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Under the agreement, Bison will exclusively manage all of Marathon's produced water infrastructure, as well as any future acreage operated by Marathon within a 5.4 million acre dedicated area.
The company plans to spend $10 million on the project this year, and has contracts to start transporting 75,000 bbl/d for up to three years, Kinder Morgan CEO Steven Kean told investors.
The open season is to solicit additional shipper commitments for transportation service from the Bakken/Three Forks play in North Dakota to storage terminals located in Illinois and Texas.