New oil-transportation ventures to drive up production in N.D. next year
A pipeline-expansion project and the scheduled startup of a shipping station near Stanley, N.D., could boost the state's production of more than 230,000 barrels per day by another 50% in 2010, state regulators and industry officials said. If oil prices remain higher than $60 a barrel, the state could be generating up to 400,000 barrels of oil per day over the next five years, said Lynn Helms, director of the state Department of Mineral Resources.
Washington Post, The | 11/09
This story published in API SmartBrief on 11/10/2009
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