April 30, 2013 in The Dickinson Press
BISMARCK The government estimates up to 7.4 billion barrels of oil can be recovered from the Bakken and Three Forks formations in the Dakotas and Montana, using current technology. Continue Reading
January 23, 2013 in The Dickinson Press
GRAND FORKS Last week’s terrorist attack on an Algerian oil facility could divert Norwegian oil giant Statoil to increased oil production in safer regions, including North Dakota’s Bakken and Three Forks formations, where the two-thirds government owned Statoil already has made a heavy investment. Continue Reading
June 1, 2012 in The Dickinson Press
BISMARCK (AP) A petroleum marketing official says North Dakota’s sole oil refinery is planning a two-week shutdown this month to launch an expansion project that will bump the factory’s capacity by 10,000 barrels daily. Continue Reading
May 23, 2012 in The Dickinson Press
BISMARCK Oil development could push North Dakota’s population to 1 million people, the state’s director of mineral resources said Wednesday as one of his predictions for the state’s future. Continue Reading
April 9, 2012 in The Dickinson Press
BISMARCK A natural gas company on Monday announced a proposal to get into the crude oil business by building its own 1,300-mile oil pipeline from North Dakota to the nation’s biggest storage terminal in central Oklahoma. Continue Reading
April 6, 2012 in The Dickinson Press
One question on the minds of energy enthusiast is how much oil and gas the Oil Patch is going to produce. The U.S. Geological Survey plans to have a new estimate and answers in the fall of 2013, officials said.
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January 25, 2012 in The Dickinson Press
BISMARCK (AP) North Dakota’s natural gas production, which has been rising in step with its booming oil output, may require more pipeline capacity to carry the fuel to markets, a state official said.
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December 22, 2011 in The Dickinson Press
BISMARCK (AP) Federal oil and gas lease sales in the Dakotas and Montana set a record in fiscal 2011, with parcels in western North Dakota’s booming oil patch fetching the most revenue, the Bureau of Land Management said Thursday.
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May 19, 2011 in The Dickinson Press
BISMARCK (AP) The U.S. Geological Survey says it will perform a new assessment of the Bakken and Three Forks oil formations in North Dakota and Montana. Continue Reading
by INFORUM
January 20, 2011 in INFORUM
Hamm says western North Dakota shale formation holds 20 billion barrels
BISMARCK Billionaire oilman Harold Hamm told North Dakota bankers on Thursday that government estimates of recoverable oil in the Bakken and Three Forks formations are too conservative. Continue Reading
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