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Tag Archives: Three Forks

DUG returns, New Name and Attitude in Energy

The name DUG Rockies makes a comeback as Hart Energy adds new plays and  regions to the agenda for its annual DUG conference in Denver April 24-25 in the Colorado Convention Center. The 2018 DUG Rockies  program will feature speakers from Hess Corporation, Oasis Petroleum and Whiting Petroleum — and expand its focus beyond the Bakken and DJ basin developments ...

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Rand Paul opposes eminent domain for Bakken line

REASNOR — Kentucky Sen. Rand Paul lent his ear and voice Saturday to the plight of farmers balking at the possible use of eminent domain to take their land for the Bakken crude oil pipeline. Paul, who is seeking the Republican nomination for president, visited the Van Gorp 1,400-acre livestock and crop farm here about 10 miles south of Newton. ...

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Again? Continental Resources cuts budget, Bakken rig count

Continental Resources, North Dakota’s second largest oil producer, announced that it will be cutting its budget for 2015 yet again amidst the persisting slump in oil prices. However, the company does anticipate continued production growth. As reported by Reuters, last year Continental CEO Harold Hamm cancelled all of the company’s oil hedges. He called Saudi Arabia, the de facto leader ...

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Construction on Bakken pipeline gathering terminals to begin this winter

Construction on six gathering terminals for the Dakota Access Pipeline in North Dakota is set to begin in January 2016, reports The Bakken Magazine. Matrix Service Inc., the firm constructing the terminals for Dakota Access LLC, said the six projects have an estimated total value of about $330 million. The above-ground storage tanks at the gathering stations are planned for ...

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Uncertain outlook as North Dakota tops 10,000 shale oil wells

North Dakota surpassed a milestone in June — its 10,000th shale oil well — amid a still-gloomy outlook for its petroleum industry. The industry, facing continued low crude oil prices, is finishing off previously drilled wells to get oil and some revenue flowing and to meet regulated completion timetables, state officials said Friday. But the number of rigs drilling new ...

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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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Dunn County well reveals strength of Whiting’s enhanced completions

Experimenting with enhanced well completions has Whiting Petroleum delivering 40 to 50 percent higher production from older offset wells in the Williston Basin. One of its Skunk Creek wells in South Fork field of northeast Dunn County reached an initial 24-hour production rate of 4,300 barrels of oil equivalent (BOE) per day from an enhanced completion middle Bakken well, making ...

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ETP files petition for Bakken pipeline permit

pipeline construction

Dakota Access LLC, a subsidiary of Texas-based Energy Transfer Partners, has filed a petition with the Iowa Utilities Board requesting a permit to move ahead with a crude oil pipeline that would stretch more than 340 miles across 18 Iowa counties, including Story. The petition was filed just more than a month after the conclusion of public meetings that IUB ...

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