Helms

‘Worst Drop Ever’ in North Dakota Production, Helms Says

‘Worst Drop Ever’ in North Dakota Production, Helms Says

North Dakota’s latest oil/natural gas production statistics include the “good, bad and ugly,” but the state’s chief oil/gas regulator, Lynn Helms, stressed the latter in pointing to a 70,400 b/d oil production drop month-to-month as the biggest decline the state has experienced.

June 16, 2016

Water Is Another ‘Add-On’ in Bakken Future, North Dakota Official Says

In addition to better exploiting the value of natural gas and natural gas liquids, the next chapter of Bakken Shale development in North Dakota will be written about water, according to Lynn Helms, the state’s chief oil/gas regulator.

May 31, 2016
Ethane Part of North Dakota’s Value-Added Strategy

Ethane Part of North Dakota’s Value-Added Strategy

As North Dakota attempts to add value to its deep oil/natural gas production, the state’s chief oil/gas regulator, Lynn Helms, said Wednesday that work is ongoing to promote a major ethane industry in the state.

May 26, 2016
Bakken Slowdown Has Allowed For Infrastructure Catch-Up, Efficiency Improvements

Bakken Slowdown Has Allowed For Infrastructure Catch-Up, Efficiency Improvements

North Dakota’s top oil/natural gas regulator said Monday there are some positive outcomes from the two-year price slump that continues to confound the industry, while also recognizing that a good deal of hurt has been spread across the Bakken and other major shale plays.

May 24, 2016

Stakeholders Still Assessing Macroeconomic Fallout of Oil Price Drop in North Dakota

As Bismarck, ND prepared this week for another Williston Basin Petroleum Conference (Tuesday-Thursday), North Dakota oil/natural gas stakeholders continued to deal with the longer-term economic impacts from low commodity prices: thousands of job losses, reduced public sector tax revenues and the need to keep some economic momentum.

May 24, 2016

North Dakota Finds ‘Significant Heartburn’ in EPA Methane Actions

Lynn Helms, director of North Dakota’s Department of Mineral Resources (DMR), has expressed concerns about the U.S. Environmental Protection Agency’s (EPA) three final rules governing emissions from new oil and gas wells (see Shale Daily, May 12).

May 17, 2016

North Dakota Finds ‘Significant Heartburn’ in EPA Methane Actions

Lynn Helms, director of North Dakota’s Department of Mineral Resources (DMR), has expressed concerns about the U.S. Environmental Protection Agency’s (EPA) three final rules governing emissions from new oil and gas wells (see Shale Daily, May 12).

May 17, 2016
Bakken’s 1 Million b/d Production Unlikely to Hold

Bakken’s 1 Million b/d Production Unlikely to Hold

With the number of uncompleted wells continuing to rise in the Bakken Shale, it is doubtful the 1 million b/d production level can be maintained into next year, North Dakota chief oil/natural gas official Lynn Helms said Thursday in releasing the state’s latest production statistics.

May 13, 2016
Bakken’s 1 Million b/d Production Unlikely to Hold

Bakken’s 1 Million b/d Production Unlikely to Hold

With the number of uncompleted wells continuing to rise in the Bakken Shale, it is doubtful the 1 million b/d production level can be maintained into next year, North Dakota chief oil/natural gas official Lynn Helms said Thursday in releasing the state’s latest production statistics.

May 13, 2016
Fundamentals, Not OPEC Freeze, Likely to Stabilize Oil Prices, Say Experts

Fundamentals, Not OPEC Freeze, Likely to Stabilize Oil Prices, Say Experts

The failure to reach an agreement to freeze global oil production by the Middle Eastern-led oil cartel may play to the market fundamentals, but it also could lead to more U.S. bankruptcies as oil prices continue to decline, industry experts said Monday.

April 19, 2016
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