The Bakken Update - May 25, 2016

May 25, 2016

Helms' speech offers 2016, 2017 Bakken activity predictions The Bakken is at lap 100 of a 500 mile race. To explain the current state of the Bakken and how it will look in the years ahead, Lynn Helms, director of the North Dakota Department of Mineral Resources used a racing analogy to explain the future. READ MORE SHARE
ND Gov: Bakken is solid, industry set for decades In what could be his last address at the Williston Basin Petroluem Conference as the active Governor of North Dakota, Jack Dalrymple told the crowd that the industry is solid as solid can be. READ MORE SHARE
	Pipeline construction starts in ND; problems remain in Iowa Construction on the 1,168-mile-long, $3.8 billion Dakota Access Pipeline which will carry Bakken crude to Illinois began this month in North Dakota. However, lawsuits and other potential hurdles remain in Iowa. READ MORE SHARE
Hicks explains Williston Basin rig count changes, future trends To start his Williston Basin update, Bruce Hicks, assistant director of the North Dakota Department of Mineral Resources Oil and Gas Division, explained a chart detailing the change in rig count from 2009 to 2016. READ MORE SHARE
Energy, development CEOs on Bakken: things will get better The message from an energy services CEO and a major real estate developer to the Williston Basin Petroleum Conference crowd was simple: don't bail on the Bakken, things will get better again. READ MORE SHARE
	Study: Bakken’s population growth also increased water demand A new study on water use in the Bakken from DOE's Argonne National Laboratory shows that the region's rapid rise in population was as much a factor in the increased demand for water as the boom in oil and gas activity. READ MORE SHARE