TransCanada plans $1.7 billion oil pipeline

By OGJ editors
HOUSTON, Feb. 11 -- TransCanada Corp., Calgary, is planning a $1.7 billion oil pipeline project to transport 400,000 b/d of heavy crude from its oil hub at Hardisty, Alta., to Wood River and Patoka, Ill.

The 1,870-mile Keystone pipeline system would involve construction of 1,000 miles of new 30-in. pipeline in North Dakota, South Dakota, Iowa, Missouri, and Illinois in the US; 100 miles of new 30-in. pipeline in Alberta and Manitoba, Canada; conversion of about 770 miles of TransCanada's existing 30-in. and 34-in. Alberta and Mainline natural gas transmission systems in Alberta, Saskatchewan, and Manitoba; and 15 pumping stations on the US line.

The Keystone system would accommodate anticipated growth in Canadian crude oil production during the next decade, the company said. Much of the oil will originate from oil sands and other projects in northern Alberta. TransCanada has received support for the project from a number of oil producers and refiners, and preliminary discussions have begun with other stakeholders, including communities, government representatives, and landowners along the proposed route.

TransCanada said it would continue to meet with industry groups to gauge additional support for the project with the view of calling for an industry-wide "open season" later this year, after which regulatory applications would be filed in the fall or winter. Anticipated in-service date for the Keystone system is put at 2008-09.

TransCanada's remaining gas pipeline network, which exceeds 25,000 miles of pipelines, will continue to transport most of western Canada's natural gas to eastern Canada and the US through its mainline system, which comprises a corridor of 4-7 pipelines having an annual capacity of 7-7.5 bcf of gas. Those lines currently transport 5 bcf/year.

Related Articles

Case for Keystone XL has grown stronger, TransCanada tells Kerry

06/30/2015 Canada is taking strong steps toward combating climate change, and the proposed Keystone XL pipeline crude oil pipeline remains in the US national ...

Contract let for converting FPSO for use in Libra field

06/30/2015 Jurong Shipyard Pte. Ltd. has let a topsides detailed engineering and procurement services contract to Technip SA as part of the conversion of a sh...

Survey begins of collaboration on the UKCS

06/30/2015

Deloitte has begun a survey about collaboration in the oil and gas producing industry of the UK Continental Shelf.

Construction begins on Chinese section of Russia-China Gas Pipeline

06/30/2015

Construction has begun on the Chinese section of the Russia-China Gas Pipeline, according to China National Petroleum Corp.

CNOOC starts oil production from Bozhong 28/34 oil fields

06/30/2015

CNOOC Ltd. reported the start of production from its Bozhong 28/34 oil fields comprehensive adjustment project.

Statoil submits amended PDO for Gullfaks license

06/30/2015 Statoil ASA has submitted an amendment to the plan for development and operations (PDO) for the Gullfaks license for the first phase of the Shetlan...

Firms form Powder River basin logistics JV

06/29/2015 NGL Energy Partners LP, Tulsa, and Meritage Midstream Services II LLC, Denver, have formed a joint venture to develop crude oil gathering and water...

IOCL lets contract for LNG storage tanks for Indian terminal

06/29/2015 Indian Oil Corp. Ltd. (IOCL) has let a contract to Mitsubishi Heavy Industries Ltd. (MHI) for the engineering, procurement, and construction of two...

Husky starts oil production from South White Rose extension

06/29/2015 Husky Energy Inc., Calgary, reported start of oil production from the South White Rose extension project in the Jeanne d’Arc basin offshore Newfoun...
White Papers

Three Tips to Improve Safety in the Oil Field

Working oil fields will always be tough work with inherent risks. There’s no getting around that. Ther...
Sponsored by

Pipeline Integrity: Best Practices to Prevent, Detect, and Mitigate Commodity Releases

Commodity releases can have catastrophic consequences, so ensuring pipeline integrity is crucial for p...
Sponsored by

AVEVA’s Digital Asset Approach - Defining a new era of collaboration in capital projects and asset operations

There is constant, intensive change in the capital projects and asset life cycle management. New chall...
Sponsored by

Transforming the Oil and Gas Industry with EPPM

With budgets in the billions, timelines spanning years, and life cycles extending over decades, oil an...
Sponsored by

Asset Decommissioning in Oil & Gas: Transforming Business

Asset intensive organizations like Oil and Gas have their own industry specific challenges when it com...
Sponsored by

Squeezing the Green: How to Cut Petroleum Downstream Costs and Optimize Processing Efficiencies with Enterprise Project Portfolio Management Solutions

As the downstream petroleum industry grapples with change in every sector and at every level, includin...
Sponsored by

7 Steps to Improve Oil & Gas Asset Decommissioning

Global competition and volatile markets are creating a challenging business climate for project based ...
Sponsored by

The impact of aging infrastructure in process manufacturing industries

Process manufacturing companies in the oil and gas, utilities, chemicals and natural resource industri...
Sponsored by
Available Webcasts


OGJ's Midyear Forecast 2015

When Fri, Jul 10, 2015

This webcast is to be presented by OGJ Editor Bob Tippee and Senior Economic Editor Conglin Xu.  They will summarize the Midyear Forecast projections in key categories, note important changes from January’s forecasts, and examine reasons for the adjustments.

register:WEBCAST


Predictive Analytics in your digital oilfield - Optimize Production Yield and Reduce Operational Costs

When Tue, Jul 7, 2015

Putting predictive analytics to work in your oilfield can help you anticipate failures, plan and schedule work in advance, eliminate emergency work and catastrophic failures, and at the same time you can optimize working capital and improve resource utilization.  When you apply analytic capabilities to critical production assets it is possible to reduce non-productive time and increase your yield.

Learn how IBM's analytics capabilities can be applied to critical production assets with the goal of reducing non-productive time, increasing yield and reducing operations costs.

register:WEBCAST



On Demand

Cognitive Solutions for Upstream Oil and Gas

Fri, Jun 12, 2015

The oil & gas sector is under pressure on all sides. Reserves are limited and it’s becoming increasingly expensive to find and extract new resources. Margins are already being squeezed in an industry where one wrong decision can cost millions. Analyzing data used in energy exploration can save millions of dollars as we develop ways to predict where and how to extract the world’s massive energy reserves.

This session with IBM Subject Matter Experts will discuss how IBM Cognitive Solutions contribute to the oil and gas industry using predictive analytics and cognitive computing, as well as real time streaming for exploration and drilling.

register:WEBCAST


The Alternative Fuel Movement: Four Need-to-Know Excise Tax Complexities

Thu, Jun 4, 2015

Discussion on how to approach, and ultimately embrace, the alternative fuel market by pulling back the veil on excise tax complexities. Taxes may be an aggravating part of daily operations, but their accuracy is crucial in your path towards business success.

register:WEBCAST


Emerson Micro Motion Videos

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected