Tallgrass CEO doubts Bakken production profile supports pipeline expansions [Seeking Alpha]
TALLGRASS ENERGY LP (TGE)
Last tallgrass energy lp earnings: 8/2 06:45 am
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Source: Seeking Alpha
Tallgrass CEO doubts Bakken production profile supports pipeline expansions - Tallgrass Energy, LP (NYSE:TGE) | Seeking Alpha Energy Tallgrass CEO doubts Bakken production profile supports pipeline expansions Jul. 26, 2019 6:38 PM ET | Tallgrass Energy, LP (TGE) Carl Surran North Dakota's Bakken Shale has been setting production records for the first time since the 2014 downturn, but Tallgrass Energy (NYSE: doubts the need for more large pipeline expansions "Long-term, at $50-$60 oil, will the Bakken become that 2M-plus bbl/day market it needs to be, to support everything that is being talked about but not yet built?" Dehaemers said during yesterday's earnings conference call Recently proposed pipeline capacity included two lines for crude oil originating in the Bakken: One would nearly double the existing 570K bbl/day Energy Transfer (NYSE: PSX Lynn Helms, head of North Dakota's Department of Mineral Resources, said last week that exploration and production companies in the sta
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