Bakken Shale

Whiting Sees Lower Costs, Raises Production Guidance

Whiting Petroleum Corp. said the addition of new pipeline infrastructure in the Williston Basin in the first quarter helped drop oil differentials below the low end of its guidance, while its operations team helped lower its lease operating expenses (LOE) during the downturn in oil prices. Read More

Dakota Access Impact to U.S. Oil Markets Uncertain, Say Analysts

Given that oil through a new pipeline travels at a snail’s pace, North Dakota’s Bakken Shale supplies now traveling through the controversial $3.68 billion Dakota Access Pipeline (DAPL) won't reach a market hub in south-central Illinois until mid-May, but it’s still unclear what 370,000 b/d* via pipeline will mean to domestic and export markets.

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Williston Basin Refracturing Pilot Shows Promise for Older Bakken Wells

A pilot program launched last year between Denver-based Whiting Petroleum Corp. and North Dakota's state-sponsored Oil/Gas Research Council (OGRC) has produced some encouraging results that have Whiting engineers and state energy officials salivating at long-term prospects for boosting oil/natural gas production in the second biggest producing state in the nation. Read More

Dakota Access Will Put Williston, Permian Basins on More Level Cost Basis, Helms Says

While reporting a return to 1 million b/d oil production, North Dakota's top oil/natural gas official also said Thursday the much maligned Dakota Access Pipeline should help "level the playing field" for Williston Basin supplies relative to the red hot Permian Basin where most of the U.S. exploration/production is focused currently. Read More

Dakota Access Pipeline Holds Open Season for Expansion

The principal backer of the controversial $3.68 billion Dakota Access Pipeline (DAPL) that only recently began flowing Bakken crude oil, Energy Transfer Partners (ETP) last Friday launched a binding supplemental open season aimed at expanding the capacity of the four-state, nearly 1,200-mile pipeline that terminates at a marketing hub in south-central Illinois.

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