Bakken Shale

New permit requirements are set for oil, natural gas and saltwater disposal wells in North Dakota’s Williston Basin, the Oil/Gas Division in the state Department of Mineral Resources (DMR) said on Wednesday. They are effective June 1.

Super independent ConocoPhillips’ estimated resource base in the Eagle Ford Shale is 2.5 billion bbl of oil in place, much more than a previous forecast of 1.8 billion, management said Thursday.

The oil and gas division of North Dakota's Department of Mineral Resources (DMR) is planning a public hearing later this month for input on newly adopted Industrial Commission policy to reduce the amount of gas flaring at the wellhead.

Three years ago, as the amounts of associated natural gas being flared continued to soar in the Bakken Shale, North Dakota industry and state officials saw hope…

Although South Dakota officials had been hoping to cash in on the oil and natural gas boom in the Williston Basin, there is little chance operators…

The federal government's independent testing of Bakken crude oil's content and chemical composition is ongoing after its launch last fall, and the North Dakota Petroleum Council (NDPC) has launched its own testing program. Indications Tuesday were that eventually the government and the industry will share their respective test results.

Enable Midstream Partners LP, which develops and operates natural gas and crude oil infrastructure, on Tuesday launched an initial public offering (IPO) for 25 million common units, with expectations to raise up to $500 million at a price of $19.00-21.00.

The nation's energy boom, stoked by technological advances both onshore and offshore, drove significant economic growth for the oil and gas industry, which also fueled a corresponding population boom in resource-rich areas such as North Dakota and Texas between 2007 and 2012, according to the U.S. Census Bureau.

MDU Resources Group CEO Dave Goodin is still looking for the "beef" in a proposed $650 million natural gas transmission pipeline project…