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LATEST NEWS

May 22, 2019

Oxy, Carbon Engineering plan direct air capture plant for Permian

BY Oxy Low Carbon Ventures LLC, Carbon Engineering Found In:Exploration & Production, Infrastructure & ConstructionOxy Low Carbon Ventures LLC, a subsidiary of Occidental, and Carbon Engineering Ltd., a Canadian clean energy company, have announced they are jointly proceeding with the engineering and design of the world's largest facility. READ MORE

May 21, 2019

New completion designs, breakevens help Bakken break records

BY Luke GeiverFound In:Exploration & ProductionA historic, decades-old oilfield in North Dakota is responsible for one of the highest barrel per day initial production rates ever recorded from a well on land in the U.S. The results have big implications for the Bakken and Three Forks shale plays. READ MORE

May 21, 2019

Breakeven oil prices underscore shale’s impact on the market

BY Michael Plante, Kunal Patel Found In:Exploration & ProductionThe oil price that companies need to profitably drill new wells has closely tracked prices for long-dated oil futures in recent years. The emergence of U.S. shale production seems to be playing a large role in anchoring long-term oil prices. READ MORE

May 21, 2019

Red Wolf team back in shale after SCOOP/STACK acreage buy

BY Luke GeiverFound In:Exploration & ProductionAfter forming in February, Red Wolf Natural Resources is back in the shale game. Drew Deaton and his team previously worked in developing shale assets in multiple plays including the DJ Basin and Anadarko Basin. READ MORE

May 21, 2019

AI-powered shale software developer gains $15M investment

BY Luke GeiverFound In:Products & TechnologyArtificial intelligence software designed for the energy industry continues to gain investor attention. Tachyus, a production optimization software developer that first gained investor backing in 2014, just earned another $15 million. READ MORE

May 20, 2019

ExxonMobil outlines Permian's operational impact on NM's economy

BY ExxonMobil Found In:Exploration & ProductionThe state government will receive an estimated $62 billion in net fiscal benefits, $44 billion of which will come from new leases and royalties, according to the research. About $8.5 billion will come from state oil-and-gas severance taxes. READ MORE

INDUSTRY EVENTS

2019 Bakken Conference & Expo

July 16-17, 2019
Bismarck Event Center
Bismarck, North Dakota

North Dakota Energy Conference & Expo

November 13-14, 2019
Alerus Center
Grand Forks, North Dakota

Top News - Headlines from the Week

Sponsored by The Bakken Conference & Expo

MAGAZINE: LATEST ISSUE

April 2019

Petroleum Researchers Shift Focus

Growth of the Original Shale Play

Rethinking Resource Utilization

Current Characteristics of Bakken Well Completions

In Terms of the Bakken

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