Rail Destinations Market Share (Oct 2018) Data for Rail Destination Market Share Provided by the US Energy Information Administration JJ Kringstad - North Dakota Pipeline Authority 5 5
Bakken Breakeven Price Range (20% IRR) Bakken Breakeven Prices 6 - 8 Million Completed Wells Cost Background Map: Esri, HERE, DeLorme, MapmyIndia, OpenStreetMap contributors, and the GIS user community JJ Kringstad - North…
Bakken-Three Forks Drilling Inventory Study www.northdakotapipelines.com JJ Kringstad - North Dakota Pipeline Authority 13 13
Cumulative Remaining Wells Peak Month Minimum BOPD 30-Day Initial Production (BOPD) JJ Kringstad - North Dakota Pipeline Authority 14 14
Years Remaining* / Minimum Wellhead Oil Price *Assumes 1,200 Completions Per Year and 7MM Well Costs (20% After Tax IRR) JJ Kringstad - North Dakota Pipeline Authority 15 15
Statewide Oil Performance 13% Improvement Over 2017 JJ Kringstad - North Dakota Pipeline Authority 16 Statewide Average BKN/TF Well Performance 16
North Dakota Oil Production Forecast Assumes Current Technology Enhanced Oil Recovery Not Included JJ Kringstad - North Dakota Pipeline Authority 17 17
North Dakota Oil Production Forecast Assumes Current Technology Enhanced Oil Recovery Not Included JJ Kringstad - North Dakota Pipeline Authority 18 18
JJ Kringstad - North Dakota Pipeline Authority 19 19
Williston Basin Oil Production & Export Capacity, BOPD Assumes Current Technology Enhanced Oil Recovery Not Included Production forecast is for visual demonstration purposes only and should not be considered accurate for any near…
NDPA North Dakota Gas Production Forecast Assumes Current Technology Enhanced Oil Recovery Not Included JJ Kringstad - North Dakota Pipeline Authority 21 21
NDPA North Dakota Production Forecast Summary Assumes Current Technology Enhanced Oil Recovery Not Included JJ Kringstad - North Dakota Pipeline Authority 22 22
Solving the Flaring Challenge GREEN % of gas captured and sold Blue % flared from zero sales wells Orange % flared from wells with at least one mcf sold. Simple Terms Blue Lack of pipelines Orange Challenges on existing…
Bakken and Three Forks Gas Performance Dunn McKenzie Mountrail Williams JJ Kringstad - North Dakota Pipeline Authority 24
Solving the Flaring Challenge Assumes Current Technology Enhanced Oil Recovery Not Included JJ Kringstad - North Dakota JJ Kringstad Pipeline - North Authority Dakota Pipeline Authority 25 25
Solving the Flaring Challenge Assumes Current Technology Enhanced Oil Recovery Not Included JJ Kringstad - North Dakota JJ Kringstad Pipeline - North Authority Dakota Pipeline Authority 26 26
Major Gas Pipeline and Processing Infrastructure Upcoming or Andeavor Recent Plant Expansion WBI Transmission JJ Kringstad - North Dakota JJ Kringstad Pipeline - North Authority Dakota Pipeline Authority 27 27
Northern Border Pipeline 42 Pipeline Carries Canadian (Port of Morgan) and Domestic Gas Receives Gas From ND Plants, WBI Transmission Interconnections, and WY Pipelines (Bison & Grasslands) Midcontinent Deliveries JJ…
Simplified Example NB Calculations Conclusion: IF no other gas export options open and all other deliveries on other pipelines stay static, ND gas production could increase 1.11-1.41 BCFD (from Oct-18) before Northern Border is 100%…
Now What 30 JJ Kringstad - North Dakota Pipeline Authority 30 30
Regional NGL Infrastructure Kinder JJ Kringstad - North Dakota Pipeline Authority 31
North Dakota Captured* NGLs 32 JJ Kringstad - North Dakota Pipeline Authority *Non-flared NGLs & Assumes 32 10 GPM 32