LATEST UPDATE FROM THE PATCH  US Producers Shut in 1.5 Million BOPD… Canada Shuts in 500,000 BOPD… ND Petroleum Council Calls for Less Regs…

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BREAKING NEWS!

ND Well Plugging Notice

North Dakota Well Plugging Notice The Oil and Gas Division of the ND Industrial Commission will hold a public hearing June 10 starting at 9 am in Bismarck to consider the confiscation of 348 wells in Billings, Bottineau, Bowman, Burke, Divide, Dunn, Golden Valley, McHenry, McKenzie, Mountrail, Renville, Slope, Stark, Ward and Williams counties. The…

MOUNTRAIL-WILLIAMS ELECTRIC COOPERATIVE CUTS ELECTRIC BILLS TO AID BAKKEN OIL PRODUCERS

Williston Basin oilfield producers in two North Dakota counties will be seeing a special break on their upcoming monthly electrical statements per the approval of the directors of Mountrail-Williams Electric Cooperative. The widespread impact applies to approximately 10,000 well sites and gas processing plants and will start in May. The breaks will be in capacity…

BIG CRUDE OIL PRICE JUMPS PROJECTED

Two major Wall Street banks are projecting higher prices for crude oil later this year because of production cuts by OPEC and hundreds of wells shut down in leading oil…

ND Land Board Backs Off Past Royalty Payments

Facing tough criticism along with the economic downturn, the ND Board of University and School Lands backed from demanding past gas royalty payments from wells on state lands. The board…

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ND Land Board Backs Off Past Royalty Payments

Facing tough criticism along with the economic downturn, the ND Board of University and School Lands backed from demanding past gas royalty payments from wells on state lands. The board…

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ND Petroleum Conference Postponed To Sept. 1-3

The North Dakota Petroleum Council has postponed the May 2020 Williston Basin Petroleum Conference to Sept. 1-3. This decision was made following issuance of the CDC’s Interim Guidance for Coronavirus…

Montana Oil Production Remains Unknown

Frustrated by the fact that a contractor has not been hired yet to tabulate monthly oil production statistics from operators, it could be as long as another two to four…

Goodnight Protests Slurry Well

Goodnight Midstream LLC of Dallas, which operates several salt water disposal systems in North Dakota, filed several objections to two proposed slurry well injection wells in McKenzie County. At a…

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$8 Billion Keystone XL Starts Up

Backed up with $1.1 billion in funding from the Alberta provincial government, TC Energy Corp. said it was moving forward with the construction of the $8 billion Keystone XL Pipeline…

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Continental Chops Spending; Drilling Rigs

Continental Resources said it has made a 55% cut in its capital spending budget, dropping it to $1.2 billion as it reduces the number of rigs drilling in North Dakota…

MAY 14, 2020

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Rockies Midstream Operators Launching New Gas Plants

Meritage Midstream Steamboat natural gas processing plant under construction October 2019 Midstream operators in Wyoming and North Dakota are scrambling to get flaring under control as they launch new natural…

Hess 2020 Production Target: 200,000 BOEPD

Hess Corporation will spend $1.375 billion to fund a six rig program in the Williston Basin this year to drill 170 new wells and complete 175. The company estimates production…

Keystone XL Pipeline Rolls

TC Energy Corp. said it will start construction in April on the 1.2 mile section of the Keystone XL crude oil pipeline that crosses the Canadian border and will also…

Bakken Targeted For Blockchain Testing

Blockchain, a digital distributed ledger system, will be tested on water handling services in North Dakota’s Bakken oil fields. A group of companies including Chevron Corp., ConocoPhillips, Exxon Mobil Corp.,…

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Many copy our stories, but you will read them first in Oil Patch Hotline. We cover news to keep you informed on what is going on in the Williston Basin and the upper Rocky Mountain region. We supply rig locations and the latest drilling permits issued by state commissions in North Dakota, South Dakota, Montana, Wyoming, and Colorado. Subscribe to Oil Patch Hotline by clicking here, or reach us by phone/text at 407-463-2237.

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