wdea annual meeting presentation title november …...2018/11/07  · 2 • 1,350 miles of pipeline...

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Presentation Title Presentation Subtitle Connections for America’s Energy Presentation Title Presentation Subtitle Connections for America’s Energy Crestwood Midstream Partners LP Crestwood Equity Partners LP Connections for America’s Energy WDEA Annual Meeting November 7, 2018

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Page 1: WDEA Annual Meeting Presentation Title November …...2018/11/07  · 2 • 1,350 miles of pipeline • 2.8 Bcf/d gathering • 1.4 Bcf/d transport • 865 MMSCFD processing • 79

Connections for America’s Energy™ ™™ ™™ ™

Presentation TitlePresentation Subtitle

Crestwood Midstream Partners LP Crestwood Equity Partners LP

Connections for America’s Energy™

Presentation TitlePresentation Subtitle

Crestwood Midstream Partners LP Crestwood Equity Partners LP

Connections for America’s Energy™

Crestwood Midstream Partners LP Crestwood Equity Partners LP

Connections for America’s Energy™

WDEA Annual Meeting

November 7, 2018

Page 2: WDEA Annual Meeting Presentation Title November …...2018/11/07  · 2 • 1,350 miles of pipeline • 2.8 Bcf/d gathering • 1.4 Bcf/d transport • 865 MMSCFD processing • 79

Connections for America’s Energy™ ™™ ™™ ™

Crestwood Overview

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• 1,350 miles of pipeline

• 2.8 Bcf/d gathering

• 1.4 Bcf/d transport

• 865 MMSCFD processing

• 79 Bcf nat gas storage

• 4.3 MM barrels crude and NGL storage

• 125 MBPD crude oil gathering

• 180 MBPD crude oil rail terminalling

• 294 MBPD nationwide NGL logistics business, with rail cars and trucking units

Existing platform in every premier shale play in North America; services across the complete midstream value chain; balanced portfolio in gas, NGL and crude oil

Asset MapKey Statistics

Page 3: WDEA Annual Meeting Presentation Title November …...2018/11/07  · 2 • 1,350 miles of pipeline • 2.8 Bcf/d gathering • 1.4 Bcf/d transport • 865 MMSCFD processing • 79

Connections for America’s Energy™ ™™ ™™ ™

Crestwood Core Operating Principals

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• Designs, constructs and operates its pipelines and facilities in a safe, reliable

and responsible way;

• Provides its customers with the highest level of service;

• Conducts its operations in a manner that protects natural & cultural resources;

• Works to reduce its operational footprint; and

• Engages and partners with local communities where we operate

Crestwood’s dedicated employees have an unwavering commitment to embodying and adhering to our core operating principles

Page 4: WDEA Annual Meeting Presentation Title November …...2018/11/07  · 2 • 1,350 miles of pipeline • 2.8 Bcf/d gathering • 1.4 Bcf/d transport • 865 MMSCFD processing • 79

Connections for America’s Energy™ ™™ ™™ ™4

Crestwood’s Commitment to the Bakken

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Community engagement is part of the culture at Crestwood and we are proud to serve North Dakota, the MHA Nation and the surrounding communities in meaningful and enduring ways

The Crestwood Mahgiddashda Center• Crestwood pledged ~$2 million to launch a capital campaign for a new

Head Start facility in Mandaree, ND

• Head Start is an early education program for low-income children that also provides comprehensive health, nutrition and parent engagement services

• The current program serves ~20 children and their families, the new facility will allow the program to double the number of children served

• The new facility broke ground fall 2017 and will celebrate it’s grand opening in late 2018

The McKenzie Co. Healthcare System• Crestwood pledged $150,000 to the McKenzie County Healthcare

Systems’ new medical facility in Watford City, ND• The new medical facility serves up to 58,000 patients a year with

inpatient and outpatient care and the ability to meet to primary and urgent care needs of the community

• The donation gives Crestwood naming rights to the nursing station in the new facility

