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 Scoop and Stack assets in […]
Tag: News
Updates on the oil and gas industry for the Bakken Shale
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 natural gas production, Department of […]
Judge sides with Wilkinson family in Lake Sakakawea mineral dispute
A Williams County judge has sided with a family whose lawsuit over oil and gas mineral rights under Lake Sakakawea reached the North Dakota Supreme Court in 2017. An attorney for the family says he thinks the decision could impact hundreds of mineral owners with […]
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
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 passed Senate Bill 2344, which […]