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April 2020 Monthly Update North Dakota Pipeline Authority Justin J. Kringstad April 14, 2020

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April 2020 Monthly UpdateNorth Dakota Pipeline Authority

Justin J. KringstadApril 14, 2020

US Williston Basin Oil Production - 2019

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US Williston Basin Oil Production - 2020

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Monthly Production Change

Estimated Williston Basin Oil Transportation

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February 2020

Estimated Williston Basin Oil Transportation

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Estimated ND Rail Export Volumes

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Rail Destinations Market Share (Jan 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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$63.77

$58.98

$52.47

$48.44

$64.55

EIA January 2020 Refiner Acquisition Cost

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Cushing $21.16

Brent $29.97WTI + $8.81

Crude Oil Prices – Apr. 14, 2020

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Pricing Data: Bloomberg &

CME (LLS-Argus)LLS (Argus)WTI - $3.29

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.

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.

Feb. 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 April 7, 2020 SEO and January 2020 AEO Blend

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Solving the Flaring Challenge

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Major Gas Pipeline and Processing Infrastructure

WBI Transmission

M.P.

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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