You are browsing the archive for oil production.

Prices could plateau production: Helms says 2015 could be tough for oil

December 12, 2014 in Uncategorized

BISMARCK — With oil prices on a steep downward slump, 2015 could be a tough year for oil producers, North Dakota’s lead regulator for the industry.
“I started talking months ago about soft oil prices in 2015. I had no idea how soft,” said Ly…continue reading on thedickinsonpress.com

Prices could plateau production: Helms says 2015 could be tough for oil

December 12, 2014 in Uncategorized

BISMARCK — With oil prices on a steep downward slump, 2015 could be a tough year for oil producers, North Dakota’s lead regulator for the industry.
“I started talking months ago about soft oil prices in 2015. I had no idea how soft,” said Ly…continue reading on thedickinsonpress.com

Bottleneck blues: Full pipelines hinder flaring progress; State sets record for oil production

August 15, 2014 in Uncategorized

BISMARCK — North Dakota set another record for oil production in June, but reducing the amount of natural gas flared continues to be a struggle.
Preliminary oil production estimates for June were 1,092,617 barrels per day as good summer weather ha…continue reading on thedickinsonpress.com

Oil production, well permits increase

July 14, 2014 in Uncategorized

BISMARCK —  After passing the 1 million barrels per day benchmark in April, North Dakota oil production reached another all-time high in May of 1,039,635 barrels per day, according to preliminary numbers released by the Department of Mineral Re…continue reading on thedickinsonpress.com

Pipeline company says spill contained: Three Affiliated Tribes to take over investigation on leak into Missouri River

July 9, 2014 in Uncategorized

MANDAREE — The owner of a pipeline that is leaking near the Missouri River said Wednesday that the leak has been contained.
In a statement issued Wednesday, Crestwood Midstream Partners said an emergency response team has been on site and “worki…continue reading on thedickinsonpress.com

N.D. oil production hits 1 million barrels per day

June 17, 2014 in Uncategorized

WILLISTON – North Dakota has surpassed the much-anticipated milestone of producing 1 million barrels of oil per day.

The state produced an average of 1,001,149 barrels per day in April, according to preliminary figures released by the state Tues…continue reading on thedickinsonpress.com

North Dakota resisting BNSF push to keep oil-by-rail volume secret

June 6, 2014 in Uncategorized

BISMARCK — BNSF Railway, the nation’s main mover of crude oil by rail, has pressured North Dakota and other states to sign confidentiality agreements barring public release of estimates of how much Bakken crude they move and where — a new requi…continue reading on thedickinsonpress.com

Hess expects to produce as much as 90K barrels a day in N.D. in second quarter

April 30, 2014 in Uncategorized

Oil and natural gas producer Hess reported a higher-than-expected quarterly profit on Wednesday.

The company, a major operator in North Dakota’s Bakken shale formation and the U.S. Gulf of Mexico, posted first-quarter net income of $386 million,…continue reading on thedickinsonpress.com

Texas competition, winter, to limit ND oil production, study says

April 10, 2014 in Uncategorized

MINOT — North Dakota oil production, which is poised to break the 1 million barrels per day benchmark, will peak at 1.2 million to 1.5 million barrels per day over the next five years, limited by winter weather and competition from Texas, a Bismarc…continue reading on thedickinsonpress.com

Texas competition, winter, to limit ND oil production, study says

April 10, 2014 in Uncategorized

MINOT — North Dakota oil production, which is poised to break the 1 million barrels per day benchmark, will peak at 1.2 million to 1.5 million barrels per day over the next five years, limited by winter weather and competition from Texas, a Bismarc…continue reading on thedickinsonpress.com