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US Williston Basin Oil Production - 2020
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July 2020 Monthly Update North Dakota Pipeline Authority Justin J. - - PowerPoint PPT Presentation
July 2020 Monthly Update North Dakota Pipeline Authority Justin J. - - PowerPoint PPT Presentation
July 2020 Monthly Update North Dakota Pipeline Authority Justin J. Kringstad July 17, 2020 US Williston Basin Oil Production - 2020 2 2 JJ Kringstad - North Dakota Pipeline Authority Monthly Production Change 3 JJ Kringstad - North Dakota
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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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(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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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 JJ Kringstad - North Dakota Pipeline Authority
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Cushing $40.86 Brent $43.36 WTI + $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, Director North Dakota Pipeline Authority 600 E. Boulevard Ave. Dept. 405 Bismarck, ND 58505-0840 Phone: (701)220-6227 Fax: (701)328-2820 E-mail: jjkringstad@ndpipelines.com Websites: www.pipeline.nd.gov www.northdakotapipelines.com
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JJ Kringstad - North Dakota Pipeline Authority
Contact Information
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