Energy Transfer's Dakota Access Pipeline to Expand to 570,000 bpd

The Dakota Access pipeline system’s capacity has been boosted to 570,000 barrels per day as production in the Bakken shale basin has climbed to record highs, Energy Transfer LP said on Thursday.

Due to the surge in demand, Energy Transfer said it is considering more expansions on the system and it would be able to add capacity by increasing horsepower to boost throughput.

The shale revolution has helped propel the United States to the position of world’s biggest crude oil producer. In North Dakota’s Bakken region, shale production is estimated to rise about 13,000 bpd to a record 1.45 million bpd in March. The U.S. total crude production has climbed to a weekly record of 11.9 million bpd.

Source:
Reuters