Tag: Bakken

California to see surge in oil brought in by rail

Government regulators predict a surge in U.S. oil production will means a steep increase in the number of trains carrying it to California refineries.  More »

Oil towns lead nation in population growth

New census data show a population surge as the oil boom draws workers and families to oil fields around the country. Some of the nation’s fastest-growing communities include two Texas towns in the Permian Basin and three cities near North Dakota’s Bakken Shale.  More »

Report: Bakken oil output to soar as spending hits $15B

Oil production in North Dakota and Montana’s Bakken and Three Forks formations will average 1.1 million barrels per day this year, according to estimates announced Wednesday by a research firm.  More »

Feds: Industry hampering oil train safety

U.S. transportation officials rebuked the oil industry Friday for not giving up information regulators say they need to gauge the danger of moving crude by rail, after several accidents highlighted the explosive properties of fuel from the booming oil shale fields on the Northern Plains.  More »

US now pumping 10 percent of the world’s crude

The United States accounted for 10 percent of world crude oil production in the fourth quarter, with oil from unconventional tight rock operations accounting for almost half of the crude American wells produced.  More »

Marathon increasing its domestic shale presence

Marathon is continuing to ramp up its presence in domestic shale plays, saying that the Eagle Ford, Bakken and Oklahoma Woodford still provide it some of the world’s best investment opportunities.  More »

Oil mars swamp months after crude train crash

The isolated wetland smelled like a garage when a reporter from The Associated Press visited last week, and the charred skeletons of burned trees rose out of water covered with an iridescent sheen and swirling, weathered oil.  More »

Air Liquide starts up nitrogen plant for North Dakota drillers

Air Liquide has started up a nitrogen plant in North Dakota to supply oil field operations there, the company said Wednesday.  More »

Is shale running short on ‘PowerBars’?

North America may be in the midst of an energy renaissance, but that could be slowed or derailed by several limitations, including nature.  More »

Natural gas producers say they are here to stay

the growing demand and production of natural gas show that the industry is here to stay, panels agreed at a Wednesday panel at the CERAWeek energy summit in Houston.  More »

Oil exec: Decades of life left in Bakken Shale

Continental Resources President Rick Bott is bullish on the Bakken Formation and pushing back against critics who say the U.S. shale oil revolution will be short lived.  More »

Refiners ask for timeout on new oil-by-rail tests

Refiners are pleading with U.S. regulators for a timeout on new mandates on North Dakota oil before loading it onto train tankers.  More »
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