Oneok Partners holds open season for Bakken pipeline

Oneok Partners LP launched an open season for its previously announced Bakken Crude Express Pipeline. Scheduled to conclude Nov. 20, the open season provides potential shippers the opportunity to execute long-term contracts in exchange for priority service.

The proposed BCEP is a 1,300-mile crude oil pipeline with the capacity to transport 200,000 b/d of light, sweet crude oil from multiple points in the Williston basin in North Dakota and Montana to the Cushing hub in Oklahoma.

Construction of the BCEP system tentatively is slated to begin in early 2014 with completion by mid-2015.

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