Oil Industry Booms -- in North Dakota.The article focuses on the growth of the oil industry in North Dakota due to the reserve at the Bakken Shale Deposit.Wall Street Journal - Eastern EditionCASSELMANBEN
The federal government announced a $241.5 million settlement with Marathon Oil on Thursday for alleged air quality violations at the company's oil and gas operations in the Fort Berthold Indian Reservation in North Dakota. Marathon Oilwill be required to pay a civil penalty of $64.5 million, the...
Even a short-lived suspension on leasing will quickly affect companies, tying their hands as they seek to make drilling plans for coming years, said Erik Milito of the National Ocean Industries Association, which represents oil companies operating offshore. “We will begin seeing companie...
North Dakota oil producers can flare natural gas for a year without paying taxes or royalties on it. Companies can then ask state regulators for an extension because of the high costs of moving the gas to market. Almost all the extensions requested in recent years were granted, Tax Commissione...
Zavanna is one of North Dakota’s leading oil and gas exploration and production companies. Find out how we're helping to power the future.
Patterson-UTI Energy may hire another 3,000 workers this year after hiring back 3,000 in 2021, and even has recruiters set up at a shopping mall in Williston, North Dakota, to find potential workers.
The federal government announced a $241.5 million settlement with Marathon Oil on Thursday for alleged air quality violations at the company's oil and gas operations in the Forth Berthold Indian Reservation in North Dakota.
A level of porosity and permeability of the Bakken/Three Forks formation derived from those experienced so far by oil companies engaged in the area. The above assumptions detail the total quantities that Maugeri estimates can eventually be extracted (a stock variable), but they clearly are not en...
Producer Transcontinental Oil Corp. well locations, production data, & permits for wells and leases in North Dakota
Adding debt is self-reinforcing.Suppose a considerable amount of debt is added for what is deemed a good purpose, such as extracting oil in North Dakota. Oil companies will use the debt they receive for many different purposes–including paying employees, paying royalties to land owners, and pa...