The Dakota Access Pipeline, filling with crude oil in preparation for going into service May 14, should rearrange some crude oil flows and give a boost to the profit margins of oil producers in North Dakota, analysts told Bloomberg BNA. After delays, politics, protests and litigation, the $...
North Dakota’s biggest oil producers have picked a side and put money into an obscure election for the state’s agriculture commissioner, hoping to ward off a rising Democratic challenger who could limit development of new wells and pipelines. With a legislature that meets only every two years,...
North Dakota is the third-largest crude producer in the U.S., and it has been one of the fastest-growing state oil producers from 2016.15This amazing growth has been powered by the development of the Bakken Shale formation in the Williston Basin.16Although oil exploration in the Peace Garden...
China rounds out the top 5 global oil producers and is responsible for 5% of the total.4The country surpassed the U.S. to became the world's largest oil importer in 2017, and it is now the world's second-largest consumer in the world after the U.S.4 The northeast and north-central...
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...
1-2 Billings County, ND BTA OIL PRODUCERS, LLC 33-007-01446 20101 JV-P COOPER 1 Billings County, ND FOUNDATION ENERGY MANAGEMENT, LLC 33-023-00464 20104 JV-P SSU 31-11H Divide County, ND COBRA OIL & GAS CORPORATION 33-105-01637 20401 JV-P GOHRICK 43-17 Williams County, ND ...
and the other reason I think the Saudis would not really pursue this is because the real target of the Saudis is the U.S. shale producers," said Chris Weafer, senior partner at Macro-Advisory in Moscow. "Unless they are also part of an agreement, I can't see Russia or Saudi cutting...
Producers Track our assessments and use them in contracts and as reference in negotiation as well as for calculation of official selling prices. Refiners Rely on Argus assessments when evaluating offers and can also use our refinery netback prices for a wide range of crude grades to identify oppo...
Zavanna Energy, LLC (“Zavanna Energy”) is a privately held oil and gas exploration and production company operating in Williams and McKenzie Counties in North Dakota. Zavanna Energy and its predecessors have grown to become one of the top ten largest private producers in North Dakota, wid...
The oil industry is a global game and what happens in the world impacts the price of oil, especially since a large proportion of the world's biggest oil producers are in politically unstable areas. Regions Susceptible to Tensions Geopolitical tensions are often associated with many oil-producing ...