Bakken
News
December 10, 2018
ConocoPhillips, the world’s largest independent oil producer, sees shale production growing 25% next year even as crude prices tumble, proving the industry’s resilience in volatile markets, said CEO Ryan Lance.
News
August 22, 2018
U.S. Energy Corp. has announced that it has entered into an exclusive non-binding Memorandum of Understanding to acquire oil and natural gas producing properties targeting the Bakken formation of North Dakota.
News
July 12, 2018
PetroShale Inc. has announced that it has entered into an agreement with an independent oil and gas company to acquire high-quality, light oil-weighted assets in the core of its focus area in the North Dakota Bakken.
News
June 14, 2018
Magnolia Petroleum plc, the U.S. focused oil and gas E&P company, has announced that it has signed a non-binding agreement with a third party for the sale of all its wells in which it has varying interests in North Dakota, being approximately 31 wells, for a total consideration of $1.5 million.
News
May 07, 2018
With breakthroughs in drilling technology reducing costs and crude oil prices near $70/bbl, wells in North Dakota are turning into cash cows.
News
March 13, 2018
Nutrient-rich ash from an enormous flare-up of volcanic eruptions toward the end of the dinosaurs' reign kicked off a chain of events that led to the formation of shale gas and oil fields from Texas to Montana.
News
March 12, 2018
As the price of oil goes, so goes Williston, North Dakota. Now, though, the community located deep in the state’s Bakken shale play is working to break free from the industry’s boom-and-bust cycles.
Article
March 2018
Recycling produced water cuts disposal costs
Article
February 2018
Shale operators are increasing U.S. crude production in response to oil prices that are, so far, trending more favorably this year, due largely to decisions by OPEC and Russia to curb production.
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
December 08, 2017
Valorem Energy, LLC, announced that it has closed on its acquisition of LINN Energy, Inc.’s Williston basin interests for a purchase price of $285 million.
News
December 01, 2017
In North Dakota’s Bakken region, the ratio of natural gas production relative to crude oil, known as the gas-oil ratio, has been gradually increasing since 2008 and has increased at a faster rate since 2014.
News
November 10, 2017
ExxonMobil Corp. is drilling shale wells that stretch farther than the length of New York’s Central Park.
News
October 23, 2017
Linn Energy, Inc., has announced that it has signed a definitive agreement to sell its interest in properties located in the Williston basin to an undisclosed buyer for a contract price of $285 million, subject to closing adjustments.
News
August 15, 2017
Whiting Petroleum Corporation has agreed to sell its Fort Berthold Indian Reservation area assets, located in Dunn and McLean Counties, N.D., to RimRock Oil & Gas Williston, LLC. The cash purchase price is $500 million, subject to customary adjustments.
Article
August 2017
Drilling activity is noticeably higher, as American drillers climb out from historically low levels.
News
July 11, 2017
Shale oil producer Halcón Resources Corp. said it would sell most of its North Dakota operations for $1.4 billion cash, part of a plan to shift its focus to Texas' Permian basin, the largest U.S. oilfield.
Article
June 2017
Uniquely non-welded wear bands reduced friction and wear, helping to increase ROP.
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
December 29, 2016
Shale oil companies are ready to play chicken with supply and demand again.
News
December 05, 2016
The U.S. Army Corps of Engineers denied Energy Transfer Partners a permit to build a section of the $3.8-billion Dakota Access Pipeline in North Dakota after weeks of opposition from Native Americans, environmentalists and other groups.
