All Entries in the "News" Category
Bakken Area Receives $12 Million In State Funding
The Dickinson Press recently reported that the Bakken will receive $12 million in state funding this year to help the area’s public safety and emergency services as well as several growing schools in the area. The grant awards are designed to cover several different aspects of the area’s safety and emergency personnel, including new resources [...]
Fracking Causes Unhealthy Air Pollution Says Colorado Study
According to a study by the Colorado University, Denver Public Health School, anyone who lives within one-half mile of gas and oil well fracking operations has been exposed to pollutants in the air that are five times greater than federal hazard standards. This analysis is one of several studies in Colorado, Utah and Wyoming highlighting [...]
EPA Reports Fracking Could Be Causing Groundwater Pollution
The EPA announced back in December, 2012 that hydraulic fracking may be causing groundwater pollution near the small community of Pavillion, Wyoming. The EPA found that substances used in fracking had been found in local groundwater. This finding followed residents’ complaints that their water smelled like chemicals. Health officials had already advised that they not [...]
USGS Likely to Increase Estimate of Recoverable Bakken Oil
In a recent article from the Williston Herald, it’s reported that the U.S. Geological Survey is likely to revise their initial estimate of recoverable oil from the Bakken and Three Forks formations upwards. Oil industry executives, notably Harold Hamm, CEO of Continental Resources Inc., have been saying that for quite some time. Hamm has stated [...]
New Regulations in North Dakota to Increase Cost of Drilling
In a move that may negatively impact North Dakota’s burgeoning oil drilling industry, the state legislature’s Administrative Rules Committee has enacted new regulations that could potentially cost oil producers $400,000,000 each year. The new rules aim to more tightly govern how companies handle the pits, often found near wells, for capturing liquid waste generated in [...]
Interview with Continental Resources CEO Harold Hamm
Here’s a quick interview with Continental Resources (one of the main Bakken players) CEO Harold Hamm from The Kudlow Report on CNBC. This comes on the heels of President Obama’s recent comments in response to his critics on energy policy, referring to them as part of the “Flat-Earth society,” and implying they were out of [...]
The Bakken Oil Boom is Visible from Space
Thanks to satellite imagery from the National Geophysical Data Center, we can now see that the activity in the Bakken shale region is visible from space. The large red patch in the northwest corner of North Dakota represents the natural gas flaring in the Bakken region. That’s both very impressive, and somewhat sad in terms [...]
Canadian Pacific to Begin Shipping Bakken Crude by Rail
The North Dakota Bakken shale prospect is set to start providing crude oil for the Canadian Pacific Railway Ltd this summer. The report was released on Tuesday. 35,000 barrels a day are coming out of the workstation in Van Hook, ND, which lies 160.9 km (100 miles) east of Williston, ND. This falls right into [...]
North Dakota Becomes Third Largest Oil-Producing State
The state of North Dakota recently surpassed California in oil production, becoming the third biggest oil producer in the country. In the production totals that were released, North Dakota produced a total of 16.9 million barrels of oil in January while California produced only 15.8 million barrels. Because of this, North Dakota already has a [...]
Montana Company to Reduce Gas Flare Emissions in North Dakota
In order to reduce gas flare emissions in western North Dakota, a Billings, MT company stated that they should put out the gas emissions as they wait for installation of pipes that will collect the by product. The Co-founder of G2G, Brian Cebull said that this practice mentioned by Billings has been given more importance [...]
