North Dakota has ‘big concern’ with hedge funds buying oil assets

North Dakota oil interests are looking for cash infusions from financial hedge funds, and the trend has regulators concerned that new operators lack experience in the industry. Ernest Scheyde with Reuters has the story.

Read & Share   sourced from: Reuters

Lynn Helms Briefs Industrial Commission on Oil Field Related Bills

Department of Mineral Resource Director Lynn Helms briefed the Industrial Commission on bills active in the legislature that may impact management and regulation of oil and gas operations in the state.

Read & Share   sourced from: Bismarck Tribune

Lynn Helms Talks Oil Prices, Rig Counts, & Flaring

In his monthly industry report, the Department of Mineral Resources director gave his frank opinion on the impact dropping prices will have on drilling activity and a progress report on meeting our flaring goals. It’s excellent coverage form Forum News Service’s April Baumgarten.

Read & Share   sourced from: Dickinson Press

Oil Production Thoughts and Commentary

While production is still going up, the rig count is decreasing, but the ongoing story is the price of crude and speculation on when we reach the bottom.  Lynn Helms discusses these and other issues facing the industry in this short clip from KMOT News.

Read & Share   sourced from: KMOT News

Monthly Bakken Report: Lyne Helms & Bakken Magazine

Oil prices and new production records are the focus of news on the Bakken oil play today. Get a great recap article and more production details here.

Read & Share   sourced from: Bakken Magazine