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Killdeer ambulance service gets new home

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  • Husky: Canol ‘long-term’

    By While others start to pump up the Canol oil shale play in the Northwest Territories as a leading candidate to be the next Bakken, Husky Energy hammers home its realities. With C$ 386 million in spending commitments on the line for two parcels, Husky has every reason to hope for a breakthrough. To tha… [...]

  • Bakken Update: Bakken Well Costs Are Decreasing Faster Than Companies Indicate

    By By Michael Filloon: Unconventional well costs have pulled back significantly over the past two years. Not only will these costs continue lower, but current reductions have been better than expected. It is my opinion these costs are not correctly factored into analyst estimates. This is bullish the bottom line, and more specifically in the [...]

  • Firing on all cylinders

    By In the first quarter of 2013, EOG successfully tested its first well in the second bench of the Three Forks formation, saw its overall North Dakota oil production results beat the industry average because of 160-acre downspacing, and had its new wells outperform previous wells in the Bakken petroleu… Read the article… Music video [...]

  • Bakken Update: An Overview Of World Refining And How To Invest In 2013

    By By Michael Filloon: Refining has been one of the hottest sectors since late 2010. The industry has recovered nicely since “The Great Recession”, but uncertainties have caused a significant short term pull back. WTI/Brent differentials have tightened, hurting margins. Europe’s economy continues to lag, while China’s is growing slower than expected, hurting demand. If [...]

  • Warmer weather continues to help ND farmers

    By Spring wheat seeding is rated 26 percent complete. That is well behind last year’s 92 percent and the average of 53 percent. Read the article…

  • Bakken Update: Investment Trends In The Bakken’s First Quarter Of 2013, Part III

    By By Michael Filloon: The first quarter has turned out to be much better than expected in the Bakken. Most operators spent time drilling from pads, which was a good thing as the winter lasted longer with more snow than originally expected. Pad drilling requires that all the wells be drilled before completion work begins. [...]

  • Denver named No. 3 oil and gas city in the world

    By Bakken Oil Office Nicknamed the Mile High City because of its elevation, Denver was established in 1858 just east of the Rocky Mountains as a mining town during the Pikes Peak Gold Rush. Originally known as Denver City, the city was named after Kansas Territorial Governor James W. Denver. At the time, the area [...]

  • Bakken Update: Triangle’s Accounting Issue Is A Non-Factor

    By By Michael Filloon: Of all the operators in the Bakken, Triangle (TPLM) may be the most interesting. Not only because of how quickly it has grown, but where it came from. When it first began purchasing acreage in North Dakota, it already had sizeable acreage in Nova Scotia. This 410,000 net acres is in [...]

  • Keystone XL pipeline endorsed by the AFL-CIO

    By Bakken Oil Office Article by: Bob van der Valk There is no such thing in the petroleum business as perfect timing but in this case the Keystone XL pipeline project may just be the ticket to put North America over the threshold of becoming energy secure from Middle East countries from which we have [...]

  • Bakken Update: PBF Energy Misses, But Continues To Increase Bakken And Canadian Feedstocks

    By By Michael Filloon: Over the past few days several refiners have provided earnings for the quarter. Most of these have been quite good with top line numbers beating estimates and only a few missing on the bottom line. In reality, the pullback in the refiners seems overdone as we will continue to produce cheap [...]

  • Officials say costs from N.D. flooding adding up

    By Although spring flooding wasn’t as bad advertised in some areas, officials who are totaling the damages said the costs are piling up. Read the article…

  • Bakken Update: Investment Trends In The Bakken’s First Quarter Of 2013

    By By Michael Filloon: In January of 2013, I thought Bakken operators were expensive. Although these stocks did not appreciate like operators in other plays, I had hoped we would get a pull-back. I had stated the top ways to play this pull back was with Kodiak (KOG) and Triangle (TPLM). Triangle missed analyst estimates [...]

  • N.D. does badly in worker death report

    By  AFL-CIO issues report. Read the article…

  • Double the oil

    By Industry representatives polled more than a year ago by Petroleum News accurately predicted that the federal government would end up at least doubling the amount of crude oil that could be technically recovered from the U.S. portion of the Bakken petroleum system. That’s largely because the 2008 stu… Read the article…

  • Bakken Update: Investment Trends In The Bakken’s First Quarter Of 2013, Part II

    By By Michael Filloon: In the first part of this series I highlighted what operators are accomplishing so far in 2013. The market seemed prepared for poor earnings, but did not foresee the strong Bakken crude differential to WTI. This seems to be motivated by railing Bakken crude all over the country, freeing up pipe [...]

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