SUGAR LAND, TX–(Marketwired – Dec 4, 2015) – Researched by Industrial Info Resources (Sugar Land, Texas) — Oil production in the Niobrara Shale steadily increased from more than 113,000 barrels per day (BBL/d) in January 2007 to a peak of 463,000 BBL/d in May 2015, according to the U.S. Energy Information Administration (EIA). The growth in production led to multiple pipeline projects to meet the region’s increased demand for takeaway capacity.
Within this article: Details and status of three proposed pipeline projects from the Denver-Julesburg Basin in Colorado to Cushing, Oklahoma by Magellan Midstream Partners (NYSE:MMP), NGL Energy Partners LP (NYSE:NGL) and Plains All American Pipeline LLC (NYSE:PAA).
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Brian Ford
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