Enable Midstream Partners LP (NYSE:ENBL) announced April 21 that its first crude oil and produced water gathering system in North Dakota is fully operational.
The Bear Den Crude & Produced Water Gathering System began construction in August 2013 with the initial segments of the system starting service in November 2013. It provides services to producer XTO Energy Inc. in its Little Missouri Field and will have a maximum throughput of 19,500 bbl/d.
“It’s a great demonstration of our ability to effectively and efficiently deploy expansion capital to meet our customers’ needs for delivering energy to key markets,” said Enable Midstream President and CEO Lynn Bourdon.
Recommended Reading
New Fortress Starts Barcarena LNG Terminal Operations in Brazil
2024-03-01 - New Fortress’ facility consists of an offshore terminal and an FSRU that will supply LNG to several customers.
Imperial Expects TMX to Tighten Differentials, Raise Heavy Crude Prices
2024-02-06 - Imperial Oil expects the completion of the Trans Mountain Pipeline expansion to tighten WCS and WTI light and heavy oil differentials and boost its access to more lucrative markets in 2024.
Majors Aim to Cycle-proof Oil by Chasing $30 Breakevens
2024-02-14 - Majors are shifting oilfields with favorable break-even points following deeper and more frequent boom cycles in the past decade and also reflects executives' belief that current high prices may not last.
Exclusive: Andrew Dittmar Expects Increased Public M&A in 2024
2024-02-15 - In this Hart Energy LIVE Exclusive, Andrew Dittmar, Enverus Intelligence's senior vice president, compares 2023 consolidation to what he expects in 2024, including more public to public deals.
Exxon, Vitol Execs: Marrying Upstream Assets with Global Trading Prowess
2024-03-24 - Global commodities trading house Vitol likes exposure to the U.S. upstream space—while supermajor producer Exxon Mobil is digging deeper into its trading business, executives said at CERAWeek by S&P Global.