Oneok cancels Bakken Crude Express Pipeline

Oneok Partners LP reported it will not build its proposed Bakken Crude Express Pipeline, having received insufficient long-term transportation commitments during the project’s open season, concluded Nov. 20.

The company said it was disappointed with the results of the open season, but remained committed to serving Williston basin producers. “We still believe the Bakken Crude Express has a competitive advantage over other competing projects due to its proximity to the route of our Bakken NGL Pipeline currently under construction (OGJ Online, Nov. 13, 2012) and other Oneok Partners natural gas liquids pipeline corridors,” said Oneok Pres. Terry K. Spencer.

The Bakken Crude Express Pipeline would have been a 1,300-mile, crude oil pipeline with capacity to transport 200,000 b/d of light-sweet crude from multiple points in the Williston basin in the Bakken shale in North Dakota and Montana to Cushing, Okla.

Contact Christopher E. Smith at chriss@ogjonline.com.

Related Articles

Crude oil pipeline growth, revenues surge; construction costs mount

09/01/2014 US pipeline operators continued to expand their systems rapidly in 2013. Investment in oil pipeline carrier property surged last year, rising rough...

Industry, regulators work to build US crude pipelines right

09/01/2014 Surging US production has led to strong demand for the construction of crude oil pipelines. The industry and its government regulators are working ...

CERI: Market access key to Canadian bitumen output

09/01/2014 Outcomes in two areas of critical uncertainty can mean a difference in Canadian bitumen production in 2030 of 1.7-1.8 million b/d, according to a s...

Virtual flow metering improves Chinese offshore production

09/01/2014 A common problem for inflow-rate metering in subsea wells is the lack of real-time, three-phase flow rates, which are critical for reservoir charac...

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