Archive for the ‘Bakken Shale’ Category
One Pacific Northwest crude rail terminal shelved as another refiles
October 10th, 2016 by Latest News
Royal Dutch Shell PLC’s US division cited depressed prices and lower Bakken crude-oil production as it suspended its request for state permits on Oct. 6 to construct a terminal to receive crude by rail at its Puget Sound refinery at Anacortes, Wash. The Vancouver Energy joint venture submitted an updated application to the state the same day, with several important safety and operating changes, for a similar project farther south.
The Obama administration’s decision to withdraw and reconsider permits it issued for the proposed Dakota Access crude oil pipeline raises serious questions about the future of building US systems and the livelihoods of the project’s construction worker…
SM Energy to offer Williston basin assets
October 4th, 2016 by Latest News
SM Energy Co., Denver, hopes to sell its Williston basin properties outside a program in Divide County, ND.
The Obama administration’s decision to withdraw and reconsider permits it issued for the proposed Dakota Access crude oil pipeline raises serious questions about the future of building US systems and the livelihoods of the project’s construction workers, general presidents of the International Brotherhood of Teamsters and four other labor unions said.
The US drilling rig count jumped 11 units to 522 rigs working during the week ended Sept. 30, according to data from Baker Hughes Inc. Seven oil-directed and 4 gas-directed units began operations.
BHI: US rig count up 5 to 511
September 23rd, 2016 by Latest News
The overall US drilling rig count gained 5 units to 511 rigs working during the week ended Sept. 23, according to Baker Hughes Inc. data. Three gas-directed and 2 oil-directed units began operations.
Estimates by the US Energy Information Administration indicate the August count of drilled but uncompleted (DUC) wells in the seven major US shale oil- and gas-producing regions totaled 5,031, down slightly from the 5,065 counted in July.
The US Departments of Justice, Interior, and the Army jointly blocked construction of a portion of the proposed Dakota Access crude oil pipeline after a federal district judge rejected an Indian tribe’s request for a preliminary injunction.
Resource Energy bids for Samson Bakken assets
September 9th, 2016 by Latest News
Resource Energy Can-Am LLC, Denver, entered a stalking-horse agreement with bankrupt Samson Resources Co., Tulsa, to buy Bakken play properties in North Dakota and Montana for $75 million.