Dakota Gold to develop Bakken-Three Forks crude terminal

Dakota Gold Transfer-Plaza LLC plans to develop a crude oil transload terminal in Mountrail County, ND. Sited on 350 acres in the eastern section of the Bakken and Three Forks shale oil producing areas and served by Canadian Pacific Railway (CP), the Plaza Terminal will allow shipment to multiple markets via rail and pipeline.

Dakota Gold is a joint venture between its president and chief executive officer, Cody Moe, and the TrailStone Group, majority-owned by Riverstone Holdings LLC. The Mountrail County Commission approved Dakota Gold’s application for a conditional use permit and its request to have the site rezoned for industrial use.

Dakota Gold plans to break ground on Plaza Terminal later this year and expects storage and high-speed rail loading service to be available second-half 2015. The company plans beginning direct truck-to-train transload service roughly 90 days after construction starts.

The terminal, with an initial 70,000-b/d train loading capacity, will aggregate crude oil produced in Mountrail and neighboring counties via gathering pipelines and trucks, providing storage on-site. Initial storage capacity will be 309,000 bbl, with second-phase expansion to more than 600,000 bbl planned. Terminal design includes two loop tracks with storage for one to two additional trains on the leased private rail spur connecting to CP, a covered loading barn, a 14-arm system capable of loading a unit train in about 14 hr, 15 truck unloading bays, and three 103,000-bbl tanks.

Dakota Gold is working with various midstream companies to develop gathering connections to the Plaza Terminal. The company is also talking with pipeline companies to develop outbound pipeline service from the Plaza Terminal.

Dakota Plains Holdings Inc. and Hiland Partners LP last week reported signing an interconnection agreement linking Dakota Plains’ Pioneer Rail terminal in New Town, ND, with Hiland’s Market Center gathering system crude oil pipeline network. The companies expect to commission the interconnection Oct. 31 (OGJ Online, Aug. 19, 2014).

Contact Christopher E. Smith at chriss@ogjonline.com.

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