Press Releases

Oilfield waste facility opens

A Montana judge will consider a plea agreement Wednesday that calls for a Colorado man to plead guilty to killing a high school teacher and burying her in a shallow grave in the Bakken oil patch.

Albany Two commissioners in the Cuomo administration are urging the North Dakota governor to back proposed rules that would make crude oil from that state’s Bakken field less explosive before it is shipped on rail cars, thousands of which are arriving at the Port of Albany. Environmental Conservation Commissioner Joe Martens and Transportation Commissioner Joan McDonald wrote Tuesday to North …

Local firefighters warned Bergen County officials on Monday that they don’t have the manpower, equipment or expertise required should there be an accident involving trains carrying millions of gallons of volatile Bakken crude oil that pass through their towns every day.

North Dakota produced a record 35 million barrels of oil in August, according to figures released Wednesday by the state’s Industrial Commission. August also marked the Bakken oil formation’s one billionth …

Oil drilling in the Bakken shale formation on July 23, 2013 outside Watford City, North Dakota. Close Oil drilling in the Bakken shale formation on July 23, 2013 outside Watford City, North Dakota.

Bakken: Slumping Oil Prices Will Impact Investments in 2015

HOUSTON, Oct. 14, 2014 /PRNewswire/ — Asset Risk Management (ARM) (www.asset-risk.com) announced today that ARM Midstream, a wholly owned subsidiary of ARM, intends to construct a crude oil gathering system in the prolific Bakken shale gas play and underlying Three Forks formation. The gathering system project is the first phase of ARM’s desire to serve area producers via direct access and …

Senior opportunity in the Bakken for experienced midstream professional ready to take the next step in their career. Large international independent operator based out of Houston. Extremely profitable in the Bakken and leading the charge in the North.

Bakken shale oil producers are under pressure to scale back their 2015 drilling plans after Bakken oil fell below $80/bbl for the first time in nearly a year, as worldwide crude prices decline amid ample North American supplies and Persian Gulf producers signaling they’re prepared to keep output high to protect their market shares in Asia. The “body language” among producers is that capex next …

Bakken shale-oil producers are under pressure from tumbling prices to scale back their 2015 drilling plans in a region that accounts for one of every eight U.S. barrels of crude.

Trains carrying oil from North Dakota pass through American towns daily — and sometimes they derail and explode. The oil industry is now under pressure to make the oil less volatile before shipping.