RE:other newsGood news, Crew has finished it's second well on the pad and is now drilling it's 3rd well.
Gambler it may be old news but here a piece on the Pipestone to FT Sask KAPS pipeline. Keyera announced that they will start construction in 2021.
Key Access Pipeline System (KAPS) There’s one pipeline that has been flying under the radar, but it has one Heartland company excited about future growth.Travelling from Fort Saskatchewan to the northwest of Grand Prairie, the Key Access Pipeline System (KAPS) pipeline will collect condensate and other petroleum liquids produced with natural gas in the Montney and Duvernay regions and bring it to the liquids processing and storage hub at Fort Saskatchewan. The pipeline will consist of a 16-inch pipeline for condensate and a 12-inch pipeline for natural gas liquids mix. The project cost of $1.3 billion is shared 50/50 between Keyera and SemGroup Corporation.
One Year Deferral of the KAPS Capital Project
Keyera along with its partner, SemCAMS Midstream ULC, have agreed to defer construction of KAPS, the previously approved Montney condensate and natural gas liquids pipeline system, for approximately one year. Regulatory activities will continue throughout 2020, positioning the project for construction activities in the second half of 2021. The project remains highly desired by industry as it provides an additional and alternative transportation solution for condensate and natural gas liquids from liquids-rich developments in northwestern Alberta. With the cooperation of the KAPS customers, all transportation agreements have been amended to support the one-year deferral. There have been no changes to the long-term volume commitments as a result of this deferral; accordingly, expectations at this time are that economic returns will be materially consistent with prior guidance.