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Category: Shale Oil

Category:
  • Shale Oil

North Dakota oil production falls 9,846 B/D in March

North Dakota’s crude oil production fell less than 1% or 9,846 b/d in March from the previous month, the state’s department of mineral resources said Thursday, a smaller decline than Continue Reading

Posted On : 13 May 2016 Published By : Tom Whipple
Category:
  • Shale Oil

North Dakota Oil Production Declining But Slowely

The North Dakota Oil Production Stats are out. North Dakota crude oil production was down just less than 10,000 barrels per day. Bakken crude oil production was down 7,743,000 bpd Continue Reading

Posted On : 13 May 2016 Published By : Tom Whipple
Category:
  • Climate
  • Shale Gas
  • Shale Oil

EPA Ready to Issue Methane Limits for New Oil and Gas Wells

The Environmental Protection Agency is set to issue on Thursday the first federal standards aimed at curbing methane emissions from the oil and natural gas industry, according to multiple people Continue Reading

Posted On : 12 May 2016 Published By : Tom Whipple
Category:
  • Shale Oil

Texas drilling permits down 20 percent

The number of oil and natural gas drilling permits issued by Texas regulators in April was lower year-on-year by 20 percent, state data show. The Railroad Commission of Texas said Continue Reading

Posted On : 12 May 2016 Published By : Tom Whipple
Category:
  • Shale Oil
  • USA

US banks face more pain despite crude’s rally

The recent rally in the price of oil is doing little to improve the prospects of overstretched borrowers in the oil patch, say banks and their advisers, raising the prospect Continue Reading

Posted On : 11 May 2016 Published By : Tom Whipple
Category:
  • Shale Oil

Path for US shale oil supply finds disagreement at Platts summit

Roughly 4,200 miles from the heart of the Bakken Shale, the future of US shale oil became the focus of the Platts Global Crude Oil Summit in London Tuesday. There Continue Reading

Posted On : 11 May 2016 Published By : Tom Whipple
Category:
  • Shale Gas
  • Shale Oil

Groundwater Contamination from Fracking Changes over Time: Study

A new Texas study has found that horizontal oil wells fractured by the injection of high volumes of chemicals, sand, and water contaminate nearby water wells with a variety of Continue Reading

Posted On : 11 May 2016 Published By : Tom Whipple
Category:
  • Shale Oil

North Dakota loses two rigs

The number of rigs operating in North Dakota was down two from the previous week and nearly 70 percent below this time last year, state data show. North Dakota state Continue Reading

Posted On : 10 May 2016 Published By : Tom Whipple
Category:
  • Shale Oil

U.S. oil drillers cut rigs for 7th week to Oct 2009 lows: Baker Hughes

Rigging equipment is pictured in a field outside of Sweetwater, Texas June 4, 2015. U.S. oil drillers cut rigs for a seventh week in a row to the lowest level Continue Reading

Posted On : 7 May 2016 Published By : Tom Whipple
Category:
  • Shale Oil

Continental Resources betting on market rebound

U.S. shale oil player Continental Resources said it expected its production to recover during the second half of the year on the back of market improvements. Harold Hamm, the CEO Continue Reading

Posted On : 6 May 2016 Published By : Tom Whipple

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