Hess reports Bakken production increase and second quarter loss

Higher Bakken production failed to offset low oil prices as Hess reported a $567 million net loss for the second quarter of the year. In the Bakken, oil and gas production was 119,000 boepd, an increase of 80,000 boepd (49 percent) over Q2 2014.
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EOG increases Bakken resource estimates to 1 billion barrels

EOG Resources Inc. has updated its Bakken and Three Forks net resource potential estimates, increasing its total by nearly 2.5 times from the 420 million barrels of oil equivalent EOG to 1 billion barrels. EOG explain why.
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Abraxas Petroleum finding comfort during low oil

Abraxas Petroleum Corp.'s President and CEO Bob Watson doesn't like the position the oil industry is currently in, but that doesn't mean he is fearful of it. Watson recently explained the company's position in the Bakken.
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Continental earnings and production up in second quarter of 2015

Continental Resources reported income and production increases for the second quarter of 2015, but said its rig count in the Bakken could be reduced by 20 percent if low oil prices persist.
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Bakken TENORM disposal limits set to increase

A major change to the allowable limit of technologically enhanced naturally occurring radioactive material (TENORM) for disposal in North Dakota is now a few signatures away from becoming a reality.
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ONEOK reports Q2 33 percent increase in income and earnings

In the second quarter this year, ONEOK Partners LP reported a 33 percent increase in operating income and equity in net earnings from investments over the first quarter of 2015.
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Industry Events

NAPE Houston

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

OilComm Conference & Exposition

November 4-6, 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

Houston Oilfield Expo

December 9-10, 2015
George R. Brown Convention Center
Houston, Texas

2016 The Bakken Conference & Expo

July 25-27, 2016
Alerus Center
Grand Forks, North Dakota

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