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ND Oil and Gas Rules Move to Next Phase of Approval

nd oil and gas rules change

According to a recent report by Jason Spiess of The Crude Life Media Network, the ND Oil and Gas Division presented an order of proposed final administrative rules to the North Dakota Industrial Commission on Tuesday. The Commission voted 3-0 to approve the rule change order. Changes to the administrative code include proposals to require sundry notices for spills not ...

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Why selling crude oil to China is good for America

exports, Bakken, china

Continental Resources, Inc. recently announced its first-ever sale of Bakken oil specifically for delivery overseas. Continental Resources has sold 1,005,000 barrels of crude oil for November delivery to Atlantic Trading and Marketing (“ATMI”), which intends to export the oil to China. “This is a historic day for Continental and begins a new chapter in our long-term strategy to establish multiple ...

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Rig count up 8, all natural gas

oil rig, rig count, Baker Hughes

The Baker Hughes Rotary Rig Count from last Friday showed an overall increase of 8 rigs drilling, but no new rigs are exploring for oil. All eight rigs are looking for natural gas, in contrast to last week’s report that showed nine new rigs were exploring for oil. Baker Hughes reported a new total of 915, up from 907 total the ...

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The New Age of Trump Oil

donald trump, kevin cramer

Recently, President Donald J. Trump joined Energy Industry Executives, members of Congress, and Cabinet Officials at the Department of Energy to deliver remarks on unleashing America’s boundless capacity for energy production. “We’re here today to usher in a new American energy policy,” he declared. The President explained that his focus isn’t so much on “energy independence,” but rather dominance. In ...

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Tharaldson Ethanol receives federal funding for expansion

Tharaldson ethanol, federal ethanol grant

Tharaldson Ethanol LLC will be awarded $341,000 in federal funding for the expansion of its Tharaldson Ethanol Plant in Casselton, North Dakota. The funding is awarded through the U.S. Department of Agriculture Rural Development’s Rural Energy for America Program, which works to help farmer, ranchers, and rural businesses implement energy efficiency and renewable energy programs. The announcement was made Aug. ...

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Whiting announces sale of Bakken assets for $500 million

north dakota oil, bakken pumpjacks, oil production

Colorado-based energy company Whiting Petroleum Corp. announced it’s selling it a portion of its North Dakota assets, reported the Denver Business Journal today. The deal between Whiting and RimRock Oil & Gas Williston LLC is said to be worth around $500 million. The sale includes Whiting’s Forth Berthold Researvation area assets located in Dunn and McLean Counties. Whiting executives said ...

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Rig count drops by 5

oil rig, rig count, Baker Hughes

The Baker Hughes North America Rotary Rig Count dropped by 5 last week, with the largest overall dips in Texas. The Permian Basin lost 2 of its rigs, while the Eagle Ford lost 3. In total, Texas lost 7 rigs, while Louisiana lost 1. Interestingly, all the rigs lost were exploring for gas. The oil rig count actually increased by 3. ...

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