Midstream Development Continues Apace in the Bakken and Niobrara

摘要

Not so very long ago during the boom days of the Bakken and Niobrara, more than a few producers wondered aloud why gathering and processing could not keep up with drilling plans and actual liftings. Now, most midstream operators are carrying on with plans to complete gathering, processing and transportation projects, despite the steep drop in rig counts in the Bakken and Niobrara and revised production forecasts that call for growth to slow to essentially a plateau. Some of the producers that had been hectoring their midstream partners to hurry along might now be breathing more private sighs of relief at the slow but steady pace of midstream growth in the two basins.