Ongoing Annual Community Projects • West Segment Thanksgiving

• Sponsor Mandaree Pow Wow

• Buffalo Trail Days in Epping, ND

• Annual Halloween Party

Page 5: WDEA Annual Meeting Presentation Title November …...2018/11/07  · 2 • 1,350 miles of pipeline • 2.8 Bcf/d gathering • 1.4 Bcf/d transport • 865 MMSCFD processing • 79

Connections for America’s Energy™ ™™ ™™ ™ 5

Arrow Crude Overview

Page 6: WDEA Annual Meeting Presentation Title November …...2018/11/07  · 2 • 1,350 miles of pipeline • 2.8 Bcf/d gathering • 1.4 Bcf/d transport • 865 MMSCFD processing • 79

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Colt and Arrow Connections – Flow Assurance

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COLT HUB

ARROW CENTRAL DELIVERY POINT

BAKKENLINK PIPELINE

TESORO PIPELINE

TESORO PIPELINE

ENBRIDGE PIPELINE

COLT CONNECTOR

ENBRIDGE PIPELINEDRY FORKS TERMINAL

MEADOWLARK GATHERING SYSTEM

ENBRIDGE PIPELINE

TESORO PIPELINE

HILANDPIPELINE

COLT Connections • At Dry Fork (Beaver Lodge)

– Tesoro (bi-directional)– Enbridge

• At Epping– Meadowlark (Summit)– Hiland– Truck Unloading– Truck Loading– DAPL

Arrow Connections • Hiland• Tesoro (bi-directional)• BakkenLink• DAPL • Truck Unloading• Truck Loading

DAKOTA ACCESS PIPELINE

DAKOTA ACCESS PIPELINE

Page 7: WDEA Annual Meeting Presentation Title November …...2018/11/07  · 2 • 1,350 miles of pipeline • 2.8 Bcf/d gathering • 1.4 Bcf/d transport • 865 MMSCFD processing • 79

Connections for America’s Energy™ ™™ ™™ ™

COLT Hub and Connector – Flow Assurance

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Sourcing Capacity Storage Capacity Takeaway Capacity

COLT Hub links Bakken crude supply to prime markets

• >290,000 Bbls/d− COLT Connector− Tesoro pipeline− Hiland (KM) pipeline− Summit/Meadowlark

pipeline− Truck deliveries

• 1.2 MM Bbls (working cap)− Largest storage position in the basin − Tradable market − Point of liquidity for buyers and sellers− Creditworthy counterparties

• >350,000 Bbls/d− 160,000 Bbls/d rail loading to

West/East Coast− COLT Connector− Take-away pipeline outlets

through Tesoro, Enbridge and DAPL

Page 8: WDEA Annual Meeting Presentation Title November …...2018/11/07  · 2 • 1,350 miles of pipeline • 2.8 Bcf/d gathering • 1.4 Bcf/d transport • 865 MMSCFD processing • 79

Connections for America’s Energy™ ™™ ™™ ™ 8

Arrow NGL Overview

Page 9: WDEA Annual Meeting Presentation Title November …...2018/11/07  · 2 • 1,350 miles of pipeline • 2.8 Bcf/d gathering • 1.4 Bcf/d transport • 865 MMSCFD processing • 79

Connections for America’s Energy™ ™™ ™™ ™

NGL Logistics Platform and Take-Away Solution

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Crestwood NGL Services links Bakken Shale liquids to downstream markets

NGL Overview

• +150 Trucks in the US, 15+ in Bakken• Planning with producers to increase capacity• +25 MBbls/d of NGL Bakken over all take-

away capacity• Highly experienced team in the entire NGL

value chain• Currently moving +325MBls/day• 3.0 MMBbls of NGL US storage (mostly NE)

NGL Terminal Overview

• +10 MBbls/d of raw mix and purity products transloading capacity, in the process of adding an additional 10 MBbls/day of capacity

• Y-Grade connections with Oneok• Working on Y-grade connection with

Andeavor • NGL trucking services allows for flexible origin

point deliveries (processing plants, wellheads, etc.)

