keystone xl us map feature

$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 that will run from Canada south through three states. The 1,210-miles pipeline will run from Hardisty, Alberta to Steele City, NE with a high volume…

Continental Resources multi well pad williams county

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 from nine to three. The company has taken action to implement cost saving initiatives across its operations as part of its ongoing commitment to remain…

williston basin petroleum conference september 1-3 2020

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 Disease relating to large events and mass gatherings. “We are still very excited to host the Williston Basin Petroleum Conference later this year,” said NDPC…

Huge Expansion of Dakota Access Pipeline Proposed

A huge expansion costing between $35 million and $40 million, that will more than double the capacity of the Dakota Access Pipeline to 1.1 million BOPD, was proposed by Energy Transfer Partners. Work will be completed by February 2021. The company said it is anticipated that crude oil production out of the Williston Basin will increase…

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., Equinor, and Royal Dutch Shell has formed OOC Oil & Gas Blockchain Consortium and contracted with Data Gumbo, which is based in Houston. It is being tried as…