Tag: Bakken Oil

US shale oil output to fall for 8th month in December: EIA

US shale oil output to fall for 8th month in December: EIA

Texas Permian Basin will increase production by 11,000 b/d to 2.02 million b/d U.S. shale oil production is expected to fall for the eighth consecutive month  in December, according to a forecast released Monday from the U.S. Energy Information Administration. The monthly total output decline will be 1118,000 b/d, to 4.95 million b/d. An outlier is the Permian Basin in West […]

By November 10, 2015 0 Comments Read More →
Judge signs off on $450M Lac Megantic victims’ settlement fund

Judge signs off on $450M Lac Megantic victims’ settlement fund

25 companies agreed to contribute to Lac Megantic settlement MONTREAL – A Quebec judge has approved the new terms of a $450-million settlement fund for victims and creditors of the Lac-Megantic train disaster, prompting a lawyer in the case to say cheques should begin arriving in the mail by Christmas. Patrice Benoit, lawyer for Montreal Maine and […]

Sandpiper pipeline: Court orders environmental study for Enbridge pipeline

Sandpiper pipeline: Court orders environmental study for Enbridge pipeline

Sandpiper pipeline to ship Bakken crude to Wisconsin MINNEAPOLIS – The Minnesota Court of Appeals has reversed a state regulator’s decision to grant a certificate of need for Calgary-based Enbridge’s proposed Sandpiper oil pipeline. The appeals court sent the issue back to the Minnesota Public Utilities Commission to conduct an environmental review and reconsider whether a certificate […]

By September 14, 2015 0 Comments Read More →
Dakota Access Pipeline pipe staged ahead of approval for proposed $3.8B project

Dakota Access Pipeline pipe staged ahead of approval for proposed $3.8B project

Dakota Access Pipeline from North Dakota to Illinois BISMARCK, N.D. – Mountainous piles of steel pipe are being staged across four states in anticipation of building the biggest-capacity pipeline proposed to date to move crude from North Dakota’s prolific oil patch. But stockpiling the pipe is a gamble for the Dallas-based Energy Transfer Partners’ Dakota Access Pipeline, […]

By September 11, 2015 0 Comments Read More →
Rail delays decline in Midwest due to North Dakota oil slowdown

Rail delays decline in Midwest due to North Dakota oil slowdown

Completed North Dakota oil pipeline also helps free up rail space BISMARCK, N.D. – Delays in Amtrak service and agricultural product shipping have eased across the Upper Midwest in part because weak oil prices have prompted a drilling slowdown in North Dakota, officials say. Along with recent track upgrades, a recently completed pipeline and a new North Dakota refinery also has […]

North Dakota reservation looks to regulate, monitor oil activity

North Dakota reservation looks to regulate, monitor oil activity

North Dakota Reservation accounts for one-third of state’s oil production Tribal leaders from an oil-prolific portion of North Dakota’s Fort Berthold Reservation say they can’t count on federal or state regulators, or their own tribal government, to monitor the boom, so they are moving to do it themselves. Industry officials question whether the tribe has […]