Sponsored Content The world is shrinking and the gap between the rest of the world and rural America is closing quickly. Gone are the days of gathering around the auction block, physically raising the bid with the signal of a hand or a hearty shout over the strewn together syllables of an auctioneer. One Midwestern family, with years of auction ...
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Federal Judge rejects O&G permit halt in New Mexico
The Bureau of Land Management near Farmington will continue to issue oil and gas permits, despite requests from nearby environmentalists to halt development permits. The Associated Press reports U.S. District Judge James Browning rejected the proposal Friday. Environmentalists’ push to halt the area’s oil and gas development has spanned several months. The BLM received a 34-page letter last October drafted ...
Read More »Top 5 Niobrara stories of the week
In case you missed them, here are the top five stories from Niobrarachalk.com for the week of August 8th through August 15th. Enjoy! 5. Are electric vehicles harboring a dirty little secret? Are electric vehicles harboring a dirty little secret? Well, it depends on who you ask and where you live. Don Anair, the research and deputy director of Clean Vehicles at ...
Read More »6 Reasons the kitchen is the best room in the house
Sponsored content The kitchen is the hub of the home for many households. Between a kitchen’s many functions as a source of nutrition, a gathering point, workshop and quencher of midnight munchies, it’s easy to see why we can’t stay out of the kitchen (perhaps to the frustration of the cooks in our homes). With all of the delicious meals ...
Read More »Bakken crude: Could pipelines replace the need for oil-by-rail?
The transportation of Bakken crude is beginning to shift away from the railways and into pipelines as production levels off in the wake of last year’s price collapse and more oil and gas pipelines are brought online. Rusty Braziel, analyst with RBN Energy, explained, “Since 2012 a combination of rail and pipeline has given Bakken producers ample crude takeaway capacity, ...
Read More »Shrinking capital budgets require innovative options for Pumping Equipment
The drop in oil prices and resultant slowdown of domestic oil development has put the squeeze on capital equipment budgets. At the same time, there are still pumping requirements that need to be met. Caught between the necessity of moving product and the lack of funding to invest in equipment, asset managers are looking for cost effective alternatives to conventional ...
Read More »Breaking even: Bakken still profitable, but barely
The oil price crash just can’t keep a good shale driller down. According to a Bloomberg Intelligence analysis, parts of North Dakota’s Bakken shale formation continue to be profitable at less than $30 per barrel, half the amount of some predictions gave last year when prices began to drop. As companies tap larger wells and reap the benefits of decreased ...
Read More »Devon, Denbury, Shell and Vine O&G unlock automation opportunity
Shale production has rocketed from 100 kboe/d to 7,500 kboe/d in less than 10 years. During the same time, shale plays across North America have seen hugely impactful developments, with drilling costs declining and productivity per well increasing. The adoption of digital technologies has been critical to this, supporting the fact that the digital oilfield services market is set to ...
Read More »Morgan Stanley benefits from Eureka Hunter sale
Earlier this week, Magnum Hunter Resources Corp. shared it will be selling its interests in its Eureka Hunter pipeline system to help battle the industry’s downward spiral. Well, Magnum Hunter isn’t the only company that will be benefiting from the sale. Magnum Hunter’s partner Morgan Stanley, who owns 53 percent of the pipeline system, will also see some impact come ...
Read More »Oneok to connect 700 Bakken gas wells by year’s end
Last week Oklahoma-based natural gas company Oneok reported that it was on schedule to connect over 700 wells in the Williston Basin by the end of this year, and more than 600 next year. As reported by Reuters, Oneok Partners CEO Terry Spencer said the company has already connected more than 260 new wells in the Bakken region during the ...
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