An explosion rocked a rural oilfield facility near Sidney, Montana, Wednesday night—rattling windows up to 10 miles away. Thankfully, no injuries were reported, as the saltwater disposal plant was unoccupied at the time. The fire continued to burn into Thursday, with emergency[...]
Tag: Oil & Gas
Curio |
On This Day | The Oil Imperative
Citing petroleum production and refining as one of the significant additions to the regional economy of the last decade, the report fixed value of crude oil production at the wells at $140 million in [...]Read More... from On This Day | The[...]
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Watch: June 2025 DMR Director’s Cut; April Oil and Gas Production Report
North Dakota’s oil industry held relatively steady in April, with average daily production at 1.17 million barrels—slightly down from March but still 6.5% above revenue forecasts. The price of oil hovered around $65 per barrel, reflecting continued global volatility driven by geopolitical[...]
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Why a war in the Middle East hasn’t sparked an oil crisis
When Israel struck Iran this month, oil prices jumped 7% in hours—then something curious happened. Instead of the panic-driven surge that would typically follow Middle East conflict, prices quickly settled back down, now sitting lower than before the attack even began. This[...]
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EIA expects low crude oil prices and declining rig count to affect U.S. crude oil production trends through 2026
The U.S. is pumping out near-record levels of crude oil, but falling prices are set to slow production—and that’s just one of the shifts outlined in the latest energy forecast. In its June outlook, the EIA projects Brent crude to dip below[...]
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Re-tap to get the rest: Armstrong Pushes for Smarter Oil Recovery in the Bakken
Governor Kelly Armstrong sees opportunity in what’s been left behind—specifically, the 85% of oil still sitting in North Dakota’s Bakken formation. At the Energizing North Dakota’s Future event, Armstrong made the case for enhanced oil recovery as a way to unlock billions[...]
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North Dakota teachers to learn about petroleum industry
Next week, teachers from across North Dakota will trade classrooms for oilfields as they head to Bismarck for a hands-on seminar exploring one of the state’s biggest industries. Hosted by the North Dakota Petroleum Council, the four-day event gives educators a close-up[...]
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Low-carbon jet fuel company foresees huge investment in western North Dakota
WEST FARGO, N.D. — The demand for jet fuel is going up. The demand for gasoline is going down. That’s the simple explanation from Chris Ryan, the president and CEO of Gevo, on why the company plans to add a sustainable aviation[...]
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Carney discusses “partnerships” with Canadian oil and gas executives in Calgary
In his first trip to Calgary as prime minister, Mark Carney met behind closed doors with top oil and gas executives to talk energy—and influence policy. With Canada’s economy, emissions goals, and global standing all on the line, the conversation wasn’t just[...]
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Enbridge’s Great Lakes “Line 5” Tunnel Project Moves Closer to Approval Amid Environmental Concerns
For years, a stretch of aging pipeline beneath the Great Lakes has fueled both energy and anxiety. Now, a long-debated plan to bury Line 5 in a tunnel under the Straits of Mackinac is one step closer to reality. The U.S. Army[...]
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OPEC+ extends oil output surge despite Russian pushback
OPEC+ is changing course. For the third month in a row, the oil alliance is raising production—this time by 411,000 barrels a day in July—breaking from its usual playbook of limiting supply to prop up prices. The shift has pushed oil to[...]
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Oil Industry Asks Trump Administration to Kill Heat Safety Rule
As summer heat intensifies across the U.S., so does the debate over how to protect the people working in it. A proposed federal rule would require water, rest breaks, and training for workers exposed to high temperatures—common sense, say advocates. But oil[...]
Curio |
Levy charged to Alberta oil companies too low to cover orphan well costs
Alberta’s growing backlog of orphaned oil and gas wells is becoming a billion-dollar problem — and critics say the province’s response is still falling short. A new report warns that the current industry levy isn’t enough to cover cleanup costs, let alone[...]
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Facing oil patch slowdown, North Dakota regulators revive COVID-era drilling waiver
With oil prices stuck well below last year’s levels, North Dakota regulators are giving drillers more time to wait out the market. A new order extends the window for bringing newly drilled wells into production—buying companies an extra year, or until 2027[...]
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Oil & Gas: Key Insights from North Dakota’s May 2025 Director’s Cut
North Dakota’s Department of Mineral Resources delivered its May 2025 Director’s Cut, highlighting March production figures and key updates across the state’s energy sector. Below is a summary of the most important takeaways, from rising oil and gas output to shifting rig[...]
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NDSU students head west for inaugural Bison to the Bakken experience
NDSU students are gearing up for an adventure filled with discovery and opportunity as they head west for the inaugural Bison to the Bakken experience. The immersive, 12-day summer program offers a unique chance for students to dive into the heart of[...]