Bismark, ND — The North Dakota oil industry, which is the country’s biggest and most powerful, is expanding its footprint in South Dakota, as a new pipeline project that runs through the state’s pipeline corridor is expected to benefit the state and its citizens.
The project, which will be the largest in the nation and is expected eventually to bring up to 2 million barrels of oil per day from the Bakken formation in North Dakota, is being built by the state-owned Dakota Access Pipeline Company, or DAPL.
The company has hired some of the country ‘s top pipeline engineers and is working to get the project moving.
The company plans to open its first crude oil production terminal in South Bismart, a town in South Sioux County, on Monday, which also marks the completion of the $5 billion pipeline.
The pipeline is expected not only to improve oil production in South America, but also help boost the local economy.
The company expects to increase production in the Bakkah, Sundance and Eagle Ford shale formations.
The Bakken plays the largest oil reserves in the United States.
The pipeline will eventually run through the area’s largest reservoir, the Upper Missouri River, where it will pass through the heart of the city of Bismast.
The oil company also plans to expand its operations in the state, which accounts for about 15 percent of the United State’s crude oil exports.
The region is also home to about 80 percent of its natural gas reserves.DAPL’s oil terminal has been a long time coming.
It was approved in February, but there was still a long way to go before construction started.
The state’s oil and gas commission approved the project in December, but the pipeline was still being built and environmental concerns were still mounting.
After several delays and lawsuits, the company filed a lawsuit last week to get a final permit to start construction.
The U.S. Army Corps of Engineers granted the permit on Monday.
Construction is expected begin next year.