By Kate Ruggles Farmer Staff Writer As oil activity presses forward, residential and commercial development in Watford City continues to go vertical. With 2013’s permitting activity staying roughly on par with what transpired in 2012, the city expects even more residential housing, as well as commercial properties, to come on line in 2014. According to Steve Williams, Watford City’s Code ...
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Bakken, Three Forks largest continuous US oil accumulation
Stephanie B. Gaswirth Kristen R. Marra The recent reversal of the declining trend of US oil production is largely due to production from unconventional or “continuous” low-permeability reservoirs by use of multistage hydraulic fracturing of horizontal legs of exploration wells. The US currently produces about 7.4 million bo/d, and the increasing trend in domestic production has led to speculation that ...
Read More »BNSF to Serve Combined Crude and Grain Terminal North of Stanley
Marilyn Johnson Published on January 10, 2014 Construction on the Northgate Commodity Logistics Hub is well underway. In early December, 2013 Michael Detlefsen, president & CEO, Ceres Global AG Corp., said work had progressed so that 80 per cent of the site preparation and mass grading was complete. The work began the summer of 2013. He said BNSF Railway had ...
Read More »Savage expands Bakken transloading, adds crude-by-truck
By Savage | January 08, 2014 Savage has announced expanded service offerings at its terminals located in Uinta Basin and in the Williston Basin to include crude transportation via truck. With Savage’s capability for crude by rail transloading services, the addition of truck transportation allows Savage to offer oil and gas companies a complete logistics solution from the wellhead to ...
Read More »Proposed Trenton refinery moves forward
By Eric Killelea | 0 comments The Williams County Planning and Zoning Commission on Thursday recommended its approval for a proposed diesel hydro-skimming plant and tank storage facility that may become the largest employer in Trenton. Forty citizens attended the meeting, some expressing concerns about the request of Dakota Oil Processing for a conditional use permit for a refinery on 162 ...
Read More »All Norwegians become crown millionaires, in oil saving landmark
By Alister Doyle (Reuters) – Everyone in Norway became a theoretical crown millionaire on Wednesday in a milestone for the world’s biggest sovereign wealth fund that has ballooned thanks to high oil and gas prices. Set up in 1990, the fund owns around 1 percent of the world’s stocks, as well as bonds and real estate from London to Boston, ...
Read More »Tervita opens engineered landfill for Bakken oilfield waste
By Tervita Corp. | January 15, 2014 Tervita Corp. has announced the opening of its first engineered landfill in North Dakota at Blue Buttes, a 60-acre site that will accept non-hazardous solid waste from oil and gas exploration and production in the Bakken. “Blue Buttes is an integral part of sustainable resource development in North Dakota,” said John Gibson, Tervita ...
Read More »Well Study to Set Stage for Drilling in Next 20 Years
Posted: Jan 15, 2014 4:33 PM CST Updated: Jan 15, 2014 4:36 PM CST By Donnell Preskey, Assistant News Director Bismarck, ND -A multimillion dollar study could change the way North Dakota’s Bakken is developed. In 2013, two-thirds of well sites had more than one oil well on them. Donnell Preskey has more on how the oil industry is trying ...
Read More »Basin lists alternate routes for power lines
By Lauren Donovan WATFORD CITY — A power company went back to the drawing board and came up with two alternate routes for a massive new transmission line. It solves some issues, but not the primary one of crossing the Killdeer Mountain battlefield. Basin Electric Power Cooperative plans to send nearly 700 kilovolts of much-needed electricity to the Bakken oil patch ...
Read More »Oil firms keen to explore off Norway despite higher costs
By Gwladys Fouche and Henrik Stolen SANDEFJORD, Norway, Jan 21 (Reuters) – Norway awarded a record 65 oil and gas production licences in a mature area licensing round on Tuesday and attracted high interest from oil firms in exploring its Arctic, despite an oil tax hike and increased industry costs. A record 48 companies were awarded stakes to explore in ...
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