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Bakken News

Emerald Oil makes multiple operational annoucements

DENVER, CO–(Marketwired – September 09, 2013) – Emerald Oil, Inc. (NYSE MKT: EOX) Emerald Oil Announces Sale of Substantially All Non-Operated Assets for $113 million Increases Production Guidance Provides Operational Update Surpasses Year End Operated Acreage Target Reaffirms Current Borrowing Base Emerald Oil, Inc. (NYSE MKT: EOX) (“Emerald” or the “Company”) today announced that it has sold substantially all of ...

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Stories from the ND oil patch


Man camps Oil workers live in trailer parks, like this one near Watford City, ND. (Ben Garvin) Independent radio producer Todd Melby lives more than 600 miles from his wife and kids in a basement in western North Dakota. It’s such a desolate area, he says, that “some East Coast intellectuals once suggested turning it back to the buffalo.” Yet ...

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More details regarding the Bakken crude derailment


As U.S. regulators and Canadian investigators home in on the calamitous July derailment of a 73-car oil train in Quebec, one question lingers, fraught with consequences for crude shippers: Did the contents of the rail cars fuel the disaster’s intense explosion and fire? If the Bakken crude that slammed into the small town of Lac-Mégantic is linked to the severity ...

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Bakken News Round-up: Law Enforcement, Education Impacted, and Sakakawea Oil Spill?

bakken round up

Divide County deputies keep busy Divide County deputies couldn’t get much busier. At the same time on a recent weekend they were dealing with two separate domestic violence cases while also assisting emergency responders with a call that someone was threatening to harm himself. Three semi accidents, two sets of slashed tires and two driving under the influence cases along ...

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Tips offered to increase Bakken transportation safety


Traffic in the Bakken continues to rise. So too does the number of accidents. To help drivers avoid accidents, The CTS Winter Defensive Driver Training held a seminar at the Bakken Oil Expo today. Throughout the Bakken traffic accidents are up, which has become a cause for concern for anyone living in the state. Traveling can be especially difficult during the winter months. So ...

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Hess proving to be a big player in the Bakken


While it might only be the third-largest driller in North Dakota, Hess (NYSE: HES)  has drilled 18 of the 50 top producing wells in the Bakken region over the past two years. The company is focusing on three areas to drive its overall Bakken performance: well costs, productivity, and price realization. This should enable the company to deliver superior returns. Looking ...

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One-on-One with Harold Hamm

Harold Hamm

WILLISTON, N.D.—Washington’s fixation on Harold Hamm, the onetime top energy adviser to Republican presidential candidate Mitt Romney, has waned since the former Massachusetts governor lost the 2012 race. But as long as America is booming with oil, as it is here in the Bakken shale-oil fields of North Dakota, Hamm will be more relevant than he ever was in Romney’s ...

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Oil Pipeline Shutdown Weakens Bakken Numbers

Oil and Gas Pipeline

Crude from the Bakken shale formation weakened against the U.S. benchmark West Texas Intermediate an oil pipeline shutdown occurred from Clearbrook, Minnesota, to the Twin Cities area because of a leak. Bakken fell 50 cents a barrel to a discount of $4.50 a barrel over WTI at 2:08 p.m. New York time, according to data compiled by Bloomberg. Koch Pipeline Co. LP is testing ...

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