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2017 was a year of optimism for the upstream oil and gas industry. With oil prices upwards of US$60 per barrel (bbl), investment stabilising, and new project sanctions on the rise, Wood Mackenzie suggests that 2018 will also be a year of confidence for industry stakeholders, as tight oil will enter its second great phase of
Oneok recently announced plans for a 900-mile natural gas liquids pipeline that will accommodate increasing North Dakota production and play a role in reducing natural gas flaring. The proposed Elk Creek Pipeline will have the capacity to transport up to 240,000 barrels per day of natural gas liquids from a terminal near Sidney, Mont., to
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