bismarck,

Estimated Williston Basin Oil Transportation

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November 2015

Page 4: January 2016 Monthly Update - ND Pipeline Authority · 1/15/2016  · January 2016 Monthly Update North Dakota Pipeline Authority Justin J. Kringstad January 15, 2016 - Bismarck,

Estimated Williston Basin Oil Transportation

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Page 5: January 2016 Monthly Update - ND Pipeline Authority · 1/15/2016  · January 2016 Monthly Update North Dakota Pipeline Authority Justin J. Kringstad January 15, 2016 - Bismarck,

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Estimated ND Rail Export Volumes

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Page 6: January 2016 Monthly Update - ND Pipeline Authority · 1/15/2016  · January 2016 Monthly Update North Dakota Pipeline Authority Justin J. Kringstad January 15, 2016 - Bismarck,

Rail Destinations Market Share (Oct 2015)

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Data for Rail Destination Market Share Provided by the US Energy Information Administration

Page 7: January 2016 Monthly Update - ND Pipeline Authority · 1/15/2016  · January 2016 Monthly Update North Dakota Pipeline Authority Justin J. Kringstad January 15, 2016 - Bismarck,

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Major Rail Lines and Refineries

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$46.61

$44.63

$43.37

$40.37

$46.88

EIA Oct 2015 Refiner Acquisition Cost

JJ Kringstad - North Dakota Pipeline Authority

Page 8: January 2016 Monthly Update - ND Pipeline Authority · 1/15/2016  · January 2016 Monthly Update North Dakota Pipeline Authority Justin J. Kringstad January 15, 2016 - Bismarck,

Cushing $29.45

Brent $29.57 WTI + $0.12

Crude Oil Prices – Jan. 15, 2016

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Pricing Data: Bloomberg

Page 9: January 2016 Monthly Update - ND Pipeline Authority · 1/15/2016  · January 2016 Monthly Update North Dakota Pipeline Authority Justin J. Kringstad January 15, 2016 - Bismarck,

Williston Basin Truck Imports and Exports with Canada

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Data for truck imports/exports chart is provided by the US International Trade Commission

Page 10: January 2016 Monthly Update - ND Pipeline Authority · 1/15/2016  · January 2016 Monthly Update North Dakota Pipeline Authority Justin J. Kringstad January 15, 2016 - Bismarck,

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.

November 2015 Data – Non-Confidential Wells Statewide

Solving the Flaring Challenge

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Page 11: January 2016 Monthly Update - ND Pipeline Authority · 1/15/2016  · January 2016 Monthly Update North Dakota Pipeline Authority Justin J. Kringstad January 15, 2016 - Bismarck,

Capturing the 4% Faster Well Connections

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Page 12: January 2016 Monthly Update - ND Pipeline Authority · 1/15/2016  · January 2016 Monthly Update North Dakota Pipeline Authority Justin J. Kringstad January 15, 2016 - Bismarck,

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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