Packers Plus completes 50-stage wells using advanced frack system

Calgary-based Packers Plus Energy Services Inc. this week said it successfully completed multiple wells in North Dakota’s Bakken formation using its advanced high-frack intensity systems.
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Bakken production for Hess remains steady in Q1

Hess Corp. produced roughly 111,000 barrels of oil per day from its North Dakota Bakken assets in the first three months of 2016. The production total is 3,000 bpd more than the year-ago quarter.
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Senate passes energy bill with pipeline, LNG export provisions

The Energy Policy Modernization Act passed by the U.S. Senate contains provisions aimed at speeding up the approval of LNG exports and creates timelines for federal agencies to approve new pipelines.
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Xtreme sells coiled tubing assets to Schlumberger

For $162 million, Xtreme Drilling and Coiled Services has sold its coiled tubing assets to Schlumberger. Xtreme will retain its drilling rig fleet which includes three rigs located in North Dakota and one active rig in the state.
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Study: Oil supply shortfall by 2035 if no exploration improvement

A new study by Wood Mackenzie warns the global oil market could face a supply shortfall of 4.5 million b/d by 2035, if exploration success doesn't improve.
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APG sees renewed interest in its gas-capture technologies

Low oil prices and winter weather caused American Power Group to idle its gas capture projects. However, an uptick in oil prices, warmer weather, and the potential for more stringent methane regulation has spurred interest in APG's technology.
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Industry Events

UAS Energy In Sight Summit

May 4-4, 2016
Ernest N. Morial Convention Center
New Orleans, Louisiana

Williston Basin Petroleum Conference

May 24-26, 2016
Bismarck Event Center
Bismarck, North Dakota

Unconventional Resources Technology Conference (URTeC)

August 1-3, 2016
Henry B. Gonzalez Convention Center
San Antonio, Texas

2016 OKC Oilfield Expo

August 17-18, 2016
Cox Convention Center
Oklahoma City, Oklahoma

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