Bakken
Exxon to Sell Arkansas Shale Gas Assets to Flywheel Energy
The assets under agreement include approximately 5,000 natural gas wells — 850 operated and approximately 4,100 non-operated — and related pipeline and processing properties across approximately 381,000 acres.
U.S. Update: Midstream Markets Turn Up Gas on Higher Prices, Global Demand
The surge of LNG expansion activity continued in March and April after the Ukraine invasion, as President Joe Biden promised the United States would deliver at least 15 Bcm in additional LNG to Europe this year than previously planned, with more to come in future years.
MPLX to Move Forward with Permian, Bakken Pipeline Expansion Projects
MPLX LP will advance projects focused on expansions and reducing bottlenecking on its crude and natural gas long-haul pipelines in the Permian and Bakken, starting with the 450-mile Whistler pipeline that transports from the Permian to South Texas.
Warburg Pincus Uses Price Volatility to Place RimRock Oil & Gas Up For Sale
Warburg Pincus is taking advantage of the upswing in commodity prices to offload Bakken gas producer RimRock Oil & Gas, its second attempt to sell the company in just over a year.
Cowboy Midstream Plans New Crude Offload Terminal
Construction activities are underway, and Cowboy expects the new terminal to be ready for crude oil receipt and transportation April 2022.
Dakota Access Pipeline Suffers US Supreme Court Setback
The U.S. Supreme Court on Tuesday rejected a bid led by Dakota Access Pipeline operator Energy Transfer to avoid additional environmental review of a section that runs under an artificial lake and is opposed by nearby Native American tribes, leaving the pipeline vulnerable to being shut down.
Bakken Buildup: Williston Basin Outlook Brightens Through Year of Midstream Expansion
As North Dakota’s largest processor of natural gas, ONEOK often serves as an industry bellwether for Williston Basin midstream activity, and with demand surging in 2021, the natural gas liquids major was bent on growth.
Western Basins Staying Alive in New Mexico, Colorado
With its portion of the rich Permian Basin booming, New Mexico is about to overtake North Dakota (Bakken Shale) as the nation’s second largest oil producing state, flowing more than 1.1 MMbpd.
Energy Transfer Completes DAPL Expansion, Updates Pipeline Projects
Energy Transfer said it has completed a phased expansion of Dakota Access Pipeline that boosted capacity to 750,000 bpd from 570,000 bpd even as it waged a legal battle for survival.
WBI Energy Begins Construction on ND Natural Gas Pipeline Project
WBI Energy, a subsidiary of MDU Resources Group, began construction this week on the North Bakken Expansion project in North Dakota. This natural gas pipeline expansion will have capacity to transport 250 million cubic feet of natural gas per day from the Bakken Formation.
US Federal Land Policy Still Leaves Room for Winning Hands
State energy officials have been laser-focused on the Biden administration’s suspension of new oil and gas leasing on federal lands because it could eventually curtail Bakken production by more than 100,000 bpd.
Continental Resources Ramping Up Bakken Operations, Adds Rigs to Powder River Basin
Shale oil producer Continental Resources on Thursday said it will ramp up activity in North Dakota's Bakken shale field this year as it shifts more of its production operations to crude oil from natural gas.
Democrats Asking Biden to Shut Down Dakota Access Pipeline
A group of 33 Democratic congress members are named on a letter to President Joe Biden asking him to shut down the Dakota Access Pipeline while it undergoes a court-mandated environmental review.
Bakken Facing Challenges in Coming Year
Going forward, the Bakken Shale region should continue to provide good opportunities for midstream companies in 2021, though it will face challenges recovering in the wake of the pandemic.
Appeals Court Deals Another Blow to Dakota Access Oil Pipeline
The decision by the U.S. Court of Appeals for the District of Columbia panel raises the chances that Energy Transfer LP's 557,000 barrel-per-day Dakota Access Pipeline (DAPL) will be shut pending environmental review.
U.S. Crude Oil Output Rises to 10.86 MMbpd in September
U.S. crude oil production rose 286,000 barrels per day in September to 10.86 million bpd, as production increases in North Dakota and the offshore Gulf of Mexico offset cuts in Texas.
