LATEST NEWS

14 hours ago

Hess outlines 2017 Bakken vision: more rigs, more fracks

BY Luke GeiverFound In:Exploration & ProductionThe Bakken's rig count will increase by as many as six rigs this year thanks to Hess Corp. In announcing its 2017 plans, the global operator said it would allocate roughly $700 million of a $2.2 billion budget to its Bakken operations. READ MORE

15 hours ago

SM Energy exiting Williston Basin for Permian

BY Luke GeiverFound In:Exploration & ProductionSM Energy is attempting to exit the Williston Basin. The independent exploration and production firm that sold roughly 55,000 net acres to Oasis Petroleum for $785 million in October last year has now announced plans to sell its main assets. READ MORE

January 11, 2017

Petro-Hunt contracted to operate former Bakken producer's assets

BY Luke GeiverFound In:Exploration & ProductionPetro-Hunt LLC, a privately-held operator based in Dallas with existing operations in the Bakken, has been contracted to take over where Emerald Oil left off. In November, Emerald Oil LLC completed bankruptcy proceedings, including an asset sale. READ MORE

January 11, 2017

US Strategic Petroleum Reserve selling sweet crude

BY Luke GeiverFound In:Infrastructure & ConstructionThe U.S. Department of Energy is selling 8 million barrels of sweet crude oil from its Strategic Petroleum Reserve. The sale will net the DOE $375.4 million and is only the third such sale of its kind in the last six years. READ MORE

January 10, 2017

EIA outlook: US set to become net energy exporter by 2050

BY Patrick C. Miller Found In:Exploration & Production, Products & TechnologyFor the first time, the Energy Information Administration is making U.S. energy market projections out to 2050 in its Annual Energy Outlook. The agency says that under the right conditions, America could become a net energy exporter. READ MORE

INDUSTRY EVENTS

NAPE Summit

February 15-17, 2017
George R. Brown Convention Center
Houston, Texas

2017 Williston Basin Petroleum Conference

May 2-4, 2017
Evraz Place
Regina, Saskatchewan

The Bakken Conference & Expo

July 17-19, 2017
Bismarck Event Center
Bismarck, North Dakota

Summer NAPE

August 16-17, 2017
George R. Brown Convention Center
Houston, Texas

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MAGAZINE: LATEST ISSUE

November 2016

Telling the Bakken's True Story

Glancing at 2017 Bakken Activity Expectations

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