Bakken
News
June 23, 2015
High noon for the Obama administration’s stricter rules for fracing on public lands has arrived on the Wyoming range.
News
June 22, 2015
Hedge funds reduced both bullish and bearish bets on oil for a fourth week as rising OPEC output was met with forecasts for a contraction in U.S. supply.
News
June 15, 2015
HOUSTON -- Halliburton’s Completion Tools business line, a long-standing industry leader in total composite plug technology, has introduced the Illusion frac plug, the only fully dissolvable frac plug on the market.
News
June 08, 2015
The shale oil boom that turned the U.S. into the world’s largest fuel exporter and brought $3 gasoline back to America’s pumps is grinding to a halt.
News
May 22, 2015
While the 12 counties with Bakken production between North Dakota and Montana have lost the majority of their horizontal rigs over the last eight months, core areas of the shale play remain attractive, especially as oil prices creep towards $70/bbl, says an analyst with research and consulting firm GlobalData.
News
May 18, 2015
ConocoPhillips said it’s capable of supplying U.S. oil to the global market and reiterated a call to end the nation’s ban on crude exports.
News
May 12, 2015
Oil prices are set to slide as their rally to the highest level this year threatens to prolong a global glut, according to Goldman Sachs Group Inc.
News
May 12, 2015
The U.S. lost about 1% of the oil production flowing from its shale formations this month, and the decline is just starting.
Article
May 2015
Perhaps the most significant, extensive changes in crude-by-rail transportation were made on May 1, 2015, by the U.S. Department of Transportation (DOT) and its agencies, the Federal Railroad Administration (FRA) and Pipeline and Hazardous Materials Safety Administration (PHMSA). The changes are contained in a “final rule” for “the safe transportation of flammable liquids by rail.”
Article
May 2015
The Class 1 railroads are back in the U.S. crude oil business. Now, the hard part.
News
May 06, 2015
A BNSF Railway train carrying crude oil derailed in North Dakota, setting several tank cars on fire and prompting the evacuation of nearby residents, U.S. and local authorities said.
News
April 23, 2015
Think the U.S. is awash in crude now? Thank the fracklog that it’s not worse.
News
April 23, 2015
Statoil has awarded a major carbon dioxide (CO2) supply and service contract to Denver-based Ferus LP, a provider of energized fluids (liquid CO2 and liquid nitrogen) to the North American oil and gas industry.
News
April 16, 2015
The profitability of some U.S. shale wells at current prices will almost double as cost cutting and technology turns them into cash gushers despite oil’s crash.
News
April 16, 2015
Saudi Arabia led a surge in OPEC crude oil production in March.
News
April 13, 2015
The shale oil boom that pushed U.S. crude production to the highest level in four decades is grinding to a halt.
News
April 10, 2015
HOUSTON – The U.S. rig count has dropped below 1,000 for the first time since September 2009, according to the latest data from Baker Hughes.
News
April 07, 2015
Magellan Petroleum has concluded that the CO2-EOR pilot project at Poplar oil field has been a technical success, and demonstrates that the CO2-EOR technique is a technically viable tertiary recovery method in the Charles formation at Poplar Dome, the company said Tuesday.
News
March 25, 2015
Wood Mackenzie's breakeven analysis of more than 800 individual assets in the Lower 48 reveals dramatic variations in the viability of company asset bases and sub-plays.
News
March 15, 2015
Whiting Petroleum, the North Dakota oil explorer, has attracted interest from Exxon Mobil and Continental Resources as it explores a sale of the entire company, people with knowledge of the situation said.
News
March 11, 2015
A decision by Whiting Petroleum, the largest producer in North Dakota’s Bakken shale basin, to put itself up for sale looks to be the first tremor in a potential wave of consolidation as $50/bbl prices undercut companies with heavy debt and high costs.
