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Dakota Access eyes properties for eminent domain

Last week, Texas-based Dakota Access LLC began filing paperwork with the Iowa Utilities Board identifying parcels of land on which it wants to secure easements to bury a crude oil pipeline under but has not reached agreements with the landowners. The documents currently single out 31 properties in Story County and another 48 in Boone County — just two of ...

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Uncertain outlook as North Dakota tops 10,000 shale oil wells

North Dakota surpassed a milestone in June — its 10,000th shale oil well — amid a still-gloomy outlook for its petroleum industry. The industry, facing continued low crude oil prices, is finishing off previously drilled wells to get oil and some revenue flowing and to meet regulated completion timetables, state officials said Friday. But the number of rigs drilling new ...

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Dunn County well reveals strength of Whiting’s enhanced completions

Experimenting with enhanced well completions has Whiting Petroleum delivering 40 to 50 percent higher production from older offset wells in the Williston Basin. One of its Skunk Creek wells in South Fork field of northeast Dunn County reached an initial 24-hour production rate of 4,300 barrels of oil equivalent (BOE) per day from an enhanced completion middle Bakken well, making ...

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Hess experiments with tighter well spacing

Hess Corp.’s second quarter 2015 production saw about an 11,000 barrels-per-day increase over the first quarter and the company says the rise is due in part to bringing on a high number of new wells. President and Chief Operating Officer Gregory Hill told analysts on July 29 that Hess only wants about 25 to 30 wells at any given moment ...

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Could enhanced oil recovery be getting a tax break?

North Dakota’s leading oil industry regulator has suggested the possibility of providing incentives for companies considering using enhanced oil recovery (EOR) methods, reports The Bismarck Tribune. Speaking to the interim Taxation Committee at the state Capitol on Tuesday, Department of Mineral Resources Director Lynn Helms outlined various enhanced recovery techniques. He told the committee that using these methods can sometimes ...

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Hess production grows, profit shrinks

Hess Corp.’s overall production in the second quarter increased by 23 percent to 391,000 barrels of oil equivalent per day (boe/d), thanks in part to the company’s substantial assets in the Bakken, reports Natural Gas Intelligence (NGI). During a conference call on Wednesday addressing quarterly results, Hess CEO John Hess said operations were affected by high expenses and low oil ...

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Lake Sakakawea pipeline: BLM approves Hess project

The United States Bureau of Land Management has granted approval to the proposed Hess pipeline project crossing Lake Sakakawea, reports The Dickinson Press. After conducting an environmental assessment, the BLM found no significant impact related to the Hess Hawkeye pipeline project. The $105 million pipeline project, owned by Hess Corp., will convert an existing 8-inch gas pipeline to transfer crude ...

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ND signs agreement with feds to augment rail inspections

BISMARCK, N.D. — North Dakota’s Public Service Commission has signed an agreement with the Federal Railroad Administration that will allow the state to supplement federal oversight of burgeoning oil train traffic. The PSC says it signed the agreement with the federal agency on Wednesday. The North Dakota Legislature in April approved $523,000 to fund the state-run rail safety pilot program ...

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