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April 2020 Monthly Update North Dakota Pipeline Authority Justin J. Kringstad April 14, 2020
April 2020 Monthly UpdateNorth Dakota Pipeline Authority
Justin J. KringstadApril 14, 2020
US Williston Basin Oil Production - 2019
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US Williston Basin Oil Production - 2020
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Monthly Production Change
Estimated Williston Basin Oil Transportation
5
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February 2020
Estimated Williston Basin Oil Transportation
6
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Estimated ND Rail Export Volumes
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Rail Destinations Market Share (Jan 2020)
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Data for Rail Destination Market Share Provided by the US Energy Information Administration
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Major Rail Lines and Refineries
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$63.77
$58.98
$52.47
$48.44
$64.55
EIA January 2020 Refiner Acquisition Cost
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Cushing $21.16
Brent $29.97WTI + $8.81
Crude Oil Prices – Apr. 14, 2020
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Pricing Data: Bloomberg &
CME (LLS-Argus)LLS (Argus)WTI - $3.29
Williston Basin Truck/Rail Imports and Exports with Canada
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Data for imports/exports chart is provided by the US International Trade Commission and represents traffic across US/Canada border in the Williston Basin area.
Simple Terms
Blue – Lack of pipelines
Orange – Challenges on existing
infrastructure
GREEN – % of gas captured and sold
Blue – % flared from zero sales wells
Orange – % flared from wells with at
least one mcf sold.
Feb. 2020 Data – Non-Confidential Wells
Statewide
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Solving the Flaring Challenge
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Solving the Flaring Challenge
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Solving the Flaring Challenge
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EIA Oil Price Forecast*
*EIA April 7, 2020 SEO and January 2020 AEO Blend
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Solving the Flaring Challenge
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Major Gas Pipeline and Processing Infrastructure
WBI Transmission
M.P.
Justin J. Kringstad, DirectorNorth Dakota Pipeline Authority
600 E. Boulevard Ave. Dept. 405Bismarck, ND 58505-0840
Phone: (701)220-6227Fax: (701)328-2820
E-mail: [email protected]
Websites: www.pipeline.nd.gov
www.northdakotapipelines.com
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Contact Information
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