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bakken \ Bakken oil production \ Bakken Rig Count \ Bank of North Dakota \ Dr. Joe Michels \ Solomon Bruce Consulting
Is the Bakken Dying?
The recent crude oil production decline in the Bakken has given some cause to worry that the “Good Times” are ending. The failure to hit oil production targets in October and November 2012, have caused some initial concern. This decrease in production, the first in 19 months, was blamed on weather conditions, as well as [...]
Brad Richards \ Dan Eichholz \ fracking \ fracking regulation \ Illinois Oil and Gas Association \ Illinois Petroleum Council \ oil and gas industry
Fracking Industry Ready for Regulation
When it comes to oil and natural gas, we’ve all heard the refrain: “industry opposes regulation.” Despite how common this statement has become, nothing could be further from the truth. In fact, the oil and natural gas industry in Illinois supports what would be the most comprehensive regulatory package for hydraulic fracturing in the nation. [...]
bakken \ Bakken Pipelines \ Bakken Shale \ North Dakota Petroleum Council \ Russ Ness \ Terry Steainwand
Too Few Bakken Pipelines
Ron Ness, president of the North Dakota Petroleum Council expressed this week that too few pipelines transporting Bakken Crude from the western North Dakota oil fields is creating a threat to local wildlife. Approximately 50% of North Dakota’s record oil production is shipped either by rail or truck due to a general lack of pipeline [...]
Bakken boom \ Bakken Crude \ Bakken Crude Express Pipeline \ Bakken Shale \ Oneok \ Oneok Partners
Bakken Crude Express Pipeline Derailed
Tulsa, Oklahoma based Oneok Partners LP reported this week that their proposed $1.8 billion oil pipeline from North Dakota to Oklahoma, known as the Bakken Crude Express Pipeline, has been derailed due to the company’s inability to secure enough commitments to transport Bakken crude. While the overall outlook for crude oil supply is healthy from [...]
bakken oil field \ Bakken oil play \ Health Oil Play \ Jon Sonju \ Montana \ Montana coal \ Montana energy \ Montana Govenors Race \ Montana Oil \ Rick Hill
Vote for Energy and Natural Resources in Montana
By: Republican Gubenatorial Candidate, Rick Hill Energy & Natural Resource: I am not ashamed to call Montana the Treasure State. With an abundance of natural resources that other states can only dream of, Montana has the potential to supply energy and natural resource commodities to our entire nation and the global economy beyond. We [...]
Bakken boom \ bakken oil field \ horizontal drilling \ hydraulic fracturing \ oil exploration \ Williston North Dakota
Oh Sure, I’ve Heard of the Bakken
We presented at a meeting the other day and asked how many in the room had heard of the Bakken? Well, it looked like everyone had heard of the Bakken, but the group was a little short on details. Below are two short clips, originally done in 2008 on the Bakken. They are a nice quick [...]
bakken \ bakken oil field \ horizontal drilling \ hydraulic fracturing \ oil field jobs \ oil field terminology \ Schlumberger \ screen out
Down Time is Money in the Oil Field
Benjamin Franklin, often short of words, but long on meaning first uttered the saying, “Time is Money” way back in 1748. His point – time is valuable and money is wasted when we fail to use our time productively. Not too difficult of a concept to grasp in business. But when your business is oil [...]
bakken \ environmental regulation \ EPA \ fracking \ hydraulic fracturing \ oil and gass
*So what’s all the fuss about fracking?
So what’s all the fuss about fracking? Its most vocal opponents charge that fracking will burn your water, pollute your air, and cause the very ground to shift beneath you. The oil and gas industry obviously disagree. So who’s right? Well, not being a scientist I have to base my opinions on information I get [...]
addicted to oil \ energy dependence \ Mark Mathis \ SpOILed \ spoiled the movie
“It’s Time to Fill Up on the Truth”
“America is Addicted to Oil.” The phrase has been repeated so often it’s accepted as a fact, but is it? Or, is the word “addiction” simply distracting us from what should be obvious to everyone? Like it or not, oil is the lifeblood of the modern world. It spoils us in more ways than we [...]
Asian coal demand \ bakken \ Bakken oil \ Mark Mathis \ Montana coal \ SpOILed \ world energy consumption
The Life Blood of Civilization
Energy is the lifeblood of ALL civilized society! This unarguable truth is the underlying premise brought to light by Mark Mathis’in the movie “SpOILed” which premiered in Billings, Montana on Friday, March 30th. Energy (predominantly oil) is a factor of production, that is embedded in virtually every aspect of modern America where we as consumers do what we do [...]
