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WBI Energy Reaches Positive Final Investment Decision to Build Bakken East Pipeline

MDU
  • MDU Resources Group, Inc. board approved a Final Investment Decision to construct the Bakken East Pipeline Project via subsidiary WBI Energy.
  • The 350-mile pipeline will transport natural gas from western North Dakota to near Fargo, featuring an initial design capacity of 1.4 Bcf per day.
  • Estimated construction costs range from $2.7 billion to $3.2 billion, including four new compressor stations & modifications to three existing ones.
  • Construction is scheduled for 2028 through 2030, with Phase 1 (Bakken to central ND) targeted for completion in late 2029.
  • Phase 2, extending to a compressor station near Mapleton, ND, aims for completion in late 2030.
  • The North Dakota Industrial Commission voted unanimously in August 2025 to support the project with a $50 million annual capacity commitment for 10 years.
  • MDU Resources is currently evaluating debt, equity, & potential partnership financing structures to fund the initiative.
  • The project is designed with flexibility to accommodate anticipated future growth in the Bakken region.