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Nuverra developing site in Bakken to Recycle fracking water

frackingwater

WATFORD CITY, N.D. – The technology is now available to allow oil companies to recycle water used for hydraulic fracturing in North Dakota, industry representatives said Tuesday. But implementing that technology in the Bakken will take time as operators adjust to the new methods and regulators respond with new permitting rules. Oil service companies Halliburton and Nuverra Environmental Services held ...

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OPEC’s future uncertain as US oil plays boom

OPEC

The rise of North American oil supplies could test the future of OPEC which may have to curb supply to accommodate rising shale oil volumes, a new report has found. The increase in U.S. output is a “defining feature of tomorrow’s market” according to International Energy Agency’s oil market report and could test the producer group’s share of the global ...

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Williston ND to get Grainger Branch to support Bakken Oil Fields

Grainger

Williston, ND – Grainger announced the opening of its new branch in Williston, N.D. to support customers in the Bakken oil fields. “Grainger offers world-class solutions that are part of a multi-channel approach, which includes our sales team, eCommerce, programs to manage customer inventory more effectively, and a strong network of branches and contact centers,” said Doe Kittay, Vice President ...

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U.S. approves Lake Charles LNG Terminal

lake charles louisiana lng terminal

WASHINGTON Aug 7 (Reuters) – The Obama administration on Wednesday approved natural gas exports from a third U.S. facility as the government works through a long backlog of projects seeking permission to send gas abroad. The export terminal in Lake Charles, Louisiana, secured a conditional license from the Department of Energy to ship liquefied natural gas to all countries. The ...

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Natural gas not the best option for everyone

Natural Gas

In a state that “flares,” or burns off, 29 percent of the gas it produces as it comes out of the ground, about 91 communities can use natural gas to heat their homes but it’s not an option for everyone. “It’s not as easy as flipping a switch,” said MDU Resources spokesman Rick Matteson. Installing natural gas in a community ...

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Small Shale Companies Outperforming Big Oil

EOG Resources

Oil explorers focused on high-margin shale drilling from Texas to North Dakota are set to outperform Big Oil this year. EOG Resources Inc. (EOG), Pioneer Natural Resources Co. (PXD) and Continental Resources Inc. are poised to reap bigger returns for investors than energy titans 15 times their market values as they devote almost all their drilling capital to higher-margin, domestic ...

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Arsenal Energy Inc. Announces North Dakota Well Results

arsenal energy

CALGARY, ALBERTA–(Marketwired – Jul 17, 2013) – Arsenal Energy Inc. (“Arsenal“) (AEI.TO) (AEYIF) is pleased to announce the successful drilling and completion of two Bakken wells at Stanley, North Dakota. Both wells were fracture stimulated over the two mile horizontal wellbore section. The John Paul 11-2H produced 1,442 bbl oil during a 24 hour test period at a flowing pressure ...

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