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Bakken News

Bakken crude: Could pipelines replace the need for oil-by-rail?

The transportation of Bakken crude is beginning to shift away from the railways and into pipelines as production levels off in the wake of last year’s price collapse and more oil and gas pipelines are brought online. Rusty Braziel, analyst with RBN Energy, explained, “Since 2012 a combination of rail and pipeline has given Bakken producers ample crude takeaway capacity, ...

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Breaking even: Bakken still profitable, but barely

The oil price crash just can’t keep a good shale driller down. According to a Bloomberg Intelligence analysis, parts of North Dakota’s Bakken shale formation continue to be profitable at less than $30 per barrel, half the amount of some predictions gave last year when prices began to drop. As companies tap larger wells and reap the benefits of decreased ...

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ND regulators approve $6M natural gas liquids pipeline

BISMARCK, N.D. — North Dakota’s Public Service Commission has approved a siting permit for a $6 million liquid natural gas pipeline in McKenzie County. Tulsa, Oklahoma-based Oneok (ONE’-oak) is planning to construct and operate a new 4-mile long, 8-inch diameter pipeline and associated facilities. The Lonesome Creek Pipeline Project will have a maximum capacity of 30,000 barrels per day. The ...

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Montana panel to consider drilling buffer zones near homes

HELENA, Mont. — Montana regulators were expected to decide Wednesday whether they should follow neighboring energy-producing states in creating buffer zones that set a minimum distance between homes and oil and gas drilling sites. The state Board of Oil and Gas Conservation is set to take up the issue of drilling setbacks at its meeting in Billings. If it decides ...

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Oneok to connect 700 Bakken gas wells by year’s end

Last week Oklahoma-based natural gas company Oneok reported that it was on schedule to connect over 700 wells in the Williston Basin by the end of this year, and more than 600 next year. As reported by Reuters, Oneok Partners CEO Terry Spencer said the company has already connected more than 260 new wells in the Bakken region during the ...

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Helms: Bakken core still profitable

North Dakota Department of Mineral Resources Director Lynn Helms, the state’s top oil regulator, says drilling is still very profitable in the Bakken’s core of Dunn, McKenzie, Mountrail and Williams counties. As reported by the Williston Herald, Lynn Helms said these core counties were home to more than half of last Thursday’s 73 active drilling rigs. Despite the current average ...

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Law enforcement plans announcement on Bakken crime fighting

BISMARCK, N.D. — Law enforcement officials are announcing a “major development” relating to crime-fighting efforts in the oil-producing region of North Dakota and Montana. Details of the development will be discussed Wednesday during a news conference in Bismarck. State and federal law enforcement officials earlier this year announced the Bakken Organized Crime Strike Force. It will target the criminal networks ...

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Graco launches new line for oil and gas sector

Determined to do more in the spheres of oil and gas, Graco Inc. has launched a new line of chemical injection pumps and flow control equipment that will keep pipelines and wells flowing in difficult conditions. In addition to pumps, the new product line includes high-tech controllers, durable seals and affordable remote-monitors that track fluid chemicals used to unclog wellheads ...

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Radioactive ND: Health Council approves oilfield waste limit increase

North Dakota State health officials approved new rules which would allow for the disposal of radioactive oilfield waste in certain landfills on Tuesday, reports the Forum News Service. In a unanimous decision, the State Health Council voted to adopt rules allowing for the disposal of waste registering radioactivity levels of up to 50 picocuries per gram. The new level is ...

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