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Tag Archives: Natural Gas

Natural gas not the best option for everyone

Natural Gas

In a state that “flares,” or burns off, 29 percent of the gas it produces as it comes out of the ground, about 91 communities can use natural gas to heat their homes but it’s not an option for everyone. “It’s not as easy as flipping a switch,” said MDU Resources spokesman Rick Matteson. Installing natural gas in a community ...

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Arsenal Energy Inc. Announces North Dakota Well Results

arsenal energy

CALGARY, ALBERTA–(Marketwired – Jul 17, 2013) – Arsenal Energy Inc. (“Arsenal“) (AEI.TO) (AEYIF) is pleased to announce the successful drilling and completion of two Bakken wells at Stanley, North Dakota. Both wells were fracture stimulated over the two mile horizontal wellbore section. The John Paul 11-2H produced 1,442 bbl oil during a 24 hour test period at a flowing pressure ...

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Oil, natural gas production sets new record

The Bakken in North Dakota

Oil, natural gas production sets new record Posted 6/19/13 (Wed)  By Kate Ruggles McKenzie County Farmer In spite of a late spring with snow and unseasonably cold temperatures that put drilling and fracking work on hold in North Dakota’s oil patch, the North Dakota Industrial Commission says that April was another record-setting month for oil and natural gas production in ...

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Low-cost natural gas boosting ND

Bakken Natural Gas

North Dakota has rapidly become a multi-faceted energy exporter. Crude oil and natural gas have joined electricity produced from coal as major state exports. It’s a narrative that the state has pursued for decades. But fracking and crude oil production have produced a spinoff story. Low-cost natural gas, a byproduct of oil production, has begun to benefit existing North Dakota ...

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Chevron, Argentina’s YPF sign $1.24 bln Vaca Muerta shale deal

Chevron Corp

Tue Jul 16, 2013 7:56pm EDT * First major private investment since YPF re-nationalized * Argentina changed regulations on Monday to lure shale investment By Alejandro Lifschitz and Karina Grazina BUENOS AIRES, July 16 (Reuters) – U.S. oil company Chevron Corp signed an agreement with Argentina’s YPF on Tuesday to invest $1.24 billion in the Vaca Muerta shale oil and ...

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State Dept. approves ND-to-Alberta gas pipeline

Bakken Natural Gas Pipeline

BISMARCK, N.D. (AP) — The U.S. State Department has approved construction of the North Dakota portion of a gas pipeline from Tioga into the Canadian province of Alberta, Sen. John Hoeven said Tuesday. The proposed $300 million, 430-mile Vantage Pipeline is slated to supply ethane from North Dakota’s oil patch for Alberta’s petrochemical industry beginning later this year, the Republican ...

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Low energy prices giving ND manufacturers competitive edge

Bakken Natural Gas

BISMARCK, N.D._ On a national scale, cheap natural gas retrieved through fracking is being credited with helping to resurrect the manufacturing industry. On the state level, affordable energy means lower overhead costs for North Dakota manufacturers. Meanwhile, the state is looking for other benefits it could provide. Many manufacturers in the state use natural gas to heat large buildings. Others, ...

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ND drillers to get tax breaks natural gas usage

Posted: Monday, July 1, 2013 8:59 am Updated: 7:17 am, Tue Jul 2, 2013. ND drillers to get tax breaks natural gas usage Associated Press | BISMARCK, N.D. (AP) — New legislation offers North Dakota oil drillers tax breaks beginning Monday if they stop burning and wasting natural gas. The Republican-sponsored bills passed the Legislature this year. They offer oil ...

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