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Do not mess with the North Dakota Industrial Commission

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WILLISTON, N.D. – The North Dakota Industrial Commission plans to pursue a criminal judgment against an oil and gas operator after it failed to pay a $1.5 million fine by the deadline, an official said Wednesday. The fine against Halek Operating ND LLC for violations that put Stark County’s drinking water at risk represents the largest fine ever levied against ...

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Brent crude numbers fall based on shutdown concerns

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By Jacob Gronholt-Pedersen SINGAPORE, Oct 2 (Reuters) – Brent crude extended losses below $108 on Wednesday on concerns the U.S. government shutdown would reduce demand for commodities, while expectations that U.S. oil inventories rose last week also put pressure on prices. Wrangling in the United States between President Barack Obama and congressional Republicans has forced the first government shutdown in ...

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How the government shutdown will effect the rest of ND

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The effects of a government shutdown will be felt by North Dakota’s estimated 5,400 federal employees, many of whom will be furloughed immediately. But it is business as usual for many government agencies that provide some of the most essential services citizens utilize every day. The U.S. Postal Service will continue to deliver mail. Checks will still come for those ...

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How the shutdown will effect ND oil

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WILLISTON, N.D. – A federal government shutdown will further stall oil development on federal lands in North Dakota and would stop oil and gas management activities on the Fort Berthold Reservation. While the government shutdown will affect some oil and gas activities in North Dakota, the majority of the state’s drilling activity is on private or state-owned land and will ...

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ND oil production to double in 4 years

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DICKINSON, N.D. – North Dakota’s daily oil production will double to 1.6 million barrels by 2017, Department of Mineral Resources Director Lynn Helms said in a taped address to oil country and industry folks Thursday. Helms also discussed the increasing need for well maintenance water, which he predicts will eclipse the need for fracking water, and new exploration in the ...

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Wait…the “Tyler Formation”?

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DICKINSON, N.D. – Marathon Oil has become the first company to try modern horizontal drilling in the Tyler Formation of southwest North Dakota. If successful, Marathon could be the first of many companies to drill that way in the Tyler, a geologically complex formation that is viewed by many as the Bakken’s little brother. The formation has produced oil from ...

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Executives want oil extraction tax cut in half

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DICKINSON, N.D. – The vice president of corporate and government relations for Whiting Petroleum said Thursday that the oil extraction and production tax in North Dakota should be slashed by more than 50 percent. Speaking at the annual North Dakota Association of Oil and Gas Producing Counties meeting in Dickinson, Jack Eckstrom said the state’s current combined extraction and production ...

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Oil industry outlook from the top

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Dickinson, ND –  Those watching the oil development going on in their own backyard get to hear from three of the top oil companies doing business in the state. Whiting, Marathon, and Continental Resources combined represent over 50% of the oil production in North Dakota. Donnell Preskey has more on their message to those in oil country. These city and county leaders have ...

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California Oil! Brought to you by rail.

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More than 200,000 barrels of crude per month were imported into California this summer, a fourfold increase from early 2012, according to data compiled by the California Energy Commission. Though the total amount is still small, it marks a little-noticed departure from the state’s reliance on its own declining oil patches, the Alaskan North Slope and foreign nations, led by ...

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