july 2020 monthly update north dakota pipeline authority justin … · 2020. 7. 17. · simple...
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July 2020 Monthly Update
North Dakota Pipeline Authority
Justin J. Kringstad
July 17, 2020
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US Williston Basin Oil Production - 2020
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Monthly Production Change
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March to May 75+% M-O-M Oil Drop
(Non-Confidential Wells Only)
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5JJ Kringstad - North Dakota Pipeline Authority (Non-Confidential Wells Only)
Vintage Year of Shut-In Wells – May 2020
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Estimated Williston Basin Oil Transportation
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May 2020
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Estimated Williston Basin Oil Transportation
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Estimated ND Rail Export Volumes
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Rail Destinations Market Share (Apr. 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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$26.28
$19.41
$15.72
$16.10
$23.40
EIA April 2020 Refiner Acquisition Cost
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Cushing $40.86
Brent $43.36WTI + $2.50
Crude Oil Prices – July 17, 2020
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Pricing Data: Bloomberg &
CME (LLS-Argus)LLS (Argus)WTI + $1.61
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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.
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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.
May 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 July 2020 SEO and January 2020 AEO Blend
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Solving the Flaring Challenge
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Solving the Flaring Challenge
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Major Gas Pipeline and Processing Infrastructure
WBI Transmission
M.P.
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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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