Bakken only for Abraxas in 2015, production gains expected

Abraxas Petroleum, the San Antonio-based exploration and production company, believes it will increase oil production in 2015 despite the current low crude price environment. To do so, the company will only work in the Bakken.

Emerald reports Q4 production increase despite low oil price

During the fourth-quarter of 2014, Emerald Oil Inc. reported a total production increase of 377,250 barrels of oil equivalent, or roughly 4,100 barrels of oil equivalent per day, up 69 percent from fourth-quarter 2013.

TransCanada responds to latest Keystone XL pipeline hurdle

After the U.S. Senate last week joined the House in a bipartisan effort to pass bills approving the Keystone XL pipeline, the U.S. Environmental Protection Agency this week introduced a new wrinkle that could further delay the project.

Occidental Petroleum cuts spending, scales back in the Bakken

Occidental Petroleum Corp. will scale back operations in the Williston Basin and is reducing its 2015 capital cost budget by 33 percent in response to low oil prices.

ConocoPhillips reissues 2015 U.S. plans

In ConocoPhillips' fourth-quarter earnings release, the company reported a 35 percent growth in the Eagle Ford and Bakken production compared to 2013. In 2015, the company plans to run six rigs in the Eagle Ford and three in the Bakken.

Oil prices cause ND legislators to revise revenue forecasts

State tax collections during the upcoming 2015-2017 biennium are expected to be the second highest in state history, despite a drop in crude oil prices that forced legislators to review the projected tax revenue generated from oil and gas production.

Industry Events

NAPE Summit

February 10-13, 2015
George R. Brown Convention Center
Houston, Texas

WEBINAR: Flaring’s New Era: The Current and Future State of Flaring in the Bakken

February 11-11, 2015
The Bakken magazine's Webinar Series, 2:00 PM CST

DUG Bakken and Niobrara

March 31-2, 2015
Colorado Convention Center
Denver, Colorado

2015 Alliance Expo and Annual Meeting

April 21-22, 2015
MPEC Wichita Falls
Wichita Falls, Texas

2nd Oil and Gas Transportation Canada Summit

May 25-27, 2015

Calgary, Alberta

The Bakken Conference & Expo

July 27-29, 2015
Alerus Center
Grand Forks, ND

NAPE Houston

August 19-20, 2015
George R. Brown Convention Center
Houston, Texas

Executive Oil Conference

November 9-10, 2015
Midland County Horseshoe Arena & Pavilion
Midland, Texas

NAPE Denver

December 9-10, 2015
Colorado Convention Center
Denver, Colorado

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