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Who made the A list? Forbes’ list of top 2000 companies

exxon ceo say company will invest

When Forbes releases a list about successful companies, people are anxious to read who’s who among the big players. Everyone wants to know who’s winning, and who’s slipping. The list, according to Forbes, compiled by measuring each company based on revenues, profits, assets and market value. And despite difficult times, and a downturn in oil, Forbes’ 2017 Global 2000 list of ...

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Oil company protects pregnant polar bear

polar bear

An oil company operating in Alaska has proven to be an ally in protecting a pregnant polar bear. The bear sought to dig a maternity den in a snow drift along a bridge leading to an artificial production island off the north coast of Alaska, reports Dan Joling from the Associated Press. Hilcorp Alaska LLC took “vigorous measures” to make ...

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U.S. rig count breaks 900

oil rig, rig count, Baker Hughes

With almost 500 more rigs than last year at this time, the Baker Hughes U.S. rotary rig count broke 900 Friday with another sizable jump of 16 new rigs exploring for oil and gas. The U.S. rig count now sits at 901. Of those rigs, 720 are exploring for oil, up 8 from last week, and 180 are exploring for ...

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Rig count increases for 17th week in a row

oil rig, rig count, Baker Hughes

According to the May 12 Baker Hughes rig count, drillers added 8 rigs for a total of 885 total rigs exploring for oil and gas. It’s the 17th straight week of increases. The count is up 479 from last year at this time. Oil rigs increased by nine, while the total rigs exploring for gas dropped by one. It’s no surprise ...

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Methane rule pits ND leaders against one another

Heidi Heitkamp, methane rule

The U.S. Senate rejected a resolution to revoke the Obama-era rule to limit methane emissions from oil and gas production on federal lands, reports Reuters. The inability to revoke the law is seen as a direct blow to the Trump and his ability to “free the drilling industry from what he sees as excessive environmental regulation.” On the campaign trail ...

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Permian rig count up, Marcellus down

oil rig, rig count, Baker Hughes

While the gain in the rig count is less than it has been the past few weeks, today’s number still shows an increase of 7 new rigs exploring for oil and gas, according to the latest numbers from Baker Hughes.  It isn’t surprising that the Permian Basin is still the hot spot, with an increase of 7 new rigs for ...

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North Dakota state government is picking winners and losers

WAWSA, North Dakota, Western Area Water Supply Authority

This is the third article in a series addressing water issues in North Dakota.  Every legislative session and campaign season, some politicians will utter the phrase “we can’t be picking winners and losers”.  This statement is often meant to squelch any conversations regarding subsidies for businesses and industries. A statement used primarily by republicans as a talking point and syntactical ...

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Texas rig count ramp up continues

oil rig, rig count, Baker Hughes

This week’s Baker Hughes North America Rotary Rig Count showed another week of increases in Texas, with an addition of 11 new rigs exploring for oil and gas. The U.S. total rigs is now 870, up 13 from last week. Nine of those rigs are exploring for oil, while 4 are searching for gas. The Gulf of Mexico lost 3 ...

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Rig count continues steady upward climb

oil rig, rig count, Baker Hughes

While Canada lost 19 rigs this week, the U.S. Baker Hughes rig count continues its steady upward climb. With fourteen straight weeks of increase, it doesn’t seem as though it will stop anytime soon. This week’s total is up ten from last week. Of the 857 rigs, 688 are exploring for oil, while 167 are exploring for gas. Two rigs ...

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