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Tag Archives: bakken shale play

Is it the beginning of the end for the Bakken?

bakken, bakken production

On March 1, 2017, petroleum geologist Art Berman wrote, “It’s the beginning of the end for the Bakken Shale play.” Berman gives several reasons why the Bakken oil fields will never return to its former glory. Here are the highlights: A decline in production that began January 2015. Berman says its “probably not reversible. New well performance has deteriorated. Gas-oil ...

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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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