Long-haul pipe coming on this year and next will meet current needs, but a new wave of LNG export terminals will require significant further investment.
Still reeling from the momentum lost during the COVID-19 pandemic, Williston basin producers have struggled to realize the consistent oil production growth seen prior to 2020.
Oil and natural gas producers with assets across the Midcontinent are tailoring capital spending to the Bakken Shale in North Dakota, as well as parts of the Anadarko Basin in Oklahoma that are higher in oil content.