SOURCE: Industrial Info Resources

Industrial Info Resources

September 25, 2013 06:15 ET

Gas-Gathering Network Is Achilles' Heel for North Dakota Energy Industry, an Industrial Info News Alert

BISMARCK, ND--(Marketwired - Sep 25, 2013) - Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- Billions of dollars have been invested in recent years to process and transport North Dakota's crude oil, natural gas and natural gas liquids (NGLs), speakers said at a recent Oil & Gas conference in Bismarck, North Dakota. The state's natural gas processing capacity is well-geared to current and projected production, while NGL processing capacity is tight, but adequate. The energy industry's Achilles' heel in North Dakota, speakers agreed, is a lack of natural gas-gathering capacity, which contributes to the high percentage of natural gas flaring.

Other companies featured: Triangle Petroleum Corporation (NYSE:PTLM), SAIC Incorporated (NYSE:SAI), Energy Transfer Partners LP (NYSE:ETP)

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