Oil Boom Creates Infrastructure Needs
The American Oil & Gas Reporter
Sugarland, Tx.-based Rangeland Energy LLC plans to provide producers with an open-access crude oil marketing hub in North Dakota, says Chief Executive Officer Christopher Keene. The company’s planned COLT Hub in Williams County and the COLT Connector line are expected to be in service by December 2011, he says.
“We felt that an open-access marketing hub did not really exist in North Dakota to the extent that it does in other crude oil- producing areas,” Keene explains. “Crude oil supplies eventually revolve around ter- minals that are hubs and provide industry players with options, which is key.”
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