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Items Tagged with 'bakken'
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ARTICLES

Bakken, Piceance Assets Likely to Be Sold, Oxy CEO Says

October 24, 2014
Richard Nemec
Occidental Petroleum Corp. (Oxy), which soon will spin off its California assets into a new company, currently has more of a sales mindset, but if oil prices continue to decline it could quickly switch to a buying mode regarding U.S. domestic assets, particularly in the Permian Basin, CEO Stephen Chazen said Thursday on a 3Q2014 earnings conference call. Read More

Bakken Taking Backseat as Oklahoma Feeling Continental's Love

September 19, 2014
Carolyn Davis
Continental Resources Inc. (CLR) executives made one thing clear during an investor conference on Thursday: the Bakken Shale may have brought it to the dance, but Oklahoma is taking it back home. Read More

Crude Rail Buzz Continues to Pick Up in North Dakota

August 19, 2014
Richard Nemec
As industry players continue to expand their ability to move North Dakota's Bakken crude oil via rail, state officials on Monday were making final plans for a public hearing and eventual rulemaking regarding crude-by-rail shipments. Read More

Monterey, Bakken Shales Are Polar Opposites, Experts Say

August 14, 2014
Richard Nemec
As the industry moves along its steep learning curve dealing with the shale revolution, it is becoming clearer there is no real comparison between California's Monterey Shale and North Dakota's Bakken Shale. They are night-and-day opposites, according to several industry speakers at a hydraulic fracturing (fracking) conference Tuesday in Los Angeles. Read More

Final Bakken Crude Study: No Different Than Other Oil

August 5, 2014
Richard Nemec
A final third-party report on the characteristics of light, sweet oil from the Bakken/Three Forks region again shows that the supplies from North Dakota are not more volatile or flammable than other crude oils. Read More

DOT Releases Proposed Crude-by-Rail Rules; New Bakken Data

July 24, 2014
Richard Nemec
In what is a mixed bag for the oil and railroad industries, the U.S. Department of Transportation (DOT) on Wednesday unveiled proposed rules to improve the transport of crude oil via rail, proposing enhanced tank car design specifications, fuel classification and operational requirements for handling crude. Read More

Enviro Groups to DOT: Ban Older Railcars for Bakken Oil

July 17, 2014
Charlie Passut
In the wake of several accidents involving crude oil from the Bakken Shale, environmental groups have filed a petition asking the head of the U.S. Department of Transportation (DOT) to issue an emergency order banning the use of older railcars to transport oil from the play. Read More
sandpiper-pipeline-map-timeline-enbridge-oil-north-dakota-20140626

Sandpiper Oil Pipeline Gets North Dakota OK

June 26, 2014
Richard Nemec
Enbridge Energy Partners LP won North Dakota regulatory approval for its long-sought, $2.5 billion Sandpiper oil pipeline, which is designed to stretch the reach of Bakken and western Canadian oil supplies into new markets. Read More

Second Big Oil Pipe Proposed for Bakken to Gulf Coast

June 26, 2014
Richard Nemec
Further proof that the Bakken Shale boom continues to grow, a proposal for an interstate oil pipeline to the Gulf Coast was announced Wednesday by Dallas-based Energy Transfer Partners LP (ETP), less than 24 hours after a similar proposal was unveiled by Enterprise Products Partners LP at a state pipeline summit (see Shale Daily,June 24). Read More

Bakken Crude Rail Safety Exercise Draws Flack

June 24, 2014
Richard Nemec
More than 150 local, state and federal representatives from 20 agencies and first responders conducted a tabletop crude oil rail emergency exercise in North Dakota earlier this month. It involved testing how the various segments would handle a derailment and explosion involving Bakken crude. Read More

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