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Pace

Bakken Fracking In a Lull, But 2013 Looms Big

Bakken Fracking In a Lull, But 2013 Looms Big

In the midst of continued oil/natural gas production growth, albeit at a slower pace, North Dakota’s drilling activity has slowed significantly and the amount of hydraulic fracturing (fracking) even more so, according to the state’s top oil/gas official. Activity is projected to increase again next year, however, with continuing technology advances.

December 20, 2012
North Dakota Production Growth Slowed

North Dakota Production Growth Slowed

The latest monthly totals for oil and natural gas production in North Dakota show continued growth in September, albeit at a slower pace than previous months, a report from the state Industrial Commission’s Department of Mineral Resources (DMR) showed Tuesday.

November 15, 2012

Eagle Ford Blooms for Rosetta

During the third quarter, Houston-based Rosetta Resources Inc. quickened its pace in the Eagle Ford Shale where it grew production 68% from the year-ago level; production was also wetter. Management also disclosed last week that the company is testing two new areas outside of the Eagle Ford.

November 12, 2012

Eagle Ford Shale Blooming for Rosetta

During the third quarter, Houston-based Rosetta Resources Inc. quickened its pace in the Eagle Ford Shale where it grew production 68% from the year-ago level; production was also wetter. Management also disclosed Thursday that the company is testing two new areas outside of the Eagle Ford.

November 12, 2012
Rail Transport of Bakken Oil Skyrockets

Rail Transport of Bakken Oil Skyrockets

The railroad transportation of Bakken oil supplies continues to grow, and transporters are investing in new facilities on a pace with pipeline takeaway growth, according to the latest statistics from the North Dakota Department of Mineral Resources (DMR) and the state pipeline authority.

November 2, 2012
North Dakota Oil, Gas Output Shoots Higher

North Dakota Oil, Gas Output Shoots Higher

North Dakota continued its torrid pace for month-over-month production increases in oil and natural gas, driven principally by the Bakken Shale play, according to statistics released Wednesday by the state Department of Mineral Resources’ (DMR) Industrial Commission. The latest statistics are as of the end of July.

September 14, 2012

Gas, Coal to Tango for Rest of Injection Season, Says Barclays

Natural gas duked it out with coal at a record pace in 2Q2012, and third-in-a-row hot summer temperatures helped to knock out more of the gas storage overhang, but the rest of the injection season may turn into a delicate tango between coal displacement and low prices, Barclays Capital energy analysts said Thursday. “Sufficient” displacement may not be achieved unless gas prices average in the mid $2 range in September and October, said analysts Shiyang Wang and Michael Zenker.

September 4, 2012

Gas, Coal to Tango for Rest of Injection Season, Says Barclays

Natural gas duked it out with coal at a record pace in 2Q2012, and third-in-a-row hot summer temperatures helped to knock out more of the gas storage overhang, but the rest of the injection season may turn into a delicate tango between coal displacement and low prices, Barclays Capital energy analysts said last week. “Sufficient” displacement may not be achieved unless gas prices average in the mid $2 range in September and October, said analysts Shiyang Wang and Michael Zenker.

September 3, 2012

Flat Rig Count Can’t Stop North Dakota’s Record Production Pace

North Dakota oil and natural gas production maintained its record pace through the end of May, according to the latest statistics from state Department of Mineral Resources Director Lynn Helms. Oil and gas production both hit all-time highs again in May.

July 24, 2012

North Dakota Production Keeps Record Pace

North Dakota oil and natural gas production maintained its record pace through the end of May, according to the latest statistics from state Department of Mineral Resources Director Lynn Helms. Oil and gas production both hit all-time highs again in May.

July 24, 2012