Three governors ask Corps to issue Dakota Access easement

The governors of North Dakota, South Dakota and Iowa sent a letter to the U.S. Army Corps of Engineers asking it to issue the final permit needed to complete the Dakota Access Pipeline. However, Pres. Obama said a resolution is still weeks away.

ConocoPhillips adding 3 rigs to Bakken in November

ConocoPhillips intends to add drilling rigs to the Bakken sooner than expected. Although the world's large independent exploration and production company said earlier this year it was unsure of its 2017 plans, it is now eyeing November to add rigs.

Hess makes preparations for more Bakken drilling in 2017

Although Bakken production from Hess Corp. declined in the third quarter of 2016, CEO John Hess said more favorable oil prices have caused the company to begin making initial preparations for increased drilling activity in 2017.

GE set to acquire Baker Hughes

When others pull back during industry down cycles, GE position's itself for growth. That was one of many sentiments shared by Jeff Immelt, CEO of GE, during the company's conference call explaining its planned acquisition of Baker Hughes.

Nabors seeing increased demand for drilling rigs and services

In its third-quarter report, Nabors Industries CEO Anthony Petrello said the company is seeing an increased demand in the lower 48 states for its drilling rigs. He expects current trends to result in greater utilization of Nabors' global rig fleet.

Statoil reports positive net cash flow during third quarter

Eldar Sætre, Statoil president and CEO, said the company's continued progress on an improvement program will result in reduced costs and strong operational performance. He added that Statoil's financial position remains robust for the third quarter.

Industry Events

NAPE Summit

February 15-17, 2017
George R. Brown Convention Center
Houston, Texas

The Bakken Conference & Expo

July 17-19, 2017
Bismarck Event Center
Bismarck, North Dakota

Summer NAPE

August 16-17, 2017
George R. Brown Convention Center
Houston, Texas

Bakken Jobs

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