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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 business \ Dr. Joe Michels \ Solomon Bruce Consulting LLC
Money Begets Money
The title of our blog today was what my brother in law told me as we were sitting at his kitchen table. He was in the process of doing his bookkeeping and, low and behold, found some cash interspersed with his bills. Now, he figured that the cash had just been misplaced from his wallet. [...]
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 natural gas \ Bakken oil play \ north dakota \ North Dakota Petroleum Council \ Venus Transit
The Bakken is so hot…it glows from outerspace !
Around the global this week, humanity looked to the skies to catch an impressive view of the 54th transit of Venus across our sun since 2000 B.C.. That’s right “B C”….not 2000 AD ! The significance of the 2012 Venus transit is that, regardless of your age, it was the last in your lifetime. The next Venus [...]
bakken \ Bakken crude discount \ Bakken oil \ Enbridge Energy \ FERC \ High Prairie Pipeline \ north dakota \ pipeline bottlenecks
Pipeline Bottlenecks Plague Bakken Crude
Legal jabs between two pipeline companies servicing the oil fields of western North Dakota continues to add to the Bakken crude bottleneck at a large oil terminal in northwestern Minnesota. Currently, High Prairie Pipeline operates 250 miles of pipeline in the southwestern part of North Dakota and is proposing the construction of an additional 450 miles of pipeline designed to cross the state [...]
20th Annual Williston Basin Conference \ bakken \ Bakken boom \ Big Sky Business Journal \ EIA \ Evelyn Pyburn \ williston basin
More Oil? Speculation Tantalizes Oil Explorers
Editorial Note: Upon the heels of North Dakota’s wildly successful 20th Annual Williston Basin Conference, it seems fitting to take a retro look at a scoop published by the Big Sky Business Journal touching on the impending tsunami of the oil field activity that is now consuming western North Dakota. February, 2007 By Evelyn Pyburn Image Source: KULR 8, Billings, MT [...]
bakken \ Big Sky Business Journal \ Evelyn Pyburn \ Michael Ecobnomides \ Montana Energy 2012 \ Montana oil production \ Peak Oil Myth
Making ‘Shambles’ of ‘Oil Peak Myth’
In his presentation to Montana Energy 2012, Michael Economides told Montanans, “You are already a superpower in oil production. You have already defied the trends and once again showed the can-do attitude of this industry, smashing the myth of the ‘peak oil’” “You have redefined and defied the trends suggesting strongly the future of energy [...]
bakken \ Big Sky Business Journal \ CO2 Recovery \ Denbury Resources \ Enhanced Oil Recovery \ Evelyn Pyburn
Denbury to Invest Billions in CO2 Oil Recovery in Montana
While much attention has been focused on the massive oil production in North Dakota as a result of the technology of horizontal drilling, the technology of carbon dioxide (CO2) Enhanced Oil Recovery (EOR) promises to bring Montana into its own. Greg Dover, Vice President of Operations excellence for Denbury Resources, told a crowd of several [...]
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 [...]
Energy fact or fiction \ Kendall McRae \ The Naked Truth \ Wind Energy
The Naked Truth…Vampires Suck & Wind Blows
This article is the first in what will become a regular series, appropriately titled “The Naked Truth”. In this series we will feature energy related topics from a singular point of view: The Truth! In a world dependent on laptop computers, tech-tablets, and smart phones information is king. Yet, one of the simplest lessons of history [...]
