Enbridge, Marathon buy into Bakken Pipeline System

In addition to Enbridge and Marathon Petroleum announcing plans to buy into the Bakken Pipeline System, the Dakota Access Pipeline, which makes up part of the system, was hit by arson in Iowa and threatened with a lawsuit.
READ MORE   SHARE    

Whiting expects activity to increase in second half of 2016

Whiting Petroleum Corp. expects more drilling and completion activity in the Bakken during the second half of 2016 because of higher commodity prices and a higher cash flow.
READ MORE   SHARE    


Upstream oil, gas investment firm issues $260 million to shale

Privately held upstream oil and gas investment firm IOG Capital LP has announced that since May 1st, 2016 it has committed to fund over $260 million for the acquisition and development of assets in North American shale plays.
READ MORE   SHARE    

Statoil selling Marcellus acreage for $96 million

Statoil Executive Vice President of Development and Production Torgrim Reitan said the national oil production giant considers U.S. business a focus area of the Norwegian-based company's international work. Statoil's focus has been on the Marcellus.
READ MORE   SHARE    

Halcon will maintain Bakken operations during restructuring

Despite plans to undergo a balance sheet restructuring effort through Chapter 11 bankruptcy, Halcon Resources intends to continue running one drilling rig in the Williston Basin.
READ MORE   SHARE    


Hess reports loss for second quarter, lower Bakken production

Low oil prices and reduced production continue to pose problems for producers such as Hess Corp, which reported a $392 million loss during the second quarter of 2016. Cost-reduction efforts have helped Hess reduce its losses.
READ MORE   SHARE    

Industry Events

2016 OKC Oilfield Expo

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

Bakken Jobs

There are no jobs currently available. Check back soon.




308 Second Ave. N., Suite 304 | Grand Forks, ND 58203 | thebakken.com | 866-746-8385

© BBI International 2017