Calgary-based South Bow reports increased income despite April pipeline spill

The company that operates the Keystone pipeline says it expects an in-depth report to be available in September on the impact of an April 8 leak near Fort Ransom, N.D.

But Calgary-based South Bow doesn’t expect it to reveal any wide-spread problems with the pipeline that runs 4,327 kiolmetres from Hardisty, Alta. to refineries in Illinois, Oklahoma and Texas.

The leak of about 3,500 barrels forced the company to shut the pipeline down for about a week, to allow for cleanup efforts that were completed in early June.

South Bow’s chief operating officer Richard Prior said early tests found the source of the failure was a crack on a seam weld but the company will know more once results of the third party root cause failure analysis are out next month.

“From everything that we’ve seen so fa