Bakken

Six months after cutting its rig count in half, Continental Resources Inc. made record production for the second quarter and raised its production guidance for the rest of the year, but the company said it plans to drop two of its 10 operated rigs deployed in the Bakken Shale if commodity prices don’t improve, and will increase its focus on the Midcontinent.

Led by its substantial interest in the Bakken Shale in North Dakota, Hess Corp.’s overall production in the second quarter increased 23% to 391,000 boe/d, which has led the company to increase full-year forecasts overall.

Although its pipeline oversight is relatively limited, the North Dakota Public Service Commission (PSC) this month has been focused on several major oil pipeline projects critical to moving Bakken crude to market.

When oil production was on a steep curve upward over the past five years, North Dakota oil/natural gas officials, like the industry they oversee, were working hard to keep up with the unparalleled growth. Today, they are working just as hard to figure out what the current pullback in that growth means longer term.

When oil production was on a steep curve upward over the past five years, North Dakota oil/natural gas officials, like the industry they oversee, were working hard to keep up with the unparalleled growth. Today, they are working just as hard to figure out what the current pullback in that growth means longer term.

The PBS Newshour Wednesday aired a report from a nonprofit investigative broadcast organization that alleged that Bakken Shale producers and operators are allowing unsafe working conditions that have resulted in up to 70 oilfield deaths over the past 10 years.

The PBS Newshour Wednesday aired a report from a nonprofit investigative broadcast organization that alleged that Bakken Shale producers and operators are allowing unsafe working conditions that have resulted in up to 70 oilfield deaths over the past 10 years.

The rig counts and production moved into reverse during April in North Dakota but the number of producing wells and prices for Bakken Shale sweet crude pushed forward, the Department of Mineral Resources reported Friday.

The rig counts and production moved into reverse during April in North Dakota but the number of producing wells and prices for Bakken Shale sweet crude pushed forward, the Department of Mineral Resources (DMR) reported Friday.