Home / Tag Archives: bakken (page 10)

Tag Archives: bakken

Continental Resources’ quarterly profit falls

continental resources

Lydia Gilbertson | Shale Plays Media Google+ Reuters reported Tuesday that Bakken giant Continental Resources’ quarterly profit has fallen 68 percent.  Continental Resources is the second largest oil producer in the Bakken shale, just behind Whiting Petroleum. Its second-quarter adjusted profit rose 13 percent, largely due to its’ 24 percent increase in production. Continental Resources now produces 167,953 more barrels ...

Read More »

Emerald Oil expands Bakken holdings

oil rig

Lydia Gilbertson | Shale Plays Media Emerald Oil of Denver, CO has signed a potentially $110 million dollar deal. It has acquired 27,400 acres in the Bakken shale area through Liberty Resources II. This increases its land holdings in the area to 49,727 acres in total. The area is between two projects in Williams County, Emerald’s Low Rider and Lewis and Clark ...

Read More »

Top 5 Bakken news stories this week

Lydia Gilbertson | Shale Plays Media Google+ The last week of July, 2014 in the Bakken oilfields has seen a lot of positive political movement. There were 2 more saltwater spills, and both have been contained.  It was announced that production jumped 33% in June and will only continue to rise.  Well count in the shale is at 182 running ...

Read More »

Ex-fiancee defends man camp murder suspect

man camp

 Sarah Volpenhein | The Grand Forks Herald The ex-fiancee of Ryan Neil Anderson took the stand Wednesday in his murder trial in Grand Forks, with the prosecution scrutinizing her side of the story. The Iron River, Mich., man is accused of stabbing his friend Christopher King, also of Iron River, to death more than a year ago at a man camp ...

Read More »

Colorado man aiming to end natural gas flaring

Zach Koppang | Shale Plays Media A career in the aerospace industry with vision aimed toward interplanetary travel has resulted in the development of a mobile oil and gas separator capable of ending the ongoing issue of setting fire to the natural gas associated with the hydraulic fracturing process. The Denver Business Journal recently featured Robert Zubrin, founder of Pioneer ...

Read More »

ND flares dimming

Bakken Oil Well Flare

Lydia Gilbertson | Shale Plays Media Google+ North Dakota recently implemented a new flaring mandate that requires a certain amount of flared gas be captured in order to reduce the state’s methane emissions and wasted natural gas.  The state hopes to have reduced the flaring rate from 28 percent in the first quarter of 2014 to 26 percent this October. A recent ...

Read More »

Safety and the Bakken

train

Lydia Gilbertson | Shale Plays Media Working on an oil rig is considered one of the most dangerous jobs in the country. The oil and gas industry is taking measures to address the hazardous nature of their field. Journalist Maxine Herr recently did an in-depth report for the Bismarck Tribune that explores the role that safety plays within the industry for ...

Read More »

Montana man convicted of construction fraud in Bakken

jail

Lydia Gilbertson | Shale Plays Media Project Safe Bakken prosecuted a man, 41-year old Jonathon Lee Oliver of Missoula, MT, with construction fraud this week. He has been convicted of money laundering and construction fraud. He ran a steel building construction business that rarely produced results. Oliver instead used the funds allocated by the companies to buy personal items. Records ...

Read More »

U.S. DOT cracks down on ‘oil trains’

Jerry Zremski | Buffalo News (Buffalo, N.Y.) WASHINGTON — The Obama administration today proposed phasing out the outdated and explosion-prone rail tank cars that carry volatile crude oil through Western New York as many as 35 times a week. Under a proposed rule issued by the U.S. Department of Transportation, those DOT-111 tank cars would be barred from shipping most crude ...

Read More »