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Author Archives: John Bestoloffe

By John Bestoloffe | Google+ My name is John Bestoloffe and I write for Shale Plays Media LLC which owns Bakken.com, Marcellus.com, and EagleFordTexas.com, Permianshale.com, Haynesville.com, and Niobrarachalk.com. Writing has always been my passion and now I am able to live my dream of being a Journalist. I went to school at North Dakota State University and live in Fargo ND with my wife and 2 children. As I start out in my new adventure reporting on the various Shale plays here in ND, I feel a sense of accomplishment in realizing my dream. When I’m not writing, I enjoy mountain biking, hunting, cruising on my motorcycle, and fishing.

Bigger than the Bakken? Niobrara shale has investment potential

drilling

By: John Bestoloffe , Shale Plays Media Shale energy news, predictions, and concerns generally center around the Bakken shale in North Dakota or the Eagle Ford Shale located in Texas. While these shale plays are absolutely the front runners in production currently, they probably won’t be the biggest producers forever. One of the most promising areas resides in one of the ...

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Crude weekly update

oil barrels

Cushing inventory sees growth Due to higher than expected US stockpiles, crude oil futures fell last week, but losses were checked amid ongoing tensions over Ukraine. U.S. oil inventories rose by 7.1 million barrels last week while stocks at the delivery hub in Cushing, Oklahoma unexpectedly increased by 200,000 barrels, according to a late Tuesday report. Analysts had expected crude ...

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EIA estimates drastic oil import drop by 2037

oil balance

By: John Bestoloffe , Shale Plays Media As oil companies in North Dakota’s Bakken and Texas’s Eagle Ford formations ramp up production, US oil imports have dropped dramatically. According to the Energy Information Administration (EIA), net oil imports to the United States could fall to nothing by 2037, making the United States energy independent as demand matches production. The forecast was made ...

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Ranchers in Rural Wyoming Concerned about Oil Development

rancher

By: John Bestoloffe , Shale Plays Media There aren’t usually people rushing to remote areas, and rural ranchers like it that way. People who live in sparsely-populated areas of the country live there because they do not like being in places with other people, noises, and lights. Oil booms are happening across the country, most prominently in Texas and North Dakota, ...

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Helis seeks to tap southern Louisiana shale

harbor

By: John Bestoloffe , Shale Plays Media A New Orleans energy company is looking to drill a new well near Mandeville, LA in hopes of finding oil or gas, prompting concerns from residents of the surrounding St. Tammany Parish area that such operations could impact the local water supply. Helis Oil & Gas LLC tentatively plans to drill about a mile ...

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Pennsylvania Natural Gas Emissions Down, Report Shows

gas

By: John Bestoloffe , Shale Plays Media This week, the Pennsylvania Department of Environmental Protection released its natural gas emissions inventory for data collected in 2012. This is the second annual report measuring air emissions, and the findings showed that Marcellus shale emissions from Pennsylvania decreased sharply. Data was collected from 56 different operators running 8800 natural gas wells and 70 ...

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Crude Weekly Update

market

Crude Inventory shows bullish news The EIA reported a sudden drop in US Crude stocks of 2.38 million barrels over the past week in opposition to the expected build predicted by analysts. The news blindsided the industry as analysts watched inventories drop by over a million barrels instead of building twice that amount. Gasoline inventories followed analyst’s expectations, dropping by ...

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U.S. now producing 10% of world’s oil supply

pump jizacks

By: John Bestoloffe , Shale Plays Media The United States is now responsible for 10 percent of global crude oil production, according to the U.S. Energy Information Agency. Both the Bakken and Eagle Ford shale formations played a significant part in the increase of recent years. The Bakken formation is now producing 35 percent of the country’s oil and Eagle Ford ...

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White House Announces Methane Regulations Overhaul

cattle

John Bestoloffe , Shale Plays Media The Obama administration announced today it would implement new strategies targeted at reducing methane emissions from sources such as landfills, ranches and oil and natural gas extraction. The announcement is the latest in a series of recent plans by the executive branch to begin addressing concerns over climate change without relying on congress for ...

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