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US oil and natural gas rig count drops by 6 to 888

rig

HOUSTON — Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by six this week to 888. Houston-based Baker Hughes said Friday that 660 rigs were seeking oil and 223 explored for natural gas. Five were listed as miscellaneous. A year ago, 1,861 rigs were active. Among major ...

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2014 ND taxable sales, purchases set record at $28.2 billion

BISMARCK, N.D. — North Dakota’s taxable sales and purchases increased 11 percent in 2014 to a record $28.2 billion. State Tax commissioner Ryan Rauschenberger (RAW’-shuhn-bur-gur) says the report released Tuesday “shows a continuation of rapid sales growth.” Taxable sales and purchases are a key indicator of economic activity in the state. And Rauschenberger says 10 of North Dakota’s 15 economic ...

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Company files for bankruptcy as production slows

Colorado’s oil and gas glut might soon taper off, The Denver Business Journal reports. For last few years, the state’s energy boom triggered a steep hike in oil and gas production, but cheap oil and waves of budget and workforce cuts may finally slow production. The U.S. Energy Information Administration expects Niobrara’s oil production to sustain a 16,000-barrel-per-day drop in ...

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Tribal officials say saltwater spilled near Mandaree

MANDAREE, N.D. — Tribal officials say they’re looking into a saltwater spill in western North Dakota. Three Affiliated Tribes Chairman Mark Fox says officials were notified of the spill near Mandaree by a pipeline operator Thursday. He says preliminary assessments indicate roughly 220,000 gallons of saltwater spilled in what’s primarily open field on the Fort Berthold Indian Reservation. According to ...

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Low oil prices good news for North Dakota road budgets

BISMARCK, N.D. (AP) — The same slumping oil prices that forced North Dakota’s Legislature to trim some state spending are stretching road construction dollars further, officials say. The reason: Prices for petroleum-based asphalt are down as much as 20 percent than what had been estimated for road building this summer, transportation department spokeswoman Jane Berger said. “It’s tied to oil ...

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Train derailments: Looking at track defects

On a snowy morning in February 2014, a Norfolk Southern freight train snaked east through rural Westmoreland County with 83 of its cars loaded with crude oil. It was cruising at about 30 mph near Vandergrift when it hit a section of track where the rail was slightly too far apart. The spikes designed to hold the rails in place ...

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