Tagged Bakken

Pipeline companies weather downturn in prices of natural gas, oil – Tribune-Review

Rate this article Article Abstract: Bakken.com Pipeline companies weather downturn in prices of natural gas, oilTribune-ReviewDepressed natural gas prices are causing challenges for the energy industry, but analysts say pipeline builders in Western Pennsylvania are largely shielded from the fallout that has resulted in spending cuts by companies that drill and produce gas.3 Exciting Marcellus…

It Don’t Come Easy – Low Crude Prices, Producer Breakevens And Drilling Economics – Part 3

Rate this article Article Abstract: On Friday (January 23, 2015) West Texas Intermediate (WTI) futures prices closed under $46/Bbl for the second time this year. RBN’s analysis of producer internal rates of return (IRRs) for typical oil wells indicates that Bakken IRRs have fallen from 39% in the fall of 2014 to just 1% today….

Kinder Morgan buys Hamm’s Hiland Partners to gain Bakken footprint

Rate this article Article Abstract: HOUSTON — Kinder Morgan Inc. (KMI) has announced a definitive agreement whereby KMI will acquire Hiland Partners from its founder, Harold Hamm, and certain Hamm family trusts, for a total purchase price of approximately $3 billion, including the assumption of debt. from WorldOil: WO Wire Daily News Click Here To…

Natural-Gas Futures Drop as Temperature Forecast Rises – Wall Street Journal

Rate this article Article Abstract: Bakken.com Natural-Gas Futures Drop as Temperature Forecast RisesWall Street JournalThe anticipated drop in demand comes as robust domestic production continues to deliver ample natural-gas supplies throughout the winter. As of last week, the U.S. had 2.8 trillion cubic feet of natural gas in storage, 11% more than a year ago…

Bakken and Eagle Ford production up 1.6% in December 2014

Rate this article Article Abstract: Oil production from the Bakken shale play in North Dakota and the Eagle Ford shale play in Texas increased 45,000 barrels per day (b/d), or 1.6%, in December 2014, according to Bentek Energy, an analytics and forecasting unit of Platts, a global provider of energy, petrochemicals, metals, and agriculture information….

Crude train activity resumes at Stroud, OK, terminal as cushing stocks build

Rate this article Article Abstract: CUSHING, Oklahoma (Genscape) — Following two months without arrivals, there have been four crude trains monitored unloading so far this month at EOG’s Stroud terminal, near Cushing, OK, where market participants are increasingly storing barrels to benefit from West Texas Intermediate’s (WTI) contango price structure. The storage hub has become…