The state is now, in one year since first discovery of oil, one one-hundredth of the way to its supposed maximum in the Tioga area of 5,000 oil wells producing 200 barrels a day. [...]Read More... from On This Day | Oil[...]
Tag: Oil & Gas
Curio |
How low oil prices turned Trump’s call to ‘drill, baby, drill’ into a pipe dream
President Trump promised an era of “energy dominance,” rolling back regulations and opening land and sea to drilling, but the results have been far from the boom he envisioned. Oil prices have fallen below break-even levels for many U.S. producers, forcing companies[...]
Curio |
On This Day | Searching for the First Strike
The Karnes oil test hoe at Foxholm is down 4,010 and looking very profitable. [...]Read More... from On This Day | Searching for the First Strike
News |
Bakken Oil Output Shows Signs of Slowing as Pipeline Flows Slip
Oil flows from North Dakota’s Bakken shale are losing steam, with shipments on the Dakota Access Pipeline slipping to their lowest levels of the year. Analysts had expected production to climb into 2026, but softer prices, fewer rigs, and growing competition from[...]
Curio |
California is sunsetting oil refineries without a plan for what’s next
California’s push to move beyond fossil fuels just hit a hard reality check. Two major refineries are closing — one this year, another in 2026 — cutting 17% of the state’s gasoline refining capacity. Instead of celebrating, lawmakers are scrambling to keep[...]
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News |
Coal, oil seek to join forces on North Dakota energy production
GRAND FORKS, N.D. — North Dakota Sen. John Hoeven urged the state’s coal and oil industries to work together to thrive in the long term and meet the increasing demand for energy. Hoeven on Wednesday touted an effort to have the state’s[...]
News Release |
EIA expects the price of crude oil to fall to below $60 per barrel by the end of the year and average near $50 per barrel through 2026
The U.S. Energy Information Administration (EIA) expects a significant decline in the price of oil as growth in the global supply of oil vastly surpasses growth in demand for petroleum products. In its August Short-Term Energy Outlook (STEO), EIA expects the Brent[...]
News |
Saskatchewan supports study for new Ontario-Alberta pipeline
Saskatchewan is throwing its weight behind a proposed Alberta-Ontario pipeline, framing it as vital for getting Prairie resources to global markets. The plan, still in the feasibility stage, aims to link provinces through new pipelines, rail lines, and possibly a port on[...]
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North Dakota mineral owners say oil companies unfairly keep millions from checks without oversight
For generations, North Dakotans like Bob and Diana Skarphol received royalty checks tied to the oil beneath their land—until one day, the checks started shrinking. Without warning, deductions began eating into payments, with no clear explanation and no state oversight. Now, thousands[...]
News Release |
North Dakota seeking applicants for $25M enhanced oil recovery research grants
The Oil and Gas Research Program is accepting applications for the enhanced oil recovery (EOR) grant program of the North Dakota Industrial Commission (NDIC). The deadline for submitting applications for consideration in the upcoming grant round is Aug. 15, 2025. Applications may[...]
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News Release |
Onshore crude oil production on federal lands has increased in recent years
Crude oil production from onshore federal lands has increased in recent years as a result of significant growth in drilling activity and operations. According to data collected by the U.S. Department of the Interior’s Office of Natural Resources Revenue, onshore crude oil[...]
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Chevron: $55 Billion Deal For Hess Completed
Chevron’s $55 billion acquisition of Hess isn’t just about offshore riches in Guyana — it has real relevance for North Dakota too. Hess has long been a major operator in the Bakken, one of the state’s economic engines. While the legal fight[...]
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EIA revises crude oil price forecast amid uncertainty and volatility but still expects prices will decrease
Oil prices may still fluctuate, but the broader trend is clear: the U.S. Energy Information Administration expects them to drop. Even after a slight upward revision tied to unrest in the Middle East, the forecast puts Brent crude at under $70 a[...]
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The U.S. has millions of old gas and oil wells. Here’s what it takes to plug them up
Even when something is buried, it doesn’t mean it’s gone. That’s the lesson unfolding in a quiet Ohio neighborhood, where a leaky natural gas well from over a century ago is finally being sealed—again. Millions of similar “orphan wells” lie scattered across[...]
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Oil prices rise as OPEC+ increases production
Oil prices are ticking upward again as OPEC+ announced another planned production hike—this time by 548,000 barrels per day in August. The move reflects confidence in global economic stability and builds on earlier increases aimed at reclaiming market share after years of[...]
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Defunct oil wells are a national problem. Finding them is the first step
Scattered across backyards, forests, and farmlands are the quiet remnants of America’s oil past—forgotten wells that leak gas and toxins into the air and water. They’re called orphan wells, and while over 100,000 have been found, experts say the real number could[...]