Tag: Baaken
Texas-based Forestar sells remaining Bakken/Three Forks oil and gas assets
Forestar completely exits its oil and gas working interest assets in North Dakota AUSTIN, Texas – Forestar Group Inc. today announced that it has entered into two separate agreements with the same buyer to sell the company’s oil and gas assets in the Bakken/Three Forks formation in North Dakota for nearly $60 million. “These transactions […]
Shale oil production in Baaken, Eagle Ford sees steady decline
Low number of rigs working Bakken, Eagle Ford almost guarantees producers dipping into inventory of drilled but uncompleted wells Oil production from key shale formations in North Dakota and Texas dropped slightly in Jan. vs. Dec. and declined significantly from the previous Jan., according to Platts Bentek. Oil production from the Eagle Ford shale basin in Texas was relatively […]
Tesoro to acquire strategic pipeline assets in the Bakken
“Combining the Great Northern Midstream assets with our Tesoro High Plains Pipeline will create a leading crude oil pipeline system in the most prolific region of the Bakken.” SAN ANTONIO, Texas – Tesoro Corporation has agreed to acquire Great Northern Midstream LLC, a crude oil logistics provider which owns and operates high-quality, recently constructed crude […]
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