Bakken

Hess Corp. said net production from its acreage in the Bakken Shale increased substantially in the third quarter, and it expects the full-year 2020 total to exceed year-earlier levels as the company weathers the pandemic’s demand shocks. The New York City-based independent said Wednesday Bakken net production rose 21% from a year earlier to 198,000…

Crestwood Equity Partners LP expects to finish out 2020 on record footing as a resumption of normal operations in core areas of the Bakken Shale and Permian Basin drive higher volumes of natural gas, oil and water. The Northeast also has “good potential for growth” as business in the challenging environment has stabilized, and prospects…

Despite anticipated increases in productivity per rig across seven key U.S. producing regions, overall oil and gas output from these areas is expected to fall across the board from October to November, according to updated numbers released Tuesday by the Energy Information Administration (EIA). The agency’s latest Drilling Productivity Report (DPR) projects that total natural…

North Dakota has two special rigs drilling in the Bakken Shale not included in the 10 reported in the July count that are exploring the potential for carbon capture and storage (CCS), as well as slurry fracture injections. A rig in Center is drilling a well to explore CCS prospects. Another rig in Johnsons Corner…

Parties to ongoing litigation challenging the continued operation of the Dakota Access Pipeline LLC (DAPL) have agreed to a schedule that would see the last brief filed in mid-December, raising the prospect that a ruling in the case won’t arrive until after the election. Lawyers in the case, between the Standing Rock Sioux Tribe and…

A substantial inventory in the Lower 48 of drilled but uncompleted wells, aka DUCs, could sustain drilling — without adding more wells — long into the coming year, according to a new analysis. “After DUCs run out, however, rig activity in the five key oil regions needs to be in the 280-300 range to maintain…

The three-year-old Dakota Access Pipeline (DAPL), which moves crude supply from North Dakota’s Bakken Shale, is facing pressure that puts “impossible” standards on any infrastructure development, according to the U.S. Army Corps of Engineers and sponsor Energy Transfer LP. The pipeline, completed in 2017 and carrying oil from the Bakken Shale of North Dakota since…

Oil and natural gas production from seven key U.S. onshore plays is set to decline in September, continuing a downtrend that began earlier this year, according to the latest Drilling Productivity Report (DPR) published Monday by the Energy Information Administration (EIA). EIA expects oil production from the Anadarko, Appalachian, Denver Julesburg-Niobrara and Permian basins, as…

North Dakota’s oil production remains depressed, but output is expected to exceed 1 million b/d in the coming months, according to the Department of Mineral Resources (DMR). During a webinar to discuss the latest statistics, DMR Director Lynn Helms said he expects rising oil prices should lead to more shut-in wells being brought online in…