Enterprise Products Calls Off Bakken-to-Cushing Pipeline
Enterprise Products Partners LP announced Dec. 12 that it had called off its proposal to build a 1,200-mile, 30-in. pipeline from the Bakken shale to Cushing, Oklahoma.
The company cited a lack of sufficient commitments from potential shippers as the reason to halt the project. Open season on the project was Sept. 4 to Oct. 17.
The proposed pipeline was to originate in the Williston Basin of North Dakota, while also serving the Powder River and Denver-Julesburg basins, and extend to the Cushing hub. As proposed, the pipeline would have had an initial capacity of approximately 340,000 barrels per day (bpd) of crude oil, expandable to more than 700,000 bpd.
The Bakken-to-Cushing pipeline would have the capability to transport up to six grades of crude oil and products, including Rockies condensate and processed condensate.
Bakken, crude oil, Enterprise Products Partners
Comments are closed here.