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Tag Archives: bakken region

Local auction veteran goes global

The world is shrinking and the gap between the rest of the world and rural America is closing quickly. Gone are the days of gathering around the auction block, physically raising the bid with the signal of a hand or a hearty shout over the strewn together syllables of an auctioneer. One Midwestern family, with years of auction experience under ...

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Twenty-nine defendants in Bakersfield and North Dakota indicted on drug trafficking charges

A total of 29 defendants, including seven in Bakersfield, have been indicted for allegedly conspiring to bring methamphetamine and heroin from Bakersfield and distribute it in North Dakota. U.S. Attorney Generals in North Dakota and California, FBI agents and Bakersfield police took part in the investigation. A news release from the office of U.S. Attorney Benjamin B. Wagner, Eastern District ...

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Oneok to connect 700 Bakken gas wells by year’s end

Last week Oklahoma-based natural gas company Oneok reported that it was on schedule to connect over 700 wells in the Williston Basin by the end of this year, and more than 600 next year. As reported by Reuters, Oneok Partners CEO Terry Spencer said the company has already connected more than 260 new wells in the Bakken region during the ...

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The Bakken and the world’s largest oil field: What’s the difference?

What’s the difference between the Bakken and Saudi Arabia’s largest oil reserve? About 50 billion barrels and 13,000 square miles, reports Bloomberg Business. Saudi Arabia, the world’s largest oil producing country, and its Ghawar oil field is a daunting prospect for many U.S. shale oil drillers. Ghawar is the largest conventional oil reserve in the world, and its narrow, deep ...

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Utility company asks Montana to raise electricity rates

BILLINGS, Mont. — A utility company is proposing a 21 percent electricity rate increase for residents and businesses in dozens of eastern Montana communities, and state regulators said Tuesday they’ll carefully review the case to make sure customers don’t get gouged. The proposal from Montana-Dakota Utilities would increase residential electricity bills on average by $14.80 a month, or $178 a ...

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Gimme shelter: Manufacturing custom enclosures in the Bakken

Sponsored Article Despite the current drilling slowdown and oil price decline, the U.S. shale boom continues to be a draw for ancillary businesses that are seeing opportunity in the growing needs of the shale revolution. Although the explosive growth has subsided, many companies are realizing that the drilling hasn’t gone bust, rather it’s slowed to a pace that allows the ...

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Bakken oil prices: Major players to take the win

The price differential between oil produced in the Bakken region and the oil stored in Cushing, Oklahoma, and on the Gulf Coast is beginning to positively impact shale producers such as Hess Corp., Whiting Petroleum, and Continental Resources, according to The Street. Oil prices in the United States are generally based on the benchmark quotes of the West Texas Intermediate ...

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EIA: Bakken, overall production declines

The momentum of the U.S. shale revolution is beginning to slow, according to the Energy Information Administration’s latest monthly drilling productivity report released this week. With the exception of the Permian Basin, the nation has experienced an overall decline in oil and gas production in the major shale plays. According to Shale Plays Media, by July production in the major ...

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Law enforcement plans new crime fighting tactics on Bakken

BISMARCK, N.D. — Law enforcement officials say they are beefing up crime fighting efforts in the oil patch of North Dakota and Montana. A new strike force that includes state and federal agencies is meant to target organized crime, which has been blamed for much of the increases in human trafficking, violent offenses and drug dealing in the Bakken region. ...

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