Sparked by a 20,000 bbl leak from a Tesoro Logistics LP pipeline that went unreported in September by state officials for days, North Dakota is redefining its policy for handling oil and natural gas releases, resulting in a series of reports of small incidents in recent weeks. Longer term, state officials are working on a new set of guidelines affecting both the Department of Mineral Resources (DMR) Oil/Gas Division and the Department of Health.
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Tribes Interested in Building Gas Processing Plant in Bakken
The Three Affiliated Tribes of the Fort Berthold Reservation in western North Dakota are considering building a natural gas processing plant, a facility that would complement an oil refinery slated to begin construction in the spring.
North Dakota Bakken Oil Price Point May Be Coming
Ultimately the market will decide, but some industry stakeholders in North Dakota think the time may be fast approaching for the establishment of a Bakken crude oil price point, according to recent testimony to a state interim legislative committee examining the state’s energy future.
Enbridge Secures Marathon as Anchor Shipper For Sandpiper
Enbridge Energy Partners LP (EEP) and its parent, Calgary-based Enbridge Inc., have secured Marathon Petroleum Corp. (MPC) as an anchor shipper for the $2.6 billion Sandpiper Pipeline, which will transport light crude oil from the Bakken Shale and Western Canada by 2016.
Shale Oil Fattens Wallets In Texas, North Dakota
Operators have turned to shales because that’s where the oil is. So it’s not surprising to find that shale towns are also where the money is, according to personal income data from the U.S. Bureau of Economic Analysis (BEA).
Oneok Partners to Expand North Dakota Natural Gas Operations
North Dakota’s swelling revenues from robust shale-driven production should get richer based on an announcement Tuesday by Tulsa-based Oneok Partners LP to invest $650-780 million by 2016 for new natural gas infrastructure, spending that could relieve a chronic flared gas problem.
North Dakota Seismic Grows; New Plays May Follow
Seismic activity has picked up again this fall in North Dakota in areas outside the Bakken-Three Forks plays, according to the Lynn Helms, director of the state’s Department of Mineral Resources (DMR).
North Dakota Sets More Production Highs; Big Oil Price Drop
North Dakota reported Friday it again has set new all-time records for natural gas and oil production as the price of its much-sought-after light sweet crude oil took a nosedive, dropping $14/bbl compared to October prices, according to the latest statistics from the state Department of Mineral Resources (DMR).
EIA Pegs Marcellus Gas Production at Nearly 13 Bcf/d in December
Natural gas production in the Marcellus Shale continues to surge higher, with 12.9 Bcf/d expected to come out of the prolific play in December, a 3.3% increase from 12.5 Bcf/d in November, according to EIA’s second Drilling Productivity Report (DPR) for key tight oil and shale gas regions.
Tesoro Bakken Refineries Unaffected by Oil Pipe Spill, CEO Says
Tesoro Corp.’s two refineries handling Bakken crude in North Dakota and Washington state were not affected by the company’s controversial pipeline spill late in September in a wheat field northeast of Tioga, ND, Tesoro CEO Greg Goff said last Thursday during a quarterly earnings conference call.