There are a lot of barometers we can use to measure the amount of activity taking place in the oil field and which direction it’s heading, and one of them is the rig count; that’s the number of active drilling rigs working in North Dakota. And the news is slanting slightly towards the positive. Last month
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There’s no clearer indication of optimism in the oil market than rig count. Industry experts agree we’ll never get back to the numbers we saw at the peak of the boom because of continued gains in efficiency, but any news of growth is a welcome sign. The original story was published by the Associated Press.
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A court case in Iowa may set an important precedent for landowners. An appeals court ruled that a farmer leasing land has the right to sue a pipeline operator; the farmer believes the pipeline creates heat which drys the soil and reduces production.
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When it comes to wind energy, Nebraska has laws and regulations that make it tough for developers. As a result, they take their business to Oklahoma and Kansas.
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Speaking at the U.S. Energy Information Administration Energy Conference, Senator Hoeven noted the impact that well-formulated regulatory policy has had on the economic growth of North Dakota.
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Here’s a concept: oil-free gasoline. German automaker Audi has been working on it, and now they have a working recipe too.
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Utah has been joined Colorado, North Dakota, and Wyoming in a lawsuit against the Bureau of Land Management over new regulations on fracking that takes place on federal lands.
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The final report from federal investigators into the 2013 Casselton/BNSF train derailment has been released. Get the details on the report from AP writer Josh Funk as published on Bakken.com.
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The slow-down in the oil industry is not all doom and gloom. One of the benefits starting to take shape, particularly in Minot, is a return to more historically normal rents.
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Analysis by global energy company Wood McKenzie shows a portion of the North Dakota oil field is still a prime target for investment and drilling — even at the lower prices we’re seeing now.
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Montana officials are anxious to see the impact — if any — on fish in the Yellowstone following last month’s oil spill, and that starts with good science. The article here walks you through the sampling and testing process required to get meaningful data.
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The bill would provide financial incentives to retail locations that install natural gas filling equipment and grants to consumers who purchase or convert vehicles to run on natural gas. Full details from Bakken.com.
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