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A North Dakota Native American tribe purchased an unused pipeline from the energy company Enbridge to help deliver oil from wells on its reservation to the wider market.
The Mandan, Hidatsa and Arikara Nation announced the deal on Friday but did not disclose how much it paid. The tribe said it expects the pipeline, which will connect oil facilities on the Fort Berthold Reservation to Enbridge’s large pipeline network, to be operational within a year.
“This is an important step in increasing our ability to bring our oil and gas trust assets to market,” Tribe Chairman Mark Fox told the Bismarck Tribune.
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An oil pipeline from Enbridge Energy Co. is located outside of Goodfield, Illinois, on Oct. 8, 2013. On Friday, the Mandan, Hidatsa, and Arikara Nation of North Dakota announced that the tribe has purchased an oil pipeline from Enbridge. (Daniel Acker/Bloomberg via Getty Images)
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There are more than 2,600 active oil and gas wells on the reservation that produced an average of 144,190 barrels of oil per day in February, according to the most recent figures from the state Department of Mineral Resources. Regulators estimate there is potential for 3,911 additional oil and gas wells in the reserve.
The 50-mile pipeline is closest to the transhipment and oil storage facility of the tribe’s Thunder Butte Petroleum subsidiary. It can transport 15,000 barrels per day.
Mike Koby, vice president of US liquid pipelines for Calgary, Alberta-based Enbridge, said the MHA Nation will be the first tribal shipper on an Enbridge pipeline. Owning the pipeline will benefit the tribe financially, he said.
North Dakota Native American Tribe Buys Idle Oil Pipeline
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