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Tag Archives: north dakota oil

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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Bakken Price Weakens After North Dakota Production Hits New High

Bakken Oil Boom

Bakken crude on the spot market weakened against West Texas Intermediate as North Dakota regulators said production from the state’s portion of the field increased to a new high in May. North Dakota’s Bakken field produced 745,399 barrels of crude a day, according to preliminary data from the state’s Industrial Commission. That’s up 2.4 percent from April and 29 percent ...

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Flush With Oil and Gas Cash, North Dakota’s Growth Tops in Nation

North Dakota’s economy wasn’t much to behold a decade ago. But that’s changed dramatically thanks to surging oil and gas production on its Bakken shale. North Dakota’s per person gross domestic product increased nearly 11 percent from 2011 to 2012 — tops in the nation for the second straight year, and three times larger than runners-up Texas and West Virginia. ...

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Incendiary Investment – Montana Energy Review

Amid grass-laden prairie and craggy Badlands, oil wells beam like giant medieval torches in the cerulean North Dakota sky. These candles of industry produce upwards of 700,000 barrels of oil each day from the shale reservoirs deep beneath the earth. Simultaneously, these North Dakota rigs are burning off an estimated 30 percent of their natural gas byproduct into the air, ...

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