Tag: Montana

Exxon Mobil 2011 spill: Affiliate to pay U.S., Montana $12M to settle claims

Exxon Mobil 2011 spill: Affiliate to pay U.S., Montana $12M to settle claims

Exxon Mobil 2011 spill under Yellowstone River By Laura Zuckerman Sept 21 (Reuters) – ExxonMobil Corp. has agreed to pay $12 million to Montana and the U.S. government to restore natural resources damaged or destroyed by a pipeline rupture in 2011 that spilled oil into the Yellowstone River, according to a settlement proposed on Wednesday. […]

By September 21, 2016 0 Comments Read More →
Montana drilling lease cancelled, leaders praise feds’ decision

Montana drilling lease cancelled, leaders praise feds’ decision

Montana drilling lease on land sacred to U.S., Canadian Blackfoot tribes BILLINGS, Mont. _ The Obama administration on Thursday cancelled a disputed oil and gas lease just outside Glacier National Park, on land considered sacred to the Blackfoot tribes of the U.S. and Canada. The move came after U.S. District Judge Richard Leon criticized the […]

By March 17, 2016 0 Comments Read More →
Bakken shale production in some counties viable at $60

Bakken shale production in some counties viable at $60

New study examines break even costs for Bakken shale wells in 12 counties A new report from London-based GlobalData says the “sweet spots” of Bakken shale production are still profitable at $60 oil. Not all Bakken wells are created equal, according to┬áJonathan Lacouture, GlobalData’s Upstream Analyst covering Onshore Americas. “While well productivity and cost efficiency […]