Rangeland Plans Open-Access Crude Oil Marketing Hub In North Dakota

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Rangeland Energy LLC plans to build, own and operate a crude oil loading terminal and pipeline in Williams County, ND.  Known as the COLT Hub and the COLT Connector, the terminal and pipeline facilities are expected to be in service by December 2011. Located in the prolific Bakken and Three Forks shale oil producing areas, COLT will provide producers and marketers with the first open-access crude oil marketing hub in North Dakota. 
  Rangeland filed a letter of intent with the North Dakota Public Service Commission in November 2010 to build the COLT Connector, a 20-mile crude oil transmission pipeline in Williams County.  The pipeline will connect Rangeland’s planned crude oil loading terminal, the COLT Hub, located near Epping, ND, to a point of interconnect with multiple existing and planned crude oil pipelines eight miles south of Tioga, ND.
  Served by BNSF Railway Company, the COLT Hub will load both unit-train and manifest shipments of crude oil to markets throughout North America, including crude oil receiving terminals along the Gulf Coast.
  The hub will also provide crude oil handling and storage services through on-site tankage and access to multiple downstream crude oil markets through the COLT Connector and railcar loading facilities.