The energy industry in North Dakota broke virtually all the records in September, according to the most recent statistics from the Department of Mineral Resources (DMR).
Articles from Dakota
Construction on a crude oil refinery in North Dakota billed as the “cleanest” and first new U.S.-based facility in 50 years is ongoing despite a lawsuit that challenges the legitimacy of the state’s permitting process.
The two hottest oil and natural gas basins in the United States, the Permian and Williston, are both working through similar bottlenecks and constraints on their respective midstream infrastructure systems, according to North Dakota’s leading oil and gas regulator.
Acknowledging that it is somewhat of a long shot, North Dakota energy and geologic officials are re-evaluating whether sands in the state could be used in hydraulic fracturing (fracking), which has fueled the oil and natural gas boom in the Bakken Shale.
North Dakota regulators on Wednesday approved the conversion of a 42-mile portion of a crude oil pipeline to carry natural gas liquids (NGL) under a project by a unit of San Antonio-based Andeavor Logistics.
North Dakota regulators are pursuing energy policy reform, embracing collaboration with the industry and channeling the Trump administration’s goals.
With existing goals getting tougher to meet, North Dakota officials are primed to revise the natural gas capture rules as infrastructure companies struggle to keep up with record production growth in the Bakken Shale.
Continental Resources Inc. reported net income of $841.9 million in 4Q2017, which included more than $700 million in benefits from federal tax reform, as production surged in the North Dakota portion of the Bakken Shale and Oklahoma’s STACK (aka the Sooner Trend of the Anadarko Basin, mostly in Canadian and Kingfisher counties).
North Dakota’s chief oil and gas regulator said Thursday he is concerned about the energy industry’s ability to meet tougher natural gas capture goals.
North Dakota Republican Sen. John Hoeven and energy industry stakeholders are urging the U.S. Geological Survey (USGS) to undertake another comprehensive review of the Williston Basin, anticipating that an updated assessment may spur more interest in the Bakken Shale, which is producing about 1 million b/d.