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Bakken Formation Station

Latest oil and gas news on the Bakken Oil Shale formation.
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The North Dakota Petroleum Council (NDPC) and the Western Dakota Energy Association (WDEA) this week released the results of a North Dakota oil and gas tax revenue study they jointly sponsored. The purpose of the study was to review the oil and gas extraction and gross production tax collections by the state of North Dakota, […]

Source Feed: Bakken Oil Business Journal
Categories: bakken oil, bakken, north dakota, oil and gas, tax revenue

WASHINGTON – In response to the announcement that Interior Secretary Ryan Zinke will step down at the end of the year, Thomas J. Pyle, President of the American Energy Alliance, made the following statement: “In the two years that Zinke has led the Department of the Interior, he has served the country in a way […]

Source Feed: Bakken Oil Business Journal
Categories: bakken oil, oil news, policies, american energy alliance, gas, interior secretary ryan zinke, national environmental policy act, oil, politics

Bismarck, N.D. – Secretary of the Interior Ryan Zinke will deliver the keynote address at the 26th Annual Williston Basin Petroleum Conference (WBPC) at 9:10 a.m. on Wednesday, May 23 at the Bismarck Event Center in Bismarck, N.D. More than 2,000 people from 34 states and 4 Canadian Provinces have pre-registered for the conference. “The […]

Source Feed: Bakken Oil Business Journal
Categories: expos, north dakota, oil news, policies, shows & conferences, 2018, bismarck, donald trump, north dakota petroleum council (ndpc), president trump, ryan zinke, trump administration, williston basin petroleum conference









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NEW YORK - Benchmark New York gasoline futures tumbled on Wednesday to near their lowest since 2011, offering the prospect of $3 a gallon gasoline to U.S. motorists as refiners churn out a growing surplus of the fuel.  Talk about this topic

Source Feed: Bakken | The Dickinson Press | Dickinson, North Dakota

CARTWRIGHT - A 53-year-old man died after skidding past the stop sign and colliding with a semi truck at McKenzie County Road 16 and U.S. Highway 200 about 9 p.m. Wednesday.  Talk about this topic

Source Feed: Bakken | The Dickinson Press | Dickinson, North Dakota

LONDON - U.S. crude fell towards $96 a barrel to its lowest since July on Wednesday, outpacing a smaller drop in Brent futures, pressured by ample supplies and a further inventory build-up in the United States, the world's top consumer.  Talk about this topic

Source Feed: Bakken | The Dickinson Press | Dickinson, North Dakota

BILLINGS, Mont. - A Mexican man arrested last month on an immigration violation faces new drug charges as part of what authorities say was a wide-ranging conspiracy to sell methamphetamine in the Bakken Oil Patch.  Talk about this topic

Source Feed: Bakken | The Dickinson Press | Dickinson, North Dakota

Kodiak Oil & Gas Corp, which primarily drills for oil in North Dakota's Bakken shale formation, said on Tuesday its third-quarter average daily sales volumes rose 54 percent from the second quarter.  Talk about this topic

Source Feed: Bakken | The Dickinson Press | Dickinson, North Dakota

Tesoro Logistics LP said on Monday it still did not have a date to restart a North Dakota oil pipeline that ruptured in September and spilled 20,600 barrels of crude onto farmland.  Talk about this topic

Source Feed: Bakken | The Dickinson Press | Dickinson, North Dakota



A tour planned for Monday aims to draw attention to an area north of Minot where oil development is blamed for damaging the land, something organizers say could happen in the Bakken if precautions aren't taken.  Talk about this topic

Source Feed: Bakken | The Dickinson Press | Dickinson, North Dakota


North Dakota and Montana have an estimated 3.0 to 4.3 billion barrels of undiscovered, technically recoverable oil in an area known as the Bakken Formation. A U.S. Geological Survey (USGS) assessment, released in April of 2008 showed a 25-fold increase in the amount of oil that can be recovered compared to the agency's 1995 estimate of 151 million barrels of oil.

Source Feed: Oil in the Bakken
Categories: bakken formation, barrel, horizontal drilling, middle east, usgs

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