Page 10: WDEA Annual Meeting Presentation Title November …...2018/11/07  · 2 • 1,350 miles of pipeline • 2.8 Bcf/d gathering • 1.4 Bcf/d transport • 865 MMSCFD processing • 79

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Arrow ProjectsUpdate

Page 11: WDEA Annual Meeting Presentation Title November …...2018/11/07  · 2 • 1,350 miles of pipeline • 2.8 Bcf/d gathering • 1.4 Bcf/d transport • 865 MMSCFD processing • 79

Connections for America’s Energy™ ™™ ™™ ™

Crestwood 2018 Projects

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Station 1 Pumps & Compression

SWD Expansions

Existing GatheringNew Gas Gathering In-ServiceNew Water Gathering In-Service

Existing FacilityNew Facility Project In-Service

Section 14-17 Pump Station

New Facility Project In Progress

New Gas Gathering In ProgressNew Water Gathering In Progress

Page 12: WDEA Annual Meeting Presentation Title November …...2018/11/07  · 2 • 1,350 miles of pipeline • 2.8 Bcf/d gathering • 1.4 Bcf/d transport • 865 MMSCFD processing • 79

Connections for America’s Energy™ ™™ ™™ ™

Station 1 Pumps – Near Complete

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Page 13: WDEA Annual Meeting Presentation Title November …...2018/11/07  · 2 • 1,350 miles of pipeline • 2.8 Bcf/d gathering • 1.4 Bcf/d transport • 865 MMSCFD processing • 79

Connections for America’s Energy™ ™™ ™™ ™

Station 1 Compression - Complete

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Page 14: WDEA Annual Meeting Presentation Title November …...2018/11/07  · 2 • 1,350 miles of pipeline • 2.8 Bcf/d gathering • 1.4 Bcf/d transport • 865 MMSCFD processing • 79

Connections for America’s Energy™ ™™ ™™ ™

Station 4-7 Loop – In Progress

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Page 15: WDEA Annual Meeting Presentation Title November …...2018/11/07  · 2 • 1,350 miles of pipeline • 2.8 Bcf/d gathering • 1.4 Bcf/d transport • 865 MMSCFD processing • 79

Connections for America’s Energy™ ™™ ™™ ™

Compressor Station 8 (Largest in the Bakken) – In Progress

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Page 16: WDEA Annual Meeting Presentation Title November …...2018/11/07  · 2 • 1,350 miles of pipeline • 2.8 Bcf/d gathering • 1.4 Bcf/d transport • 865 MMSCFD processing • 79

Connections for America’s Energy™ ™™ ™™ ™

Bear Den Plant 2 - In Progress

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Scope and Status UpdateSCOPE• Expansion of the existing Bear Den Gas Plant complex to include a

single 120 MMcf/d cryogenic plant. The additional facility capacity of the 120 MMcf/d provides ample processing capacity for the forecasted activity levels. Inlet slug catcher, stabilizer system and gas processing.

STATUS UPDATEEngineering & Procurement• Engineering & Procurement 75% complete

Facility Construction as of 9/30• Construction 9% complete overall

• Major earthwork completed • Screw piles – 67% complete• Concrete – 73% complete• Steel – 24% complete• Equipment (received & set) – 7% complete• Piping – 2% complete

Schedule• On-track to meet 8/1/19 in-service date.

Safety Performance Schedule SummaryHours 114,801 Approved AFE 11/9/17 ARecordable Incidents 0 Cryo Kit NTP 11/24/17 ATRIR 0 Construction Start 4/23/18 AProperty/Vehicle Damage 3 Start of Civil/Foundation 7/30/2018 AEnvironmental Releases 0 P&ID's IFC 8/24/18 ANear Misses 5 Commissioning Start 06/28/19Line Strikes 0 In-Service Date Project 08/01/19

Page 17: WDEA Annual Meeting Presentation Title November …...2018/11/07  · 2 • 1,350 miles of pipeline • 2.8 Bcf/d gathering • 1.4 Bcf/d transport • 865 MMSCFD processing • 79

