Bakken Shale News & Information

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About one and a half million barrels of high-quality oil comes from the Bakken every day. The North Dakota Petroleum Council says this helps bolster confidence in the US oil industry and reduce our...
Posted: January 24, 2020, 7:01 pm
Lentz’s experience includes representing a privately held upstream oil and gas company in its $1.8 billion sale of Bakken Shale assets and representing oil and gas producers as they prepared and .....
Posted: January 23, 2020, 1:20 pm
Cold Bore Technology Inc. ("Cold Bore"), a leader in fracking completion optimization technology, announced today that one of the largest oil producers in North Dakota's Bakken Formation (News - Al...
Posted: January 22, 2020, 7:25 am
U.S. oil and natural gas output in major shale formations is expected to rise by the smallest in about a year in February to record highs, the U.S. Energy Information Administration (EIA) said on ...
Posted: January 21, 2020, 6:04 pm
Given the profile of both producers, the rationale of this transaction seems clear. Granite oil produces medium oil from its "Alberta Bakken" pool at Ferguson in southern Alberta, Canada. The compa...
Posted: January 21, 2020, 1:59 pm
The Permian and Bakken regions have been the biggest drivers of a shale boom that has helped make the United States the biggest oil producer in the world, ahead of Saudi Arabia and Russia. However,...
Posted: January 21, 2020, 12:07 pm
EUR/USD risks falling to support of the trendline rising from Oct. 1 and Nov. 29 lows. The pair carved out an inverted bearish hammer on Tuesday, as it faced rejection at 1.1118 and ended on a ...
Posted: January 21, 2020, 11:59 am
Bakken Shale oil and natural gas production is unlikely to strengthen through the first quarter, according to the latest monthly statistics from North Dakota. Department of Mineral Resources Direct...
Posted: January 21, 2020, 8:12 am
In 2019, Granite invested approximately $6.4 million of capital expenditures (unaudited) into its 100%-owned Bakken oil property, representing approximately 45% of its Corporate funds from operatio...
Posted: January 19, 2020, 10:00 pm
U.S. oil output growth is expected to slow over the next five years, likely prompting oil majors to “gobble up” smaller shale oil producers, Mark Papa, shale pioneer and non-executive chairman of ....
Posted: January 14, 2020, 10:31 am
The vast Monterey shale formation is estimated by the U.S. Energy Information Administration to hold 15 billion barrels of technically recoverable oil, or four times that of the Bakken formation ...
Posted: January 13, 2020, 10:31 am
To reflect this change, S&P Global Platts created a periodic table of oil cataloguing 120 of the most important grades on international markets. Here are some of the grades that have recently come ...
Posted: January 13, 2020, 2:57 am

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