Bakken CEO talks low crude price environment

Oasis Petroleum Chairman and CEO Thomas Nusz addressed a group of investors today, providing poignant information and insight on the exploration and production firm's 2015 plans and adopted strategies during times of low oil prices.
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Bill issued to repeal US crude export ban

A new bill issued by Rep. Joe Barton, R-Texas, could help to repeal the U.S.-imposed export ban on U.S.-produced crude oil. The export ban has been in place since the 70s, a time when U.S. oil production and supply was scarce.
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ConocoPhillips to keep Bakken focus despite 2015 budget decrease

ConocoPhillips announced its 2015 capital budget of $13.5 billion, a decrease of 20 percent from 2014. The company cited the reduction due to lower spending on major projects and the deferral of spending on North American unconventional plays.
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Bakken oil conditioning regulations made official

Oil producers and transload facilities have until April 1, 2015, to implement any necessary equipment upgrades or testing operations to ensure all Bakken crude produced or handled contains vapor pressures of 13.7 psi or lower.
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Cypress Energy expands salt water disposal presence in the Bakken

Cypress Energy Partners L.P. announced it has acquired a salt water disposal facility from SBG Energy Services LLC For a total cost of $2.6 million in cash. The acquisition marks Cypress' eighth SWD site in western North Dakota.
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API says Obama should approve Keystone XL before year's end

The American Petroleum Institute is calling on President Barack Obama to "give America's construction workers a Christmas gift" by approving the Keystone XL pipeline before Republicans take control of both houses of Congress next year.
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Industry Events

DUG Bakken and Niobrara

March 31-2, 2015
Colorado Convention Center
Denver, Colorado

The Bakken Conference & Expo

July 27-29, 2015
Alerus Center
Grand Forks, ND

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