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Tag Archives: Three Forks

ETP files petition for Bakken pipeline permit

pipeline construction

Dakota Access LLC, a subsidiary of Texas-based Energy Transfer Partners, has filed a petition with the Iowa Utilities Board requesting a permit to move ahead with a crude oil pipeline that would stretch more than 340 miles across 18 Iowa counties, including Story. The petition was filed just more than a month after the conclusion of public meetings that IUB ...

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Top 5 stories of the week

Here are the top five stories from Bakken.com for the week of December 29, 2014, through January 2, 2015. Enjoy! 1. The end of North Dakota’s oil boom is here The Williston Herald is reporting that the Bakken Club, a business which made national headlines by operating as an exclusive, members only club in a tiny western North Dakota town, has ...

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American Eagle Energy suspends drilling operations amidst falling oil prices

The recent fall in oil prices has claimed yet another victim, for now. American Eagle Energy, based out of Littleton, Colorado, has announced that the company is suspending its drilling operations and likely won’t resume until oil prices improve, according to the Wall Street Journal. American Eagle Energy provides exploration and productive long-term reserves from some of North America’s most ...

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North Dakota reaches record oil production for August

canola pump jack

Platts.com reported today that North Dakota has yet again increased its oil and natural gas production during the month of August. Based on statistics released by the Department of Mineral Resources today, the state produced 1.132 million barrels per day (b/d) of oil. Well count in the area is also at an all-time high of 11,563. Natural gas production also ...

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Vitesse Energy buys up Bakken assets for $186.5M

Vitesse Energy, LLC has announced the successful acquisition of non-operated oil and gas assets in the Williston Basin from EnerVest Operating LLC valued at $186.5 million. A press release from Vitesse Energy stated that the assets acquired include a working interest in approximately 600 wells and over 19,000 net acres primarily in Williams, McKenzie and Mountrail counties. The initial price ...

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SM Energy buys Bakken assets, names new CEO

oil production

SM Energy, an independent oil and gas exploration company, will appoint a new chief executive officer when the current company head retires early next year, according to a report by the Denver Business Journal. Javan D. Ottoson will take the position on Jan. 15 of next year. He was named SM’s president in October 2012 and had been serving as ...

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WBPC preview Bakken strong

choppa

By Scooter Pursley for the Bismarck Tribune People were ready. The phones were queued up, the people in Bismarck were ready and those getting ready to order tickets were online. Events like these have been known to sell out fast. The question was how fast? Four minutes after registration opened for companies wanting one of the roughly 300 booths available ...

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