Archive for the ‘Bakken Shale’ Category

Crude oil output from the seven major US onshore producing regions is expected to rise 41,000 b/d month-over-month in February to 4.748 million b/d, according to data from the US Energy Information Administration.

The US drilling rig count dropped by 6 to 659 active units during the week ended Jan. 13, marking its first decrease since Nov. 11, 2016, and largest since the drilling rebound began at the beginning of June, according to Baker Hughes Inc. data.

Denver independent Whiting Petroleum Corp. has completed the sale of its midstream assets in North Dakota’s Williston basin to Tesoro Logistics Rockies LLC (TLRL), a division of Tesoro Corp. affiliate Tesoro Logistics LP (TLLP).

Undeterred by the upcoming holiday week, the US rig count recorded yet another double-digit weekly increase.  

Undeterred by the upcoming holiday week, the US rig count recorded yet another double-digit weekly increase.  

A recent surge in the US rig count has included double-digit increases in 7 of the last 12 weeks.

Crude oil and natural gas output from the seven major producing regions in the US is expected to begin 2017 with a modest increase, according to data from the US Energy Information Administration.

Protests against the Dakota Access Pipeline divert attention from serious questions about the rule of law and politicization of federal agencies. Images of Native Americans and environmentalists camping in snow play better than constitutional problems …

Protests against the Dakota Access Pipeline divert attention from serious questions about the rule of law and politicization of federal agencies. Images of Native Americans and environmentalists camping in snow play better than constitutional problems …

The US rig count has recorded an increase of 20 or more units twice in the last 4 weeks, accelerating a drilling rebound that spans more than 6 months.