Welcome

Sign in to get the best natural gas news and data. Follow the topics you want and receive the daily emails.

Bakken Shale

Hess Moving Forward with Bakken Ramp-Up on Strong Oil Prices

Hess Moving Forward with Bakken Ramp-Up on Strong Oil Prices

U.S. independent Hess Corp. said Wednesday it was moving forward with plans to ramp up drilling activity in the Bakken Shale amid continued commodity price strength. Hess plans to add a third rig in the Bakken in September, something it previously said it would consider if oil prices continued to improve. “We have been operating…

July 29, 2021
Higher Commodity Prices Driving Crestwood’s Activity, Enhanced Margins

Higher Commodity Prices Driving Crestwood’s Activity, Enhanced Margins

Crestwood Equity Partners LP expects the higher commodity prices that drove increased drilling and completion activity in the second quarter of 2021 to fuel even higher utilization of its assets in core areas for the remainder of the year. The Houston-based midstreamer’s gathering and processing (G&P) segment, which was hit hardest during last year’s Covid-induced…

July 29, 2021
North Dakota Oil Production Flat, But Gas Increases 1%

North Dakota Oil Production Flat, But Gas Increases 1%

North Dakota’s Bakken Shale oil production under-performed in its most recent monthly statistics, reflecting a “serious shortage of hydraulic fracturing (fracking) crews,” the state’s chief oil/natural gas regulator Lynn Helms reported Tuesday. Helms told a webinar with reporters that he expects to see improvement in the summer months, but the May statistics — 34.9 million…

July 22, 2021
Whiting Petroleum Bets on Bakken While Divesting DJ Basin Assets

Whiting Petroleum Bets on Bakken While Divesting DJ Basin Assets

Citing the current oil and natural gas commodity price environment and what makes the most sense on a capital investment basis, Whiting Petroleum Corp. on Wednesday doubled down on its exploration and production operations in the Bakken Shale of North Dakota. At the same time, it jettisoned all of the company’s oil and natural gas…

July 22, 2021
MDU Begins Work on Bakken Natural Gas Pipeline Expansion

MDU Begins Work on Bakken Natural Gas Pipeline Expansion

An MDU Resources Group Inc. subsidiary has started construction on nearly 100 miles of new natural gas pipeline and other infrastructure that would boost takeaway capacity from the Bakken Shale in northwestern North Dakota. FERC on July 8 gave the all-clear for WBI Energy Inc. to begin work on the 250 MMcf/d North Bakken Expansion…

July 21, 2021
Ranger Further Expands Wireline Footprint with PerfX Acquisition

Ranger Further Expands Wireline Footprint with PerfX Acquisition

Ranger Energy Services Inc. has further boosted its wireline presence in the Lower 48 following the acquisition of PerfX Wireline Services, its second takeover since May.  The Houston-based oilfield services company said last week it had acquired Minot, ND-based  PerfX in an all-stock deal. The deal follows the acquisition of Patriot Completions Solutions LLC in…

July 12, 2021
Bakken Pipeline Expected to Help North Dakota Production, Natural Gas Capture

Bakken Pipeline Expected to Help North Dakota Production, Natural Gas Capture

A Bakken Shale natural gas pipeline project is expected to increase North Dakota’s efforts to raise production and reduce flaring, according to the director of the state’s Pipeline Authority. MDU Resources Group Inc.’s pipeline unit, WBI Energy Inc. earlier this month received approval for an expansion project to build the North Bakken pipeline. Construction should…

June 18, 2021
North Dakota Oil, Natural Gas Production Climb in April

North Dakota Oil, Natural Gas Production Climb in April

North Dakota exceeded its monthly production level projections for April, but it may be losing its bragging rights to New Mexico as the second largest oil producing state. Oil production was up 1% in April month/month to 33.6 million bbl, or 1.126 million b/d. Natural gas output grew at a 3.1% rate to 88.89 Bcf,…

June 16, 2021
Ending Slide, Seven Key U.S. Onshore Regions to Raise Natural Gas Output in July, EIA Says

Ending Slide, Seven Key U.S. Onshore Regions to Raise Natural Gas Output in July, EIA Says

Breaking from a prolonged downtrend that dates back to before the Covid-19 pandemic, natural gas output from seven key U.S. onshore regions is poised to grow from June to July, according to updated modeling from the Energy Information Administration (EIA). Natural gas production from the Anadarko, Appalachia and Permian basins, as well as from the…

June 15, 2021
EIA Models Higher Natural Gas Output from Lower 48 for First Time Since Pre-Covid

EIA Models Higher Natural Gas Output from Lower 48 for First Time Since Pre-Covid

Breaking from a prolonged downtrend that dates back to before the Covid-19 pandemic, natural gas output from seven key U.S. onshore regions is poised to grow from June to July, according to updated modeling from the Energy Information Administration (EIA). Natural gas production from the Anadarko, Appalachia and Permian basins, as well as from the…

June 14, 2021