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3 hurt in second fire in a week at Wheatland, Wyo. plant

Basin Electric spokesman Daryl Hill said the fires didn't appear to be related. Basin Electric is the operating agent for the Laramie River plant. Read the article... …

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  • 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 [...]

  • Eastern Montana benefits from Bakken oil boom

    As many of you no doubt know, the Bakken shale formation is not limited to North Dakota, but stretches west into eastern Montana, and north into Saskatchewan as well. Some communities in the region have benefitted from tourism and worker inflows related to the boom. “It certainly did play a role in bed-tax numbers,” said [...]

  • Bakken oil by rail is here to stay

    Regardless of whether or not new pipelines are developed to transport oil out of the Bakken region and to refineries, rail transport will likely remain a vital component, according to this story from Petroleum News. The need for rail to move crude from Midcontinent fields will likely persist, even if plans for expanding pipeline links [...]

  • Bakken oil production increased in December

    After a decrease in oil production in November of last year, production got back on track in the last month of the 2012, and is expected to return to its pattern of steadily increasing production this spring. The state produced 768,853 barrels per day in December, a 4.6 percent increase from the previous month and [...]

  • Women and the Bakken oil boom

    It probably won’t come as a surprise to learn that the oil boom in North Dakota has created quite a disparity in genders, with women becoming a smaller part of the population as mainly men move to the area to work in the oil fields or related jobs. As a recent story in the New [...]

  • Democrats and Republicans fight over new ND tax plan

    The Republican majority in the North Dakota state legislature has introduced a new tax plan that will close some loopholes for oil companies, while at the same time lowering taxes. The Democrats, along with education and public worker groups strongly oppose the measure. “We know that the cost of education will continue to increase and [...]

  • Prison population also booming in North Dakota

    A recent Associated Press story on the booming prison population in North Dakota shows another example of the negative effects that are an inevitable part of any boom. The state’s seen a record growth in felonies since the oil boom took off, which is not surprising if you consider the record number of workers moving [...]

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