Hess Corp. is using four Nabors all-electric drilling rigs in the Bakken. Nabors converted all of its Hess drilling rigs in the Bakken by installing its Canrig PowerTAP™ highline power transformer ...
Last year, when low oil prices cut North Dakota's Bakken drilling in half, things in Montana really didn’t look much different. It turned out the Treasure State really didn’t have much wealth beneath ...
LONDON, Nov 12 (Reuters) - North Dakota's Bakken oil fields are so important for the growth of U.S. production, and as the herald of a worldwide shale revolution, that any sign output is starting to ...
DICKINSON, N.D. -- When oil prices drop, rig workers winnow down and companies pull their drilling rigs into the Bakken's core, the discharged derricks and associated equipment have to go somewhere -- ...
Reports of record-breaking oil wells coming online in the prolific Bakken formation may not eliminate the sting of $4 gas. But at least there’s some satisfaction knowing the domestic oil industry is ...
HOUSTON, Dec 2 (Reuters) - Energy companies are slowing drilling in the Bakken Shale in North Dakota amid falling crude oil prices, the chief executive of natural gas producer EOG Resources Inc said ...
BILLINGS -- Oil drilling in Montana has all but tapped out, according to state records showing that Montana has been without a major drilling rig since April. Observers said the inactivity is due to ...
WILLISTON, N.D. - The Bakken oil boom is now five times larger than the area's 1980s oil boom, according to a new report by the Federal Reserve Bank of Minneapolis. Economists released this week an ...
Petrobank Energy and Resources Ltd. Petrobank Energy and Resources Ltd. on Monday announced a significant expansion to its southeast Saskatchewan land base highly prospective for Bakken light oil, ...
As energy prices plummet and rig counts fall hard, oil production in the Bakken looks ready to take a hit. Given even modest assumptions, investors should expect production in the region to decline, ...
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