Niobrara Infrastructure Companies Work to Catch Up with Producers
Niobrara Infrastructure Companies Work to Catch Up with Producers
Attachment: Niobrara Formation Spending
SUGAR LAND--March 27, 2013--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--As Oil & Gas Producers, Processors and Transporters develop the Niobrara Formation, they are trying to learn from the--and prevent another--Bakken Formation, where production rapidly and dramatically outstripped infrastructure capacity, creating large logistical bottlenecks and imposing costly price penalties on producers of oil, natural gas and natural gas liquids (NGLs).
Other companies featured: Anadarko Petroleum Corporation (NYSE:APC), Phillips 66 (NYSE:PSX), Spectra Energy Corporation (NYSE:SE)
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