WTI Crude--
Brent Crude--
Natural Gas--
ND Rig Count--
WTI Crude--
Brent Crude--
Natural Gas--
ND Rig Count--
ND Commits $500M to WBI Energy's Bakken East Gas Pipeline - Bakken Wire
Pipeline & Infrastructure

ND Commits $500M to WBI Energy's Bakken East Gas Pipeline

State Industrial Commission finalizes financial backstop for project to move 1 Bcf/d from McKenzie County to eastern ND by 2030.

Bakken Wire Staff·🔆Midday Wire·

The North Dakota Industrial Commission has unanimously voted to commit up to $500 million in state funding to WBI Energy’s planned Bakken East natural gas pipeline, according to the North Dakota Monitor. Tuesday's vote finalizes a financial backstop for the project, which was selected over a competing applicant last summer.

The Bakken East pipeline is designed to move 1 billion cubic feet of natural gas per day from McKenzie County in the heart of the Bakken to central and eastern North Dakota. WBI Energy, a subsidiary of MDU Resources, expects to bring the pipeline online by the end of 2030.

Gov. Kelly Armstrong, chair of the three-member Industrial Commission, said the commission is excited the project is moving forward. “The goal of the Legislature was both financial incentive and promotional incentive. I think both of those things are occurring,” Armstrong said, according to the Monitor. “This is going to be great in the short term, and it’s going to be great for the long term for North Dakota.”

The 2025 Legislature authorized the up to $500 million financing package, which is being provided through the state purchasing a portion of the pipeline’s transport capacity. The Industrial Commission also includes Agriculture Commissioner Doug Goehring and Attorney General Drew Wrigley.

Justin Kringstad, executive director of the North Dakota Pipeline Authority, received authorization to execute the agreement. He noted that after a closed-door briefing last month on the status of negotiations with potential shippers and customers, the need for state support remained. “Those details were revealed, and the need remained for that $50 million per year from the state side to continue advancing this forward,” Kringstad said, according to the Monitor source.

The commitment provides a critical financial guarantee for infrastructure aimed at moving more Bakken natural gas to in-state markets. This helps address the region's gas capture challenges and provides a stable outlet for producers. The project moved forward after a formal process earlier this year where potential gas shippers and customers, such as power plants or large industrial users, could express interest.

The pipeline represents a major state-backed investment in midstream infrastructure to support the long-term viability of the Bakken oil field. By creating a dedicated route for gas to eastern North Dakota, the project aims to add value to a resource that has often been constrained by pipeline capacity.

Source

North Dakota Monitor (Bing News)

pipelinenatural gasinfrastructurewbi energymdu resourcesnorth dakota industrial commissionbakken eastmckenzie county

Share this article

Related Articles

Global Midstream Moves Highlight Strategic Shifts as Bakken Exports Compete - Bakken Wire
Pipeline & Infrastructure

Global Midstream Moves Highlight Strategic Shifts as Bakken Exports Compete

International midstream and refining developments reported this week highlight the complex global market in which Bakken crude competes for buyers and favorable transport routes. In Australia, Buru Energy said it plans to build a mini-refinery to supply the Kimberley region, according to Rigzone. The project is part of a new sales model for volumes from the Ungani field in the Canning Basin. While not directly related to North Dakota, such small-scale, localized refining projects represent a global trend toward securing regional fuel supply chains, a contrast to the Bakken's primary role as an exporter of light sweet crude to larger, distant refineries. Separately, the Dangote Group has offered East African countries a 30 percent equity stake in a giant refinery planned for the region, Rigzone reported, citing a Kenyan presidential adviser. The development of major new refining capacity in Africa could alter long-term crude flow patterns and competition for market...

☀️Morning Wire·Aug 22
Global Midstream News Highlights Refinery Plans, Shipping Risks - Bakken Wire
Pipeline & Infrastructure

Global Midstream News Highlights Refinery Plans, Shipping Risks

International midstream and refining developments reported Friday highlight the global context for North Dakota's oil exports, with new projects emerging and persistent shipping risks affecting crude flows. In Australia, Buru Energy said it plans to build a mini-refinery to supply the Kimberley region, according to Rigzone. The project is part of a new sales model for volumes from the Ungani field in the Canning Basin. While a small-scale project, it reflects a broader industry trend toward localized refining to capture value from stranded or marginal resources. Separately, the Dangote Group has offered East African countries a 30 percent equity stake in a giant refinery planned for the region, Rigzone reported, citing a Kenyan presidential adviser. This major infrastructure development aims to serve the East African market, potentially altering long-term refined product trade flows. Meanwhile, shipping disruptions continue to pose risks to global crude movements. Various tankers, including from the Sinokor...

🌅Afternoon Wire·Aug 21
Global Tensions Lift Oil Near $94; Mid-East Export Routes Shift - Bakken Wire
Pipeline & Infrastructure

Global Tensions Lift Oil Near $94; Mid-East Export Routes Shift

Global oil prices climbed to a one-month high near $94 per barrel this week as new U.S. threats against Iran raised fears of a prolonged conflict, according to Rigzone. The increase in geopolitical risk provides underlying support for Bakken crude prices, which are benchmarked against global markers. In response to security threats, Saudi Arabia is altering its crude export logistics. Shipowners, including Sinokor Group, are helping shuttle Saudi oil north to evade Houthi militants targeting exports via the Bab el Mandeb chokepoint in the southern Red Sea, Rigzone reported. This rerouting underscores ongoing volatility in key global shipping lanes that can affect crude flow and pricing. Meanwhile, Norway's natural gas production rose for a second consecutive month in July, with preliminary figures showing output of about 12.38 billion cubic feet per day, Rigzone reported. As a major supplier to Europe, sustained production from Norway helps balance global gas markets, indirectly...

🔆Midday Wire·Aug 21