Tesoro to move Bakken crude oil via rail

By OGJ editors
HOUSTON, July 15
-- Tesoro Corp. plans to transport crude oil via a dedicated unit train from the Bakken shale formation in North Dakota to its 120,000-b/cd refinery in Anacortes, Wash. Once permits are received, construction of unloading terminals at the refinery could take a year to complete.

Tesoro expects to spend $50 million on this project. Currently, Tesoro’s refinery takes delivery of 1,000-2,000 b/d of Bakken crude. Upon completion of the Anacortes rail project, Tesoro expects to deliver as much as 30,000 b/d of Bakken oil to the refinery.

“The high-quality, cost-advantaged crude oil will allow the company to decrease dependence on foreign waterborne feedstocks and declining Alaska North Slope production,” Tesoro said in a July 15 news release.

Tesoro executed a long-term agreement with Rangeland Energy LLC for access to Rangeland's crude loading terminal and pipeline facility in Williams County, ND. It will have a direct connection to Tesoro Logistics' High Plains crude oil gathering system, is expected to be in service by the first quarter of 2012.



Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...