Bakken and Niobrara Crude Takeaway and Markets 2015
Organization: American Business Conferences
|Event Date/Time: Jan 28, 2015||End Date/Time: Jan 29, 2015|
The exponential growth in crude production volumes in the Bakken shows no sign of slowing. Having broken the 1 million b/d barrier in 2013, 2014 has seen over 20% in further growth with volumes going over 1.2 million b/d. Meanwhile, the nearby Niobrara play has itself hit 370 thousand b/d, representing a 260% increase since 2012 adding further strain to takeaway capacity in the Rockies.
However, despite this continued boom in production, takeaway capacity and markets for Bakken and Niobrara crude have failed to keep up. With many key pipeline projects being delayed or cancelled, crude by rail regulations tightening and U.S. refineries being flooded with light sweet crude from other plays, there has never been a more urgent need for new midstream infrastructure and market destinations to be established.
To help with this, this year's 4th Annual Bakken and Niobrara Crude Takeaway and Markets 2015 has been totally revamped to focus 100% on crude for the first time and include additional perspectives from the Niobrara to provide a comprehensive picture of developments in takeaway infrastructure serving the Rockies region. Speakers at the event will forecast crude production volume increases and provide updates on the timescales, capacities and destinations of new rail & pipeline takeaway projects serving the Bakken and Niobrara to determine whether how they can create sufficient markets to meet rising production volumes in the Rockies.
Now well established as the yearly platform where Bakken & Niobrara E&Ps set their annual midstream strategy, the event will feature exclusive project updates on proposed new pipelines projects, plans for expanding rail destinations and capacity, views from refineries on their 2015 strategies for absorbing additional Bakken crude and detailed production forecasts from E&Ps working on the play.