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Top 5 Bakken stories of the week – March 4 – 11

north dakota oil, bakken pumpjacks, oil production

As Spring creeps in from the south, the plains are humming to life again. Although activity in the Bakken pays no mind to old man winter, some weeks are more exciting than others. This week’s recap offers a healthy mix of maintenance, photojournalism and an embezzlement scandal, as well as a look back in history. Enjoy! 5. BNSF: $100M in maintenance work ...

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Obama, Trudeau target methane emissions in new agreement

President Barack Obama and Canadian Prime Minister Justin Trudeau committed on Thursday to curbing methane emissions by reducing methane emissions from the oil and gas sectors. (Image: Bryce Bradford via Flickr)

WASHINGTON (AP) — President Barack Obama and Canadian Prime Minister Justin Trudeau committed on Thursday to curbing methane emissions by reducing methane emissions from the oil and gas sectors by at least 40 percent over the next decade from 2012 levels. It’s a goal the Obama administration had cited previously, and it rolled out regulations in August that were focused ...

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North Dakota oil production drops by 30.6K barrels daily in January

Oil production in North Dakota dropped by about 30,000 barrels per day in January. (Image: Joel Tysver)

BISMARCK, N.D. (AP) — North Dakota’s Department of Mineral Resources says the state’s oil production decreased by about 30,600 barrels a day in January. The agency says the state produced an average of 1.12 million barrels of oil daily in January. The January production was about 105,380 barrels per day less than the record set in December 2014. North Dakota also produced ...

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Iowa regulators approve Bakken pipeline permit

Energy Transfer Partners' Dakota Access Bakken pipeline has been approved by Iowa. The state was the last of four states to approve the Bakken pipeline. (Image: D.Reichardt via Flickr)

DES MOINES, Iowa (AP) — The last state permit needed for a pipeline that will carry a half-million barrels of crude oil daily from North Dakota to Illinois was approved Thursday by Iowa utilities regulators, who also gave the Texas-based company authority to use eminent domain for land that property owners are unwilling to voluntarily provide. The Iowa Utilities Board ...

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Arch Coal suspends plans for major new mine in Montana

BILLINGS, Mont. (AP) — Arch Coal is suspending its plans to develop a major coal mine in southeastern Montana two months after the industry giant filed for bankruptcy protection. The St. Louis-based company on Thursday cited a weak coal market and an uncertain permitting outlook in announcing it was suspending its application for the proposed Otter Creek mine. Otter Creek ...

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EIA forecasts short-term energy output

EIA forecasts short-term energy output

The U.S. Energy Information Administration released its short-term energy outlook Tuesday. The report forecasts oil and natural gas production for the next two years. North Sea Brent crude oil prices averaged $32 per barrel, a $1 increase from January prices. Brent crude prices are predicted to average $34 in 2016 and $40 in 2017. The forecast reflects higher –than-expected oil ...

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