More Unconventional News

Seismic activity linked to injection wells may vary by region

Mar 31, 2015

The US portion of the Williston basin produced fewer earthquakes caused by wastewater injection than basins in Texas, University of Texas at Austin researchers found.

Kinder Morgan Inc. purchased Hiland Partners for $3 billion

Mar 31, 2015

Kinder Morgan Inc. acquired Hiland Partners, a small pipeline operator, in a deal that gave KMI what Moody's described as KMI's "initial footprint in the Bakken" and helped diversify the largest US midstream company's crude oil transportation business.

Oil prices cross North Dakota tax threshold

Mar 31, 2015

It's limited to the first 75,000 bbl of oil produced from a new well or the first $4.5 million of gross value oil produced from that well.

Examiner stalls Shell's Bakken Rail Plans for Anacortes pending Environmental review

Mar 31, 2015

A Skagit County hearing examiner in Mount Vernon, Wa., halted Royal Dutch Shell's plans to move Bakken crude oil by rail to Shell's Anacortes refinery in northwest Washington state pending environmental and public health risk reviews, which could take at least 1 year.

Bakken Briefs

Mar 31, 2015

Pipeline leaks Bakken oil into Yellowstone River

Mar 31, 2015

Ice on the Yellowstone River delayed cleanup efforts by response crews after a section of Bridger Pipeline LLC's Poplar Pipeline, which runs under the river, ruptured and spilled Bakken crude oil, said the US Environmental Protection Agency.

Bakken crude derailments spur rail safety concern

Mar 31, 2015

Recent derailments of trains carrying Bakken crude oil prompted elected officials across various states to request that federal regulators expedite efforts addressing the safety of moving crude oil by rail.

NEB sees growth in bitumen production through 2018

Mar 31, 2015

Despite budget cuts for oil sands projects, Canada’s National Energy Board reports the potential of an additional 1 million b/d through 2018. Current bitumen production is less than 2.5 million b/d.

Chevron Canada applies with AER for 32 wells in Fox Creek area

Mar 30, 2015

Chevron Canada Resources has filed an application with Alberta Energy Regulator to drill 32 wells in the Duvernay formation in the Fox Creek area.

EIA: US oil output growth in 2014 largest in more than 100 years

Mar 30, 2015

US crude oil production, including lease condensate, increased during 2014 by 1.2 million b/d to 8.7 million b/d, the largest rise in volume since recordkeeping began in 1900, according to data from the US Energy Information Administration.

Chevron exits Cooper basin unconventional gas project

Mar 30, 2015

Chevron Corp. has pulled out of the Nappameri Trough unconventional gas project in the Cooper basin, leaving other joint venture partners Beach Energy Ltd. and Icon Energy Ltd. to go it alone.

US drilling slump a tough start to market correction

Mar 30, 2015

Two changes essential to reversal of a sagging oil market are coming into view: Supply expectations are falling, while demand looks-well, at least stronger than it did a few months ago.

DOE report identifies deficiencies in crude oil analysis techniques

Mar 30, 2015

A US Department of Energy report found gaps in important crude oil characterization data, uncertainty about how to best sample and analyze crude to ensure its properties are determined accurately, and deficiencies in understanding how a crude's properties affect its potential to accidentally ignite, combust, and explode.

Delayed West Ells SAGD project to start up this summer

Mar 27, 2015

Full first steam from the West Ells thermal oil sands project in the Athabasca region of Alberta is slated to commence in late June, with production launch in September.

BHI: US rig count decline smallest in 15 weeks

Mar 27, 2015

The US drilling rig count dropped just 21 units to settle at 1,048 rigs working during the week ended Mar. 27, representing the smallest decline in 15 weeks, according to data from Baker Hughes Inc.

Wyoming seeks judicial review of BLM’s new fracing regulations

Mar 27, 2015

Wyoming’s government sued in response to the US Bureau of Land Management’s final rule covering hydraulic fracturing on onshore public and Indian tribal lands. Gov. Matt Mead (R) directed the Attorney General’s Office to petition for review of final agency action in US District Court for Wyoming on Mar. 26.

Deck named senior VP of EnLink Midstream

Mar 27, 2015

Andrew A. Deck has been appointed senior vice-president of the Permian basin of EnLink Midstream, Dallas.

Analysts: Oil industry dealing with downturn better than years’ past

Mar 26, 2015

Investment bankers and analysts entrenched in the oil and gas industry say US companies have so far staved off the major negative impacts of the current industry downturn better than previous downturns by acting more proactively and aggressively.

Canadian oil industry jobs, revenues plunge

Mar 26, 2015

The Canadian oil industry will shed nearly 8,000 jobs this year as revenues fall by $43 billion (Can.) in response to the plunge in oil prices, predicts the Conference Board of Canada.

DOE report identifies deficiencies in crude oil analysis techniques

Mar 25, 2015

A US Department of Energy report found gaps in important crude oil characterization data, uncertainty about how to best sample and analyze crude to ensure its properties are determined accurately, and deficiencies in understanding how a crude’s properties affect its potential to accidentally ignite, combust, and explode.

Stay Connected