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Last weekend 35 Montana Tech students toured production facilities in the Bakken oilfield of eastern Montana and North Dakota to learn about energy production.
Last month, I wrote an article here on Seeking Alpha about the Bakken, one of the largest oil and natural gas regions covered by the EIA (Energy Information Administration) in its monthly Drilling ...
The number of rigs in North Dakota slid from roughly 140 in October 2014 to just 70 by the beginning of 2015. In Montana, the rig count slid from eight to one.
WILLISTON, N.D. - Hess Corp., one of North Dakota's largest oil and gas producers, will cut spending and operate fewer rigs in the Bakken this year, but plans to drill almost as many wells as last ...
WILLISTON – Some oilfield companies that laid off workers in the Bakken are now hiring again, particularly for jobs related to hydraulic fracturing.
In first-quarter 2023, Hess’s net production from the Bakken was 163,000 boe/d compared with 152,000 boe/d in the prior-year quarter, primarily due to higher NGL volumes received under ...
An oil rig north of Belfield, N.D., off of U.S. Highway 85 is shown Wednesday morning after its derrick collapsed. A Nabors Well Service representative said no one was injured in the incident.
Efficiencies have resulted in 40 percent more wells being drilled per rig. In 2012, each of Continental's rigs will drill an average of 11 wells, compared with seven last year.
One major Bakken producer, Continental Resources, recently announced it will cut its Bakken rigs by half of what it had planned for 2015, down to 11 from the 19 rigs it expected to have drilling ...
WILLISTON, N.D. – Oil companies are drilling faster and focusing on core areas of the Bakken, leading to a surprise increase in North Dakota oil production in May, the state’s top regulator ...
Crude for February delivery was posted at $50.35 per barrel on the NYMEX Monday. The active rig count in North Dakota dipped to 170 Monday, a drop of 14 rigs drilling in less than three weeks.
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