Tag: north dakota

North Dakota’s crude production continues to grow on strength of Bakken, Three Forks

Drillers are gaining new insights into the geologies of the Bakken Shale in North Dakota, where production is topping 1 million barrels a day.  More »

Whiting to buy Kodiak, creating larger North Dakota player

Whiting Petroleum Corp. agreed to buy Kodiak Oil & Gas Corp. for about $3.8 billion in stock, creating what it called the largest oil producer in the Bakken/Three Forks region of North Dakota.  More »

Influence game: Shaping railroad safety rules

Billions of dollars are riding on how oil train safety rules are written, and lobbyists from the railroads, tank car manufacturers and the oil, ethanol and chemical industries have met 13 times since March with officials at the White House and the Pipeline and Hazardous Materials Safety Administration.  More »

Near spill, reservation wrestles with oil’s impact

For many Native Americans on Fort Berthold Indian Reservation — a land that accounts for 300,000 of the 1 million barrels of oil produced by North Dakota daily — there is a difficult balance between the potential prosperity that oil and gas development can bring and the preservation of a land considered by cultural and religious tradition to be sacred.  More »

Foreign investors turn eyes to ND oil patch

Foreign investors more familiar with projects in the emerging markets of Eastern Europe and tropical escapes of Southeast Asia are finding a new destination for their dollars and francs: Western North Dakota’s oil patch that’s home to booming towns, low unemployment rates and high incomes  More »

Texas oil production set to top No. 2 OPEC country

Texas now is pumping 36 percent of the nation’s oil, more than doubling its production in three years, according to new federal data.  More »

Bakken Shale oil explorers told to cut flaring or face punishment

Energy companies that don’t curb so-called gas flaring will face limits on the amount of oil they can pump from the Bakken shale formation, the North Dakota Industrial Commission said in a statement today.  More »

North Dakota discloses oil train shipment details

Transportation Secretary Anthony Foxx said a pattern of fiery accidents involving trains carrying crude from the Bakken region of North Dakota and Montana had created an “imminent hazard” to public safety.  More »

Oil drilling threatens solitude of national park

Oil development is strictly forbidden within Theodore Roosevelt National Park itself, but park officials worry that the flares, lights and noise from drilling just beyond the protected area are sullying the natural spaces cherished by Roosevelt as a bespectacled young man in his mid-20s.  More »

North Dakota oil production surpasses 1 million barrels per day

North Dakota’s oil production surpassed 1 million barrels per day in April for the first time in history, according to preliminary state data released Tuesday.  More »

Oil boom produces jobs bonanza for archaeologists (photos)

Across the hyperactive oil fields of North Dakota, oil companies’ drilling plans often must wait for another team known for slow, meticulous study — archaeologists.  More »

Ranked: Oil states lead nation in economic growth

The energy industry was a major driver of economic growth in several of the nation’s fastest-growing states last year, including Texas and the Rocky Mountain region, according to data released Wednesday by the U.S. Bureau of Economic Analysis.  More »
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