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Tag Archives: North dakota oil production

In North Dakota, donations slip as oil slides

salvation army williston

BISMARCK, N.D. — Thousands of layoffs from the oil industry’s slide have taken a toll on donations in western North Dakota’s oil patch, just as charities say their need is increasing. Donations to the Salvation Army were down by more than 60 percent in Williston, in the heart of oil country, as of mid-December. And energy companies that used to ...

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North Dakota sees further declines in oil production ahead as prices hit seven-year low

North Dakota’s oil price has dropped to a seven-year low, and operators are drilling fewer new wells, portending future declines in production, the state’s Mineral Resources Department reported Wednesday. “We are looking at a lot of belt tightening and we are looking at it to continue through the entire first half of 2016,” Lynn Helms, director of the regulatory agency ...

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North Dakota oil output slides 2 percent in September

WILLISTON, N.D. – North Dakota’s daily oil production fell 2 percent in September as slipping crude prices again weighed on the state’s energy industry and forced cuts in the use of drilling rigs and fracking crews. The state produced 1,162,253 barrels of oil per day (bpd) in September, compared with 1,187,631 bpd in August, according to the Department of Mineral ...

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Top 5 Bakken stories of the week

In case you missed them, here are the top five stories from Bakken.com for the week of October 10th through the 17th. Enjoy! 5. Oil prices strengthen, shrug off Goldman warning: Kemp LONDON – Timespreads for West Texas Intermediate (WTI) and Brent futures have strengthened significantly over the last month as fears about another big build up in crude oil ...

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Oil official: Federal rules threaten North Dakota’s output

BISMARCK, N.D. — Forget slumping crude prices — it’s a “suite” of proposed regulations by the Obama administration that most threaten North Dakota’s oil production, a top industry official said Wednesday. “Jurisdictional overreach appears to be the norm in the federal agency rulemaking process,” North Dakota Petroleum Council Vice President Kari Cutting told a state legislative committee on energy development. ...

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Top 5 Bakken stories of the week

Here are the top five stories from Bakken.com for the week of September 12th through the 18th. Enjoy! 5. North Dakota may let more oil wells be temporarily idled WILLISTON, N.D. – North Dakota’s oil regulators said on Monday they may allow more wells to be temporarily abandoned, a step that would permit producers to delay fracking beyond the typical ...

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