We are tracking 38 Oil & Gas Operators and 104 pipeline permits added last week in Western Canada.
About Pipeline Permits
Pipeline permits include gathering or transport pipelines of a liquid, gas or oil through a system of pipes. In both the United States and Canada, more crude oil, petroleum products, and natural gas are transported in pipelines than by all other modes combined. In the U.S., 70% of crude oil and petroleum products are shipped by pipeline. 23% of oil shipments are on tankers and barges over water. Trucking accounts for 4% of shipments, and rail 3%. In Canada, it’s even more lopsided. Almost all (97%) of natural gas and petroleum products are transported by pipelines. Truck trailers are increasingly used for short distance delivery to fill jobs and projects as the energy continues to expand in Canada and the US.
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Top Pipeline Permit by Operator Summary
Wolf Midstream is a private, Calgary-based company that owns and operates energy assets in Western Canada they are approved for a 102KM pipeline permit. They Operate the The Alberta Carbon Trunk Line (ACTL) system. It is the world’s newest integrated, large-scale carbon capture, utilization and storage (CCUS) system.
Imperial Oil had an 8.6KM new pipeline permit approved near to 23-066-03-W4 (Naibye plant). The map below shows the project location. Imperial Oil Nabiye Plant was estimated to cost $2 billion. The company noted that the Nabiye lease has a production profile of 30 years. Once operational, the project will boost Imperial’s heavy oil production by 10%.
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