Environmental Groups Appeal Illinois Approval of DAPL Expansion
Environmental groups are appealing a decision made last month by Illinois regulators to allow the expansion of the Dakota Access oil pipeline (DAPL), according to documents filed with the state.
Bakken Restart: Back to Basics with Idle Wells
Abandoned wells have long been a part of the more-than-a-century-old American oil and gas industry, but industry and state regulators have become more thorough in mitigating and remediating these retired well sites.
DAPL's Future Uncertain as Biden Presidency Looms
The election of Democrat Joseph Biden could create more headaches for the Dakota Access Pipeline's (DAPL) owners, who are already embroiled in legal battles to keep the main conduit for flowing oil out of North Dakota running.
Federal Judge Denies Bid to Halt Work on Keystone XL
A federal judge has denied a request by Native American tribes to halt work on the Keystone XL oil pipeline.
U.S. Army Corps Asks Appeals Court to Reverse Dakota Access Ruling
The U.S. Army Corps of Engineers has asked a court of appeals to reverse a ruling against the Dakota Access pipeline which invalidated an environmental permit that allowed the pipeline to operate on U.S. land.
New Mexico Close to Adopting Oil and Gas Water Rules
Energy regulators in New Mexico are close to adopting a new set of environmental rules regulating produced water from oil and gas operations.
Energy Transfer Vows to Keep Dakota Access Oil Flowing
Energy Transfer has vowed to fight a court order to shut down and empty the Dakota Access oil pipeline (DAPL), contending that U.S. District Judge James Boasberg overstepped his authority with the ruling.
Judge Gives U.S. Three Weeks to Detail Dakota Access Pipeline Options
A federal judge has ordered the U.S. Army Corps of Engineers to provide options for resolving the loss of a permit for the Dakota Access oil pipeline by the end of the month.
U.S. Appeals Court Allows Dakota Access Pipeline to Keep Running
A U.S. appeals court on Wednesday said that the Dakota Access Pipeline does not have to be shut and drained per a lower court order.
Pipeline Doubts put Bakken Shale Reboot on Hold
North Dakota oil producers face new pressures to delay bringing back more of their recently curbed output after a U.S. court ruling this month put in jeopardy the pipeline that transports most of the region's oil, executives and analysts said.
Energy Transfer Vows to Keep Dakota Access Oil Flowing
Energy Transfer vowed to fight a court order to shut down and empty the Dakota Access oil pipeline, contending that U.S. District Judge James Boasberg overstepped his authority with the Monday ruling.
U.S. Congressional Democrats Back Opposition to Dakota Access Pipeline
More than thirty U.S. congressmen and women have lent their support to an attempt by the Standing Rock Sioux Tribe to shut down the controversial Dakota Access oil pipeline while the Army Corps of Engineers conducts and environmental review.
Trans Mountain Expansion Starts Work in British Columbia
Work has begun on the embattled Trans Mountain pipeline expansion after billions of dollars in increased costs and several legal challenges threatened to derail the project.
Alberta Cuts Oil Output by 1 Million Barrels Per Day: Minister
The energy minister of Alberta, Canada's oil-producing province, has informed OPEC that the province has cut 1 million barrels per day (bpd) in production since many of the largest oil-producing countries around the world agreed to production cuts.
- Trump Aims to Revive 1,200-Mile Keystone XL Pipeline Despite Major Challenges
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
- ConocoPhillips Eyes Sale of $1 Billion Permian Assets Amid Marathon Acquisition
- ONEOK Agrees to Sell Interstate Gas Pipelines to DT Midstream for $1.2 Billion
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- U.S. LNG Export Growth Faces Uncertainty as Trump’s Tariff Proposal Looms, Analysts Say
- Tullow Oil on Track to Deliver $600 Million Free Cash Flow Over Next 2 Years
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- GOP Lawmakers Slam New York for Blocking $500 Million Pipeline Project
- Texas Oil Company Challenges $250 Million Insurance Collateral Demand for Pipeline, Offshore Operations
