New ND Polypropylene Facility Will Use Bakken Gas as Feed | Russell T. Rudy Energy LLC
Badlands NGL, LLC and its partners will invest $4 billion in a polyethylene plant in North Dakota which will use natural gas as its feedstock. Polyethylene is used in the manufacture of a number of industrial and consumer plastics and the plant will produce 3.3 billion pounds a year. The plant will also provide 500 jobs.
This could not come at a better time for operators in the Bakken shale who are struggling to meet new state mandated flaring regulations. According to some estimates, $100 million worth of natural gas is being flared each month due to lack of gathering, processing and transportation facilities. While operators such as Statoil, ASA, General Electric, Ferus Natural Gas Fuels, and Continental Resources are vigorously pursuing solutions, the problem is far from solved.
In a recent press release, North Dakota Governor Jack Dalrymple said “This project is fully aligned with our goals to reduce flaring, add value to our energy resources right here in North Dakota, and create diverse job opportunities across the state. By advancing the responsible development of our energy resources, and by adding value to all of our resources, the opportunities in North Dakota are boundless.”
To read the article in its entirety, please go to www.rigzone.com/news/oil_gas/a/135502/Producers .
