Although they won’t say when full capacity will be reached next year, backers of the Dakota Access Pipeline (DAPL) made clear this week that the vision of creating a pipeline route for Bakken sweet crude production in North Dakota to the Gulf Coast is now a reality.
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More Capex Equals More U.S. Wells, Especially in Permian And Oklahoma, Says Barclays
The Permian Basin and Oklahoma’s stacked reservoirs will surpass all onshore areas of the United States for oil drilling this year, but double-digit gains also are forecast for the Bakken, Eagle Ford and Niobrara formations as producers raise their spending and complete more wells, according to a review by Barclays.
Central Canada-Bound Capacity Targets U.S. Shale Output
Southwestern Ontario’s natural gas distribution company, Union Gas Ltd., confirmed Friday that further expansion is planned on the northbound pipeline network into central Canada from the United States.
Capacity Offered on U.S.-to-Central Canada Pipeline
Southwestern Ontario’s natural gas distribution company, Union Gas Ltd., confirmed Friday that further expansion is planned on the northbound pipeline network into central Canada from the United States.