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Author Archives: John Bestoloffe

By John Bestoloffe | Google+ My name is John Bestoloffe and I write for Shale Plays Media LLC which owns Bakken.com, Marcellus.com, and EagleFordTexas.com, Permianshale.com, Haynesville.com, and Niobrarachalk.com. Writing has always been my passion and now I am able to live my dream of being a Journalist. I went to school at North Dakota State University and live in Fargo ND with my wife and 2 children. As I start out in my new adventure reporting on the various Shale plays here in ND, I feel a sense of accomplishment in realizing my dream. When I’m not writing, I enjoy mountain biking, hunting, cruising on my motorcycle, and fishing.

Pennsylvania Poised to Open State Parks for Drilling Operations

Tiadaghton State Forest

John Bestoloffe , Shale Plays Media The Pennsylvania Department of Conservation and Natural Resources announced in 2010 that the state needed to stop leasing additional forest land or it would inflict significant damage to the local ecosystem. It issued a report stating that any additional expansion of fracking in the region would have long-term repercussions on the health and productivity ...

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Crude Weekly Update

market

Growing oil Inventories Crude oil prices fell further on weakening winter demand and easing Ukraine tensions. The increase in crude and distillate stockpiles also pressured prices. On oil inventory, the EIA reported that total crude oil and petroleum products stocks rose 2.18 million barrels to 1034.86 million barrels in the week ended February 28. Crude stockpile increased 1.43 million barrels ...

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Shell Drops out of Eagle Ford

shell

By: John Bestoloffe , Shale Plays Media Due to their recent disappointing domestic shale operations results, Royal Dutch Shell PLC will be ceasing investments in the Eagle Ford Shale. According to the San Antonio Business Journal, Shell will be cutting their U.S capital by 20 percent  due to this decision. Shell PLC is the number one natural gas and oil producer ...

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Crude Weekly Update

gas

Growing oil Inventories Growing stockpiles of US crude oil caused a dip in oil futures this week as a US government report estimated more inventory than expected in previous weeks. According to the EIA on March 12, crude oil supplies were up 7.2 million bbl at week end. Inventories are above average for this time of year. Results of a ...

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Oil Boom Hindering Agriculture Transportation in Midwest

grain

By: John Bestoloffe , Shale Plays Media North Dakota has faced many variations of growing pains due to the recent oil boom in the western part of the state. Schools are strained, housing costs are exponentially higher, and crime rates are constantly growing. Aside from the social strain small North Dakota towns are under, the local rail companies are also facing ...

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Weekly Crude Market Update

china

Oil Inventories The February 28 week end showed a gain in US crude oil stocks. According to data from the U.S. Energy Information Administration on Wednesday, imports also rose lightly causing refiners to cut rates. The week end showed U.S. crude oil stocks topping out at 2.88% over the EIA five-year-average. At Cushing, Oklahoma, the New York Mercantile Exchange (NYMEX) ...

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Weekly Crude Market Update

oil

Oil Inventories The weekly government report indicating crude oil inventories was followed by a small gain in crude oil prices at the Feb. 26 week end, but the gain was not as big as analysts anticipated. Compared with the week prior, the US Energy Information Administration predicted a gain well below the 800,000 bbl increase estimated by analysts polled by the Wall Street ...

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Oil boom Lulls, Leaves behind Whimsy Instead of Holes

oil rig with cow

By: John Bestoloffe , Shale Plays Media After the flow of oil has gone from many small US towns, they usually become somewhat deserted. Small surges of industry’s ghosts remain scattered around a once prosperous area. In Luling, Texas they are pursuing a different perspective on big oil’s absence. In 1922, a man from Massachusetts named Edgar B. Davis discovered ...

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