TransCanada is acquiring land in Nebraska for the Keystone XL pipeline. The process was able to begin once an alternate route was agreed upon and involves acquiring easements, which allows TransCanada to use land for long-term access without actually handing over ownership.
Construction of the pipeline is expected to begin in 2019. Keystone XL is one of three lines planned that will expand markets for the U.S. and open up Asia as a potential importer. The other two have not had final approval to move forward from the companies expected to construct them, but have deadlines of May 1st and mid-June.
Market access is a key factor in the pipelines and if it is not expanded, investors may not move ahead with additional heavy oil production.