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Bakken asset sales require background check – regulators

To prevent inexperienced buyers taking control of infrastructure in Bakken asset sales, North Dakota regulators require background checks before approval. (Image: Range Resources Corp. Handout photo)

Last week North Dakota’s top energy regulator admitted he was concerned about investment groups such as hedge funds buying oil assets in the state. According to Reuters media, this concern is prompting Department of Mineral Resources Director Lynn Helms to run background checks on potential buyers. During a monthly conference call Helms said he is worried that some buyers will ...

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ND Governor to O&G – Preserve Little Missouri State Park

Last week Gov. Jack Dalrymple implored that an oil company developing an expansive drilling unit to be mindful of Little Missouri State Park as work in the area continues. As reported by Forum News Service, Dalrymple made the comment after the Industrial Commission, North Dakota’s three-member oil and gas regulatory body, received updated information about the progress of the Corral ...

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Bakken crude – Davis refinery update

Meridian Energy Group says the proposed refinery project in Belfield, North Dakota is on schedule. (Image: Rongy Benjamin via Flickr)

California-based Meridian Energy Group provided the public with an update to how its new North Dakota Bakken crude refinery is progressing. According to a news release, progress on the Davis Refinery in Belfield is making headway. Meridian has contracted engineering firm Vepica USA to provide preliminary studies of the proposed refinery, including the process simulation modeling of the proposed 55,000 ...

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Dalrymple to meet with EPA chief to discuss CO2 standards

North Dakota Gov. Jack Dalrymple plans to meet with EPA officials to discuss CO2 emissions. The EPA Clean Power Plan has been met with resistance and is considered unnecessary federal overreach.

BISMARCK, N.D. (AP) — Gov. Jack Dalrymple said he will meet with the head of the Environmental Protection Agency in Washington, D.C., on Sunday to discuss the agency’s proposed carbon emissions standards for existing coal-based power plants. Dalrymple is meeting with EPA administrator Gina McCarthy to encourage the agency to reconsider its approach to further reduce carbon dioxide emissions from ...

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Top 5 Bakken stories of the week — February 13-20

bakken oil and gas drilling rigs

Well, folks, the “Top five Bakken stories of the week” has made a comeback after an indefinite hiatus (it’s a long story). Oil prices are still low, layoffs still haunt the industry, and the state of North Dakota is facing it’s own heap of crises (just to name a few). Since it’s been awhile, we’ve reached back a couple weeks in ...

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