Post on 13-May-2018
transcript
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ND
Sw
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t P
ric
e $
/ba
rre
l
Ba
rre
ls p
er
Da
yNorth Dakota Oil Production and Price
History Bakken - Three Forks P10 Bakken - Three Forks P50
Bakken - Three Forks P90 $/Barrel History & DOE-EIA Projected $/Barrel P50
$/Barrel P10
Forecasting Williston Basin Oil Production, BOPD
Production forecast is for visual demonstration purposes only and shouldnot be considered accurate for any near or long term planning.
Today
5
Forecasting Williston Basin Oil Production, BOPD
Production forecast is for visual demonstration purposes only and shouldnot be considered accurate for any near or long term planning.
Today
6
Challenges*
1) Moving oil out of the
Williston Basin
2) Moving oil within the
Williston Basin
*Modified from Bridger and Belle Fourche Pipelines
2
1
7
Several Exciting Developments For Post 2010 Crude Oil Transport
Enbridge Bakken Expansion Program
Keystone XL Marketlink
True Co.’s Baker 300
Plains Bakken North
Unit Train Development8
Williston Basin Oil Production & Export Capacity, BOPD
Production forecast is for visual demonstration purposes only and shouldnot be considered accurate for any near or long term planning.
*Projects still in the proposed or internal review process
Today
Pipeline Transportation Only
9
Existing & Planned Rail Locations
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Existing1) Stampede
2) Donnybrook
3) Ross
4) Stanley – EOG
5) Minot – ND Port Services
6) Dore
7) New Town – Dakota
Transport Solutions
8) Beulah
Planned1) Trenton – Savage
2) Epping – Rangeland
3) Tioga – Hess
4) Dickinson - EDOG
1
2
4 5
6 7
8
1 2 3
4
3
Existing & Planned Rail Locations
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1
2
4 5
6 7
8
1 2 3
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3
0
100,000
200,000
300,000
400,000
500,000
2007 2008 2009 2010 2011 2012
Bar
rels
Pe
r D
ay
Rail Loading Capacity
Williston Basin Oil Production & Export Capacity, BOPD
Production forecast is for visual demonstration purposes only and shouldnot be considered accurate for any near or long term planning.
*Projects still in the proposed or internal review process
Today
13
Williston Basin Oil Production & Export Capacity, BOPD
Production forecast is for visual demonstration purposes only and shouldnot be considered accurate for any near or long term planning.
*Projects still in the proposed or internal review process
Today
Pipeline Transportation Only
14
15
North Dakota Crude Pricing
($12.00)
($10.00)
($8.00)
($6.00)
($4.00)
($2.00)
$0.00
$2.00
$4.00
$6.00
$8.00
Dec
-05
Mar
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Jun
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Sep
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Dec
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-10
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-10
ND Tax Department Average Crude Oil Discounts - 90% NYMEX
ND Gas Production
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0
50,000
100,000
150,000
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MC
F/D
ay
Produced
Sold
Natural Gas Processing
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0
200
400
600
800
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1200
2006 2008 2010 2011 2012
MM
CFD
Gas Production
Plant Capacity
Raw Natural Gas Processing Plant
Consumer Quality Natural
GasMethane
Ethane
Propane
Butane
Natural Gasoline
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Natural Gas ProcessingWith Ethane Extraction
Natural GasLiquids
“Y-Grade” if left
unfractionated
ND Gas Gathering Statistics
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500
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/1/2
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/1/2
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/20
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/1/2
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/20
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3/1
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9/1
/20
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6/1
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3/1
/20
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12
/1/2
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6
9/1
/20
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6/1
/20
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3/1
/20
06
12
/1/2
00
5
9/1
/20
05
6/1
/20
05
Wells With Gas Sales
Wells Without Gas Sales
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Mountrail/Burke Counties
Bear Tracker Energy150+ Well Connections in
2011
Tie into Pecan’s Stanley Facility
26
McKenzie County
ONEOK Garden Creek Plant
Q4 2011: 100 MMCFD
Hiland Partners Watford City Plant
Q2 2011: 50 MMCFD
Saddle Butte PipelineQ2 2011: 45 MMCFD
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Williams County
ONEOK Stateline I PlantQ3 2012: 100 MMCFD
ONEOK Stateline II PlantQ4 2012: 100 MMCFD
Hess Tioga PlantCurrent: 110 MMCFDQ4 2012: 250 MMCFD
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Stark County
Whiting Belfield PlantQ4 2011: 30 MMCFD
Bakken ExpressNatural Gas Trucking
Petro Hunt Little Knife Plant