Tag: north dakota

Phillips 66 Partners teams up to move Bakken crude

The joint ventures will support the construction of a pipeline and rail terminal aimed at providing long-term and cheaper options to transport crude from a region that produces 1.2 million barrels per day of oil.  More »

Tribal head to speed North Dakota pipeline talks

The Three Affiliated Tribes has demanded environmental assurances and cash for permission for it to pass through land it recently acquired.  More »

Dayton: Pipelines part of solution to rail backlog

Heavy rail traffic originating from North Dakota’s oil fields has long been blamed for the shipping delays that have affected farmers and coal and propane suppliers throughout the Midwest.  More »

Photos: Amid shale oil boom, “man camps” still growing

Life has changed quickly for the small towns at the center of the shale oil boom  More »

Texas leads nation in oil field job growth

The resurgence in domestic drilling made possible by new techniques like hydraulic fracturing and horizontal drilling has created thousands of new jobs since the recession, and nowhere is that more evident than the Lone Star State.  More »

Low oil prices send chills through oil patch

Lower oil prices, while good for the broader U.S. economy, are a threat to what has been a surprising and dramatic surge in oil production in the U.S.  More »

Berkshire Hathaway railroad adds surcharge on older oil tank cars

The railroad operator the first major U.S. operator using fees to encourage shippers to scrap the puncture-prone older cars.  More »

Markets for advanced rigs rising, Nabors CEO says

Rising prices for the Bermuda rig contractor’s most advanced machines are helping Nabors crank out more of them for operators in U.S. shale plays.  More »

Tesoro Logistics to acquire Colorado company for $2.5 billion

The deal is expected to close by the end of the year.  More »

Eagle Ford expected to hit 1.6 million barrels next month

The Eagle Ford Shale is expected to make 1.61 million barrels of oil per day in November, up 42 percent from the year before, according to a new government report. The field is making around 1.58 million barrels of oil daily this month, according to the U.S. Energy Information Administration.  More »

N.D. governor: State responding to natural gas flaring problem

About one-third of the natural gas produced in North Dakota is burned off due to a lack of infrastructure  More »

N.D. officials tout $4 billion plastic factory

Two top North Dakota lawmakers were among the supporters of the project that would convert some of the state’s abundant natural gas into plastic.  More »

Magnum Hunter sells North Dakota acreage for $85 million

Magnum Hunter Resources Corp. will sell a portion of its Bakken acreage for $84.7 million, the Houston-based exploration and production company announced Thursday afternoon.  More »

New pipelines threaten U.S. Gulf Coast oil premium

U.S. Gulf crude is set to drop below international prices, after trading at a premium for the longest stretch in a year, as new pipelines bring additional supplies to the region.  More »

Houston coal firm gets deeper into oil with $340M deal

Houston mineral rights owner Natural Resource Partners is buying oil land operated by one of the largest players in North Dakota for $340 million, it said Monday.  More »
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