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Bakken News

ND oil boom, not everyone good with it

Park ranger and rancher John Heiser, who raises cattle near Grassy Butte and works in Theodore Roosevelt National Park’s North Unit, is fed up with the truck traffic and environmental degradation of what he calls ‘the Bakken curse.’ (BARTLEY KIVES / WINNIPEG FREE PRESS) GRASSY BUTTE, N.D. — On the western fringe of North Dakota, not far from the Montana ...

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Peregrine Petroleum Investing in ND Gas and Oil Projects

Peregrine Petroleum

DALLAS and HOUSTON, Aug. 19, 2013 /PRNewswire/ — Texas-based Peregrine Petroleum is continuing the company’s oil and gas exploration and development activities in the Bakken and Three Forks Shale in North Dakota’s Williston Basin region following last year’s acquisition of 3,210 acres of producing leases from Colorado-based Ranch Oil Company. Peregrine recently filed drilling spacing unit applications in the Pierre Creek ...

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Infocast’s 4th Annual Bakken Infrastructure Finance & Development Summit 2013

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BISMARCK, ND–(Marketwired – Aug 21, 2013) – Exciting new production techniques have turned the Bakken Shale play into an energy success story, where crude production surged from 274,000 barrels per day in January 2011 to 673,000 in January 2013. Pipelines are full to capacity as they transport Bakken crude to refineries across the country. Crude-by-rail traffic has gone through the ...

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Effects of oil on Crosby, the positive kind

crosby nd

CROSBY Tim Gjovig more than doubled the size of his Hardware Hank store in Crosby when he rebuilt to accommodate the business volume that he was seeing. Now in his new building for just over a year, he’s already wishing the store was bigger. “There’s just so much going on around here,” said Gjovig, whose store is experiencing a demand ...

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Bakken outskirts hold minerals as well

North Dakota mineral acreage

BISMARCK, N.D. — More than 54,000 mineral acres of land were up for lease Tuesday, many of which are on the periphery of areas with much oil and gas production. State Land Commissioner Lance Gaebe said tracts of land from 13 counties in the western and central part of the state were up for lease during the North Dakota Department of ...

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Waste Management expands reach to Bakken region

The U.S. oil and gas boom may be sweeping the nation, but it’s also producing a lot of garbage, and Houston-based Waste Management is expanding to clean it up. North America’s largest waste company said Thursday it had acquired two businesses focused on helping oil companies manage their refuse from the Bakken Shale play in North Dakota. Waste Management already ...

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Oil may be booming in North Dakota, but real estate is slow to follow

Billboard ND open for business

While billions of dollars of oil money is flowing freely to North Dakota, investment in new real estate has not followed. With demand far outpacing supply, rents and land prices are sky-high, and residents have few retail options. By Ernest Scheyder and Ilaina Jonas, Reuters / June 30, 2013 Williston, N.D./New York Money and workers are pouring into Williston, the capital ...

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Faces of the Boom: Blessed in the Bakken

The Bakken Boom

SIDNEY, Mont. – Patty Kneeland feels so blessed to be an oilfield wife, she wears a reminder around her neck. Kneeland and her husband, Bruce, moved to the Bakken region of eastern Montana two years ago after they closed a bar and restaurant they operated in the opposite side of the state for 10 years. The seasonal business in the ...

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