Connections for America’s Energy™ ™™ ™™ ™

Bear Den Plant 2 - In Progress

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Page 18: WDEA Annual Meeting Presentation Title November …...2018/11/07  · 2 • 1,350 miles of pipeline • 2.8 Bcf/d gathering • 1.4 Bcf/d transport • 865 MMSCFD processing • 79

Connections for America’s Energy™ ™™ ™™ ™

Bear Den Plant 2 - In Progress

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Page 19: WDEA Annual Meeting Presentation Title November …...2018/11/07  · 2 • 1,350 miles of pipeline • 2.8 Bcf/d gathering • 1.4 Bcf/d transport • 865 MMSCFD processing • 79

Connections for America’s Energy™ ™™ ™™ ™

Arrow 2019 Expansion Projects

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Station 5 Compression

Bear Den II Plant

Existing GatheringNew Gas Gathering

New Oil GatheringNew Water Gathering

Existing FacilityNew Facility Project

Station 4 Compression

Station 8 Compression

Page 20: WDEA Annual Meeting Presentation Title November …...2018/11/07  · 2 • 1,350 miles of pipeline • 2.8 Bcf/d gathering • 1.4 Bcf/d transport • 865 MMSCFD processing • 79

Connections for America’s Energy™ ™™ ™™ ™

Gas Constraints Projects

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• Crestwood plans to implement 5 projects totaling 21 miles of new gas pipeline and supplemental compression to increase overall gas capacity to and reduce well pad pressures.

Existing GatheringNew Gas Gathering

Existing FacilityNew Facility Project

Page 21: WDEA Annual Meeting Presentation Title November …...2018/11/07  · 2 • 1,350 miles of pipeline • 2.8 Bcf/d gathering • 1.4 Bcf/d transport • 865 MMSCFD processing • 79

Connections for America’s Energy™ ™™ ™™ ™21

Water Constraints Projects

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• Crestwood plans to implement 4 projects totaling 13 miles of new water pipeline and supplemental pump capacity to increase overall water gathering capacity.

Existing GatheringNew Water Gathering

Existing FacilityNew Facility Project

Page 22: WDEA Annual Meeting Presentation Title November …...2018/11/07  · 2 • 1,350 miles of pipeline • 2.8 Bcf/d gathering • 1.4 Bcf/d transport • 865 MMSCFD processing • 79

Connections for America’s Energy™ ™™ ™™ ™ 22

Produced Water Gathering & Disposal

Year 2016 2017 2018* 2019*

BBLs 10,156,000 12,940,000 19,126,000 25,550,000

CO2 Tons 10,480 13,350 19,735 26,365

Miles 1,767,000 2,252,000 3,328,000 4,445,000

TRUCKS

REMOVED

EACH

DAY

350

262

177139

Positive Community Impact on Safety, Environment, and Roads* Estimates based on capacity

Page 23: WDEA Annual Meeting Presentation Title November …...2018/11/07  · 2 • 1,350 miles of pipeline • 2.8 Bcf/d gathering • 1.4 Bcf/d transport • 865 MMSCFD processing • 79

Connections for America’s Energy™ ™™ ™™ ™

Closing Remarks

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Page 24: WDEA Annual Meeting Presentation Title November …...2018/11/07  · 2 • 1,350 miles of pipeline • 2.8 Bcf/d gathering • 1.4 Bcf/d transport • 865 MMSCFD processing • 79

Connections for America’s Energy™ ™™ ™™ ™ 24

Closing Remarks – Thank You

Bakken producers continue to accelerate their drilling activity, creating a need for increased gathering capacity, processing, and NGL take-away systems

The company has committed over $600 million in capital to Bakken projects

Crestwood’s Bear Den plants will reduce flaring, enhance producer net backs and provide greater flow assurance

Expansion projects will be part of the solution to relieve flaring and increase productivity

Crestwood’s Operating Principle’s are a critical keystone in key community relationships and Crestwood’s future success

Page 25: WDEA Annual Meeting Presentation Title November …...2018/11/07  · 2 • 1,350 miles of pipeline • 2.8 Bcf/d gathering • 1.4 Bcf/d transport • 865 MMSCFD processing • 79

Connections for America’s Energy™ ™™ ™™ ™ 25