Tagged Bakken

Falling oil prices, new regulations spell trouble for Bakken

Rate this article Article Abstract: Amid falling oil prices another factor has come into play that could start to curtail North Dakota39s crude production. On December 9th the state39s threeperson Industrial Commission approved from OilVoice Headlines Click Here To Read Full Article Visit OilVoice Headlines for more great articles.

Falling oil prices, new regulations spell trouble for Bakken

Rate this article Article Abstract: Amid falling oil prices, another factor has come into play that could start to curtail North Dakota’s crude production. On December 9th, the state’s three-person Industrial Commission approved an order requiring Bakken crude to be conditioned before it is transported. The order, to go into effect April 1, will limit…

U.S. rig count poised to shed 600 rigs within six months, Genscape says

Rate this article Article Abstract: LOUISVILLE, Kentucky — U.S. shale producers may begin producing less as crude prices drop to five-year lows — with some North Dakota Bakken operators already treading water — as rig counts nationwide are poised to decrease by nearly 600 in the next six months, according to Genscape. from WorldOil: WO…

Eagle Ford and Bakken Drilling Permits Fall 30%

Rate this article Article Abstract: Oil prices have plummeted 40% in the last six months, and that’s putting the kibosh on some new drilling across North American shale plays. According to DrillingInfo.com, applications for new drilling permits in South Texas’ Eagle Ford Shale and North Dakota’s and Montana’s Bakken Shale fell approximately 30% in November…

Bakken and North Dakota Production Report

Rate this article Article Abstract: The North Dakota Industrial Commission just published their Bakken Monthly Oil Production Statistics and also their ND Monthly Oil Production Statistics.Bakken production was down 1,598 barrels per day to 1,118,010 bpd. All North Dakota production was down 4,054 bpd to 1,182,174 bpd. From the Director’s Cut, bold mine: The drilling…