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Williston Basin Pipeline is a natural gas pipeline system which moves gas between Wyoming, Montana, South Dakota, and North Dakota. It is owned by MDU Resources Group. Its FERC code is 49.
The company markets and transports hydrocarbons through an integrated network of gathering pipelines, storage tanks, rail, and truck terminals. [15] Its pipeline business consists of 2,328 kilometres (1,447 mi) of pipeline gathering systems that transport crude oil from the Williston Basin in Manitoba and Saskatchewan.
The company's common stock began trading on the New York Stock Exchange under the ticker symbol MDU in 1948. By the 1960s it was decided that the company's headquarters should be located within its service territory, in Bismarck, the largest town on the system, and the relocation was completed in 1968.
The Bakken Shale - a vast formation underlying parts of North Dakota, Montana, and South Dakota - has taken the U.S. by storm. Counties in North Dakota that were previously as quiet as a graveyard ...
But some companies are making good money off the oil in the Williston Basin, and it's not too late for investors to get. In a previous article, we talked about the U.S. oil boom and why it's not ...
"The transaction significantly expands the company’s position in the Williston Basin with the addition of 307,000 net acres (70 percent working interest). Production from the acquired properties ...