Sponsored Article The Bakken Conference and Expo is back for its second year, convening in Grand Forks, North Dakota, July 27th through the 29th. In the midst of an unparalleled time in energy development, the state’s premier shale oil technology conference is set to explore how and why oil and gas production in the Williston Basin is entering a new ...

The price differential between oil produced in the Bakken region and the oil stored in Cushing, Oklahoma, and on the Gulf Coast is beginning to positively impact shale producers such as Hess Corp., Whiting Petroleum, and Continental Resources, according to The Street. Oil prices in the United States are generally based on the benchmark quotes of the West Texas Intermediate ...

“Cowboyistan” could produce more than enough petroleum to justify the exporting of light, sweet crude, according to Continental Resources CEO and oil mogul Harold Hamm. Earlier this week, the U.S. Energy Information Administration’s 2015 Energy Conference was held in Washington, D.C. Hamm was one of the numerous speakers and promoters there to voice the reasoning behind exporting American-produced petroleum, according ...

Continental Resources Inc. has announced that its production in the Bakken region has increased by four percent with 66 net completed operated and non-operated wells in the Middle Bakken and Three Forks formations during the first quarter of 2015. During this time, the company operated an average of 13 rigs in the region, down from the 19 operating at the ...

WILLISTON, N.D. – Oil and gas producer WPX Energy Inc would add one or two drilling rigs in North Dakota if WTI oil prices stabilized around $65 per barrel, Chief Executive Rick Muncrief told Reuters on Friday. The forecast falls in line with U.S. shale peers, several of whom have pointed to $65 to $70 per barrel as the range ...

WILLISTON, N.D. – North Dakota posted a surprising jump in oil and natural gas output in March, as producers leaned on newer technologies and processes to offset a slump in commodity prices. Many industry observers had expected output to fall for the third consecutive month in the wake of a more than 50 percent drop in oil prices since last ...

Sue Ann Arnall, the ex-wife of Oklahoma oil executive Harold Hamm, lost an appeal of the couple’s divorce case because she had accepted an award of nearly $1 billion, the state Supreme Court said on Tuesday. In a 7-2 decision, the court ruled in favor of a motion filed in January by Hamm, chief executive officer of oil company Continental ...

The decline in oil prices and dropping rig count have caused hushed whispers and speculations of an impending ‘bust,’ but despite these factors, major players are continuing to put their chips on the table, betting with confidence on the future of the Bakken. The Williston Herald reports that many companies are now looking to long-term investments. Among the deals that ...

Here are the top five stories from Bakken.com for the week of March 21 through March 27. Enjoy! 5. You can go home: Returnees to ND oil boom town here to stay WATFORD CITY, N.D. — Before oil tanker trucks rumbled down the roads at all hours, this town was so quiet that Erin White rode her horse to a deserted ...

WILLISTON, N.D. – Business and community leaders in North Dakota’s western oil patch have launched an aggressive campaign to convince more manufacturers to set up shop locally, part of a push to expand the area’s economy beyond crude production and slash costs. The effort, which was launched on Wednesday at a conference in Williston, capital of the state’s oil industry, ...