•  
  •  
  •  
  •  
  •  
  • Untitled Document
    Untitled Document

    Dakota Plains, Hiland to link Bakken gathering pipeline to terminal

    Dakota Plains Holdings Inc. and Hiland Crude LLC

    Dakota Plains Holdings Inc. (NYSE MKT:DAKP) and Hiland Crude LLC, a wholly owned subsidiary of Hiland Partners LP, jointly report the execution of an interconnection agreement that links Dakota Plains’ Pioneer Rail Terminal in New Town, North Dakota, with Hiland’s Market Center Gathering System crude oil pipeline network. Construction for the final link is underway and is expected to be commissioned by Oct. 31.

    Hiland’s gathering system is the largest in the Bakken shale play, traversing through the heart of the field in Divide, Dunn, Mountrail, McKenzie, and Williams counties in North Dakota, as well as Richland and Roosevelt counties in Montana. Hiland’s gathering system has multiple connection points into pipeline outlets and crude by rail terminals, with the Pioneer Terminal being the only Canadian Pacific Railway origin. The connection to the Pioneer Terminal is expected to have an initial capacity of greater than 15,000 barrels a day and easily expanded to supply 60,000 barrels of oil per day.

    Chairman and CEO of Dakota Plains, Craig McKenzie, said, “This new infrastructure provides another source of oil supply to the Pioneer Terminal. We now have two gathering pipelines in addition to our ten stations dedicated to oil supplied by truck. The Hiland pipeline is an important link to the western area of the Williston Basin, effectively expanding our supply radius to enable cost effective delivery of oil to the Pioneer Terminal. We believe the connection with Hiland provides a substantial increase in value to the Pioneer Terminal for our three current shippers and will assist us in attracting incremental shippers in the future.”

    Jim Suttle, senior vice president of Hiland Crude, said, “Our connection into the Dakota Plains terminal is a continued part of our efforts to cover every element of crude oil transportation in the Bakken. In connecting to the Pioneer Terminal on the Canadian Pacific Railway network, we can now offer our clients access to every market outlet in the Bakken.”

    Most Popular

    Related Articles

    Apache executive Eichler to retire

    06/19/2015

    Apache Corp. has confirmed that, after a 21-year career with the company, Rodney J. Eichler, executive vice president and executive advisor to the CEO, will retire at the end of June.

    MIC appoints new CFO

    06/19/2015

    Macquarie Infrastructure Corp. says that Liam Stewart has been seconded by the company’s manager, Macquarie Infrastructure Management (USA), to serve as CFO of MIC, effective June 30. 

    Philo joins Energistics as president and CEO

    06/18/2015 Ross Philo has joined Energistics as its president and CEO. Energistics is a global, not-for-profit, membership organization created to serve as a neutral body to facilitate and manage open data, i...

    Origin Energy makes board change

    06/18/2015

    Origin Energy Ltd. says that Sir Ralph Norris has advised that he will not seek reelection at the company’s 2015 Annual General Meeting, and will retire prior to that date.

    Frontera Resources appoints director

    06/18/2015

    Frontera Resources Corp., an independent oil and gas exploration and production company, has appointed Zaza Mamulaishvili to the board as an executive director of the company.

    SPE selects Judah as 2017 president

    06/18/2015 The Society of Petroleum Engineers (SPE) has selected Janeen Judah, general manager for Chevron’s Southern Africa Business Unit, as its 2017 president. Judah will take office as president-elect on ...

    More Oil & Gas Financial Articles

    Apache executive Eichler to retire

    Fri, Jun 19, 2015

    Apache Corp. has confirmed that, after a 21-year career with the company, Rodney J. Eichler, executive vice president and executive advisor to the CEO, will retire at the end of June.

    MIC appoints new CFO

    Fri, Jun 19, 2015

    Macquarie Infrastructure Corp. says that Liam Stewart has been seconded by the company’s manager, Macquarie Infrastructure Management (USA), to serve as CFO of MIC, effective June 30. 

    Philo joins Energistics as president and CEO

    Thu, Jun 18, 2015

    Ross Philo has joined Energistics as its president and CEO. Energistics is a global, not-for-profit, membership organization created to serve as a neutral body to facilitate and manage open data, information, and process standards for the upstream oil and gas industry.

    Origin Energy makes board change

    Thu, Jun 18, 2015

    Origin Energy Ltd. says that Sir Ralph Norris has advised that he will not seek reelection at the company’s 2015 Annual General Meeting, and will retire prior to that date.

    Frontera Resources appoints director

    Thu, Jun 18, 2015

    Frontera Resources Corp., an independent oil and gas exploration and production company, has appointed Zaza Mamulaishvili to the board as an executive director of the company.

    OGFJ photo of the day


    Click to view slideshow

    Oil & Gas Jobs

    Search More Job Listings >>
    Subscribe to OGFJ