Project Profile
Value: US$2.6 billion
Location: From Beaver Lodge, ND to Superior, Wis., USA
Capacity: 25,000 b/d to the existing 210,000 b/d of capacity. The project also includes a new 375,000 b/d,
Length: 375 miles and 233 miles pipelines
Start-up Year: 2019
Marathon Petroleum Corp. signed with Enbridge Energy Partners LP as an anchor shipper for the Sandpiper Project crude oil pipeline, which will become part of Enbridge\'s North Dakota System when completed.
Sandpiper will run from North Dakota across the Midwest to Texas, expanding and extending the Bakken shale takeaway capacity of the North Dakota System by 225,000 b/d to a total of 580,000 b/d. Enbridge is conducting an open season to solicit commitments from shippers for capacity created by Sandpiper. Sandpiper will include 375 miles of new 24-in. OD line , adding 225,000 b/d to the existing 210,000 b/d of capacity. The project also includes a new 375,000 b/d, 233-mile, 30-in. OD line to be built extending the North Dakota System from Clearbrook to connect with Enbridge’s Lakehead Pipeline mainline terminal at Superior, Wis.
Sandpiper will cost US$2.6 billion. Marathon will fund 37.5% of its construction, earning a 27% interest in the North Dakota System when Sandpiper is placed into service based on this commitment and participation in the pipeline’s open season. Marathon will have the option to increase its ownership interest to 30% through additional investments in future system improvements. The Sandpiper open season closes on January 24, 2014.
Operators:
Enbridge Energy Partners LP: Operator with 73% interest
Marathon Petroleum Corp.: 27% interest