Bakken
News
June 13, 2023
In 2024, Ovintiv expects to deliver total company oil and condensate production of greater than 200 Mbpd with total capital investment of $2.1 billion to $2.5 billion. The company's production profile is expected to normalize by mid-year 2024 with second-half 2024 oil and condensate production stabilizing at 200 Mbpd.
News
February 08, 2023
Mature wells that are producing more gas than expected are hurting crude output from the Bakken, the Energy Information Administration said.
News
January 04, 2023
With these transactions, ProFrac has expanded its geographic footprint to include the Rockies and Bakken, and increased its pressure pumping and manufacturing presence in the Northeast.
News
April 28, 2022
B3 Insight announced the launch of a complete produced water dataset that covers all of North Dakota including the extensive Bakken Shale Play.
News
March 10, 2022
Exxon Mobil Corp. is considering a sale of assets in North Dakota’s Bakken shale after being approached by interested parties, according to people with knowledge of the matter.
News
February 16, 2022
ConocoPhillips is supplying a Bitcoin mining project with natural gas from the Bakken shale of North Dakota in a first for a major U.S. producer.
News
February 02, 2022
Vitol Group, the world’s largest independent oil trader, is partnering with shale specialists who formerly led Brigham Exploration Co. to expand amid the highest crude prices in seven years.
News
January 06, 2022
A deep-freeze in Canada and Northern U.S. is disrupting oil flows, causing a surge in crude prices just as American stockpiles are declining.
News
February 01, 2018
The Bakken shale is roaring back to life, and Kevin Black sees the evidence almost every day as he looks out the window of his blue Ford F-150 pickup truck.
News
March 28, 2017
Prices for light crude surged after an oil-sands upgrader shut for maintenance and reduced supply caused by preparations to place the Dakota Access pipeline into service.
News
November 09, 2015
Fairmount Santrol has reported a successful six-well field trial using its proprietary Propel SSP proppant transport technology. Initial 90-day oil production increased 39% compared with offset wells.
News
October 14, 2015
Summit ESP, an electric submersible pump systems provider, has completed its 5,000th ESP installation during the third quarter of 2015 on a well for Denbury Resources, the CHSU - ML 13-09SH in Bowman County North Dakota at a setting depth of 8,400 ft.
News
October 02, 2015
Encana Corp. wants to ensure the shale-oil boom keeps booming. The Canadian producer is among a growing number of companies that are restricting initial output—a process known as choking back—in basins from North Dakota to Texas.
News
September 09, 2015
Continental Resources is to spend approximately $300 million to $350 million less than its previously approved capital budget for 2015 to better align spending with cash flow at current commodity prices.
News
August 31, 2015
WPX Energy has agreed to sell a North Dakota gathering system for approximately $185 million toa private equity fund managed by the Ares EIF Group, a subsidiary of Ares Management, L.P.
News
August 12, 2015
The lowest crude prices since 2009 might still not be enough to end the U.S. energy renaissance.
News
July 30, 2015
Black Stallion Oil & Gas, Inc. confirms that it will start to execute a detailed exploration program on the 12,233-acre Woodrow Prospect in Teton county, northwest Montana, within the Alberta Basin Bakken fairway.
News
July 29, 2015
Torgrim Reitan, who’s about to take charge of Statoil's U.S. business after serving as CFO since 2011, has one priority: improve profitability by cutting costs.
News
July 02, 2015
Drillers put rigs in U.S. oil fields back to work for the first time since December, driving down crude futures on speculation that an unprecedented retreat from the country’s prolific shale formations is ending.
News
July 02, 2015
Hess has completed the sale of a 50% interest in its Bakken midstream assets to Global Infrastructure Partners for a cash consideration of $2.675 billion, the company announced Wednesday.
News
June 25, 2015
WPX Energy plans to increase its activity in the Williston basin during the second half of 2015 by resuming completions and increasing its rig count from one to three before year-end.
