Advance plans for a new oil pipeline to serve Bakken regions, Rockies

Advance plans for a new oil pipeline to serve Bakken regions, Rockies

Phillips 66 and Bridger Pipeline announced that they have taken a joint venture to build the Liberty Pipeline to transport the increasing transport of crude oil from production areas in the Bakken and Rockies.

If approved, the first crude oil transmission pipeline is built in North Dakota from Dakota Access, which began operating in June 2017 to transport oil to Illinois.

Some North Dakota of the Liberty Pipeline is planned for the southwest corner of the state, said Bill Salvin, spokesman for Bridger. North Dakota crude oil would come to Guernsey, Wyo., And then proceed to Cushing, Okla., While the exact route is still being determined, he said.

The project, which will require approval from regulators, is expected to carry up to 200,000 barrels of oil per day from Williston to Cushing Basin, said Justin Kringstad, director of the North Dakota Pipeline Authority.

The $ 1.6 billion pipeline could be in service as early as the first quarter of 2021, the companies announced. Previously, they said that the project would have up to 350,000 barrels per day.

Phillips 66 will lead the construction of the project and operate the pipeline, according to news release.

The pipeline will require the approval of the North Dakota Public Service Commission and other regulators.

North Dakota is expected to require more pipeline capabilities, producing about 1.4 million barrels of oil per day as production continues to grow, Kringstad said.

“Additional pipeline capacity will be vital to continue moving Dakota crude oil to the Gulf Coast main markets,” he said.

Also, Monday, 66th Phillips and Plains announced all American plans for the Red Oak Pipeline system, which would bring raw from Cushing to sites in the Gulf Coast.

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