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Title : Natural Gas Processing In North Dakota Gets Platts' Attention -- December 28, 2018
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Natural Gas Processing In North Dakota Gets Platts' Attention -- December 28, 2018

New Bakken natural gas processing plant caught the attention of Platts. High points:

• field set new high of 527 mcfpd of flaring in October, 2018
• processing, gathering investment tops $3 billion

From the linked article:

Although natural gas flaring in the Bakken Shale set records in 2018, those levels are starting to fall as the first of one of several processing plants planned for the play is now online, part of over $3 billion in investment activity expected in the coming year.
A processing plant expansion pushed Bakken Shale dry gas production to a record 2 Bcf/d over the past week, according to S&P Global Platts Analytics data.

Bakken Shale production has been on the rise in 2018, although it failed to increase significantly in recent months due to processing and flaring constraints.

After closing out 2017 at just under 1.7 Bcf/d, Bakken Shale production pushed above 1.8 Bcf/d for the first time in August, but then hovered around 1.8 Bcf/d to 1.9 Bcf/d, as the region awaited additional processing capacity. The vanguard of said capacity is now online, with Oasis Midstream's Wild Basin plant posting record high deliveries of about 120 MMcf/d to its interconnect with WBI over the past week. Oasis confirmed to S&P Global Platts the plant was online.

The plant delivered an average of 73 MMcf/d in 2018 up until this point, and never exceeded 103 MMcf on any day. Wild Basin's expansion from 80 MMcf/d to 260 MMcf/d was completed in November and it is now online. The extra Bakken Shale production is expected to make its way toward Chicago on the Northern Border Pipeline system at the expense of imports from Canada. Several processing plants and pipeline projects were announced or initiated construction in 2018, representing a combined investment of more than $3 billion, Justin Kringstad, director of the North Dakota Pipeline Authority, said during a December 21 conference call.

Four large-scale processing plants are expected to be completed in 2019, adding a combined 690 MMcf/d of capacity, which is more than the volume currently being flared.
However, construction of most of the projects is not expected to be completed until the middle of 2019 or at the end of year.

"Getting through winter and getting through the first quarter, things are going to remain likely challenging from the gas capture perspective," Kringstad said.

By the end of 2019, Kringstad projects North Dakota will produce 2.9 Bcf/d of gas and 1.49 million b/d of oil.

More at the link.

http://bit.ly/2dZyQXu

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