The timing may be tight, but it appears the Canadian oilpatch will be able to keep adding production without exhausting all available pipeline space in the coming months.

With a string of new pipeline expansions and projects progressing, it’s providing industry leaders and analysts confidence in the ability to add more egress, as was done in the early 2000s.

It’s also a far different outlook for the sector than in the past decade, which saw several large projects derailed or stuck in regulatory and legal limbo.

SUBSCRIBER EXCLUSIVE: FP West: Energy Insider brings you behind the oilpatch’s closed doors with exclusive insights from insiders every Wednesday morning.

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“It feels like kind of . . . back to the mid 2000s to say 2010-ish. It’s like that period again where we’re kind of on the edge of something really big,” Trans Mountain Corp. CEO Mark Maki said in an interview.

“There’s a number of things that have to come together. Now, you go back six years . . . there were barely any chess pieces on the board or puzzle pieces,” added Bevin Wirzba, CEO of South Bow Corp. “Now, there’s a lot of pieces on the board, but they’re not all connected yet.”

The comments, made last week at the Energy Roundtable event, capture the momentum on the pipeline front as Canadian oil output continues to climb.

On Friday, South Bow announced that its open season — a process to determine long-term shipper interest in the company’s proposed Prairie Connector project, which would move more barrels from Western Canada into the U.S. —........

© Calgary Herald