Mergers And The Bakken, What’s Next?
Production from the Bakken shale in the Williston Basin grew rapidly in the last decade, with horizontal drilling and fracking techniques pioneered by a number of operators.
North Dakota Oil And Gas Holding ‘steady state’ But Keeping An Eye On Market Uncertainty
January’s oil production saw a slight dip, North Dakota’s energy sector appears to be maintaining a steady course, according to the latest Director’s Cut meeting from the Department of Mineral Resources (DMR).
New Bill To Expand North Dakota’s Oil Footprint With Tax Breaks
House Bill 1483, which would expand an oil extraction tax exemption outside the Bakken and Three Forks formations.
Another Possible Oil Boom In The Bakken
Have you ever heard of the “Three Forks Play”? There’s a reservoir that lies in The Bakken shale, that according to researchers contains 250 million barrels of crude that has yet to be untapped. Apparently it’s also not too deep in the ground.
October Wildfires In The Bakken Impact Oil Production
Wildfires in October attributed to a decline in oil and gas production in the state that month, according to the director of the North Dakota Department of Mineral Resources.
North Dakota Oil Expects Positive Responses with President-elect Donald Trump
North Dakota’s oil production climbed to just under 1.2 million barrels per day in September.
Exxon seeks buyers for portion of assets in North Dakota’s Bakken shale
NEW YORK, Oct 15 (Reuters) – Top U.S. oil producer Exxon Mobil Corp (XOM.N), opens new tab plans to sell a portion of its assets in North Dakota’s Bakken shale formation, the company told Reuters on Tuesday.
ND Oil, gas production numbers down slightly from July
BISMARCK – North Dakota produced 1.167 million barrels of oil a day in July, down about 1.5% in July but 6% above the revenue forecast, according to the assistant director of the North Dakota Department of Mineral Resources. In June, the state produced 1.186 million barrels of oil a day.
North Dakota reports oil production surge of nearly 2M barrels
State’s oil and gas industry experienced significant growth in June, with increased production and operational wells being driven by technological advancements and favorable market conditions.