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North Dakota crude production climbs in November

Last week state energy officials announced that North Dakota crude production in November rose slightly, despite low oil prices. However, as reported by The Wall Street Journal (WSJ), North Dakota Department of Mineral Resources Director Lynn Helms warned oil and gas companies that current production rates are not sustainable at current prices. “We need $50 oil to keep production flat. ...

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Regulators to give written reason for cutting oilfield fines

BISMARCK, N.D. — North Dakota regulators say they will provide written justification if fines and other sanctions are lowered against companies that violate the state’s oil and gas laws. Department of Mineral Resources Director Lynn Helms says he was directed by the state Industrial Commission on Monday to provide the documentation. Regulators have been publicly criticized for easing penalties as much ...

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Abandoned oil waste pit eroding into river near Medora

A long-abandoned pit formerly used to store oil drilling mud and fluids is eroding into the Little Missouri River in western North Dakota, reports the Forum News Service (FNS). The waste pit, last used about 50 years ago, is now threatening to contaminate downstream drinking water. State officials are developing a cleanup plan, and Department of Mineral Resources Director Lynn ...

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Bakken flaring up in July

While North Dakota oil production dipped slightly during the month of July, the volume of flared gas jumped, reports the Bismarck Tribune. During a monthly media briefing on state oil and gas production, North Dakota Department of Mineral Resources Director Lynn Helms reported that in terms of percentage of gas flared, July saw flaring rates of 20 percent compared to ...

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Breaking even in the Bakken: Dunn County boasts lowest cost

Of the core counties in the Bakken, Dunn County boasts the lowest break-even costs for oil production, reports the Forum News Service (FNS). According to figures from the North Dakota Department of Mineral Resources, producers operating in Dunn County are able to begin collecting revenue after the $24 per barrel mark. In comparison, to the northwest in McKenzie County, the ...

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North Dakota posts 1.2 million barrels of oil daily in June

BISMARCK, N.D. — North Dakota oil drillers nearly matched the state’s oil production record in June, despite slipping crude prices. The Department of Mineral Resources says the state produced an average of 1.21 million barrels of oil daily in June, up slightly from May. The June production was 16,000 barrels per day less than the record set in December. North ...

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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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