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Bakken, Eagle Ford output continues rise despite prices

Oil prices have continued on a downward slide, but production in the Bakken and Eagle Ford Shale formations increased slightly between June and July, reports the Houston Chronicle. According to Bentek Energy, an energy market analytics company, oil production in North Dakota’s Bakken continued to pump over 1.2 million barrels per day in July, up by about 500 daily barrels ...

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Evolution Midstream LLC entering oil and gas industry during mass exodus

Amid the crumbling of the oil industry, with companies bailing out left and right, one company jumps in-Evolution Midstream LLC. Based in Denver, the company will specialize in midstream solutions for natural gas, crude oil and produced water. The commitment of $300 million by EnCap Flatrock Midstream, a San Antonio based private equity firm, will help the company get established, ...

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Oil prices likely to stay low following market correction, Billings experts say

Local industry and investment experts said Monday they expect continued struggles for the oil and gas industry following sub-$40-a-barrel prices and big drops in Wall Street stocks across the board. Prices of sweet crude fell to their lowest in 6 1/2 years, dropping to around $38 a barrel on some exchanges. The industry has struggled with a worldwide supply glut ...

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Ex-well operator in North Dakota indicted in dumping case

The former operator of a saltwater well in southwest North Dakota linked to an illegal wastewater dumping case pleaded not guilty to multiple felony charges Monday in federal court in Bismarck. A federal indictment charges Jason Halek, of Southlake, Texas, with conspiring with others in a number of illegal acts including injecting saltwater — an unwanted byproduct of oil production ...

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Property owners air concerns about Dakota Access Pipeline

Some landowners worried about the effect an oil pipeline slated to slice through eastern South Dakota could have on their property plan to make their concerns known. The South Dakota Public Utilities Commission is currently reviewing an application to authorize the Dakota Access Pipeline. The proposed line would run from North Dakota to Illinois, cutting through portions of eastern South ...

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Economic growth tied to more than just price of oil

Last year at this time my office received dozens of phone calls and emails asking about ‘Boomtown’ and what’s really going on in Williston, North Dakota. Now we get calls asking about ‘the bust’ and what’s it like in Williston. After I slowly put down the phone and back away from the keyboard, I take a breath and just smile. ...

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