The Iowa Utility Board(IUB) said Monday it will decide Thursday on a proposal by Energy Transfer Partners LP(ETP) to build the $3.8 billion, 1,154-mile Dakota Access LLCoil pipeline from the Bakken Shale in North Dakota to a hub in Illinois (see Shale Daily,March 3). IUB members will review a draft order from their staff during closed deliberations leading up to Thursday afternoon’s public session. Regulators in North and South Dakota, and in Illinois, already have approved the line, so the IUB action is the last major hurdle for the ETP project that bids to eventually transport volumes approaching half of North Dakota’s current 1 million b/d daily output of Bakken crude.
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Articles from North
North Dakota University Establishes Bakken U for Idled Oil Patch Workers
The North Dakota state university system has established “Bakken U” to help out-of-work oilfield workers cope with the industry’s retrenchment.
March 4, 2016
Reduced Production, Revenues Likely From BLM Flaring Rules, North Dakota Producers Say
The U.S. Department of Interior’s Bureau of Land Management (BLM) proposed rules governing flaring and venting of associated natural gas on public and tribal lands could cut production in parts of the Bakken by 20% and cause tens of millions of dollars in lost tax and royalty revenues, according to comments given Thursday to the federal agency by the North Dakota Petroleum Council (NDPC).
March 4, 2016
North America’s Unconventional NatGas Volumes Sharply Higher, IHS Says
North America’s potential natural gas resource base has risen by two-thirds since 2010, and more than half could be produced at a current Henry Hub breakeven of $3.00/MMBtu or less, according to IHS Inc.
February 18, 2016
North Dakota Begins Regulating Gathering Pipelines
From the mandate of state legislation (SB 1358) passed this year and two years earlier, North Dakota’s oil/natural gas regulators in the Department of Mineral Resources (DMR) have built a new unit for the first time to oversee the construction, operation and maintenance of the state’s expanding gathering pipeline systems.
December 17, 2015
NGI The Weekly Gas Market Report
Rigs Plummet; Analysts Hint at Months-Away Recovery
The North American rig count dropped by 31 units last week, according to Baker Hughes Inc., just as a group of oilfield services (OFS) analysts said in a note assessing the sector that things are “so bad it may be good.”
December 11, 2015
Rural Stokes County, NC, Adopts Three-Year Ban on Oil/Gas Development
The board of commissioners of rural Stokes County, NC, has adopted an ordinance establishing a three-year moratorium on oil and natural gas development, including hydraulic fracturing (fracking).
September 29, 2015
Halliburton’s New Round of Layoffs to Hit North America Hardest
Halliburton Co. is sending out another round of layoff notices within the next two weeks, with most of the jobs lost, including management positions, to affect North America.
September 24, 2015
New Ethane Lateral Proposed For North Dakota’s Canadian Exports
If state regulators give the green light this summer, construction could begin in September for a 47-mile, $85 million ethane pipeline lateral to boost volumes being sent to Alberta for its petrochemical complex.
August 21, 2015
New Effort on ‘Fueled by Flare’ Oilfield NGL Conversion
A Massachusetts company making natural gas vehicle (NGV) conversion kits on Thursday bought a California company’s Bakken-based natural gas liquid (NGL) processing technology, which it plans to use to fuel trucks and rigs working in the North Dakota oilfields using gas that was previously flared.
August 14, 2015
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