Bakken key to Continental plans to double in size-Rigs flat for 2019, but number of wells expected to rise Continental expects to nearly double its oil production within the next five years, and expects the Bakken to contribute between 50 to 60 percent of the total growth. Its… Continue Reading
Bakken Exploration Expanding into North Dakota Grasslands-Interest beyond the Bakken Shale's four-county core in North Dakota is expanding to the upper Midwest grasslands, with as many as five of the state's 65 active rigs now in operation. During the most recent monthly report on North Dakota's oil and… Continue Reading
Bakken Region Drilling Productivity Report-August 2019: drilling data through July projected production through September Monthly additions from one average rig are up 12 barrels/day month over month and up 46 thousand cubic feet/day month over month. READ THE FULL REPORT HERE Continue Reading
Landowners group sues North Dakota over ‘pore space’ law-A landowners group on Monday sued the state over a new law related to compensation for the use of cavities in underground rock formations, calling it “a taking of the inalienable rights of North Dakota landowners.” The Legislature this spring… Continue Reading
