Sorted by date Results 1 - 7 of 7
On June 21, commissioners from Blaine, Carbon, Carter, Dawson, Fallon, Fergus, Garfield, McCone, Musselshell, Phillips, Pondera, Prairie, Richland, Roosevelt, Rosebud, Sheridan, Toole, Wibaux and Yellowstone counties met in Lewistown for the annual meeting of the Montana Association of Oil, Gas, and Coal Counties. The ironic lack of representation from Petroleum County is somewhat indicative of the current state of oil and gas development in Montana. In addition to the attending commissioners we...
Through a public-private partnership, the Resource Education and Agriculture Leadership (REAL) Montana program has been providing leaders from around the Treasure State with an in-depth look at natural resource development industries. This year, the second class of participants makes its way through a two year course, wherein seminars are scheduled throughout the state as well as in Washington D.C. At the end of the course, participants also take an international trip. The inaugural class...
Oil prices have started to make gains after a turbulent year in the Williston Basin. Just two short years ago, the Bakken was booming with activity. North Dakota was steadily producing more than 1.1 million barrels of oil every day with an average rig count of around 200. In the “shallow end of the pool”, as some say, production hovered around 80,000 barrels of oil per day in Montana, with less than 20 drilling rigs at any given time. Permit and rig counts have declined dramatically. In Montana, permits for new wells have been declining since a...
One of the most exciting things to take place in this country over the last few years has been the resurgence in American oil from American soil. The conversation about energy has changed from one about scarcity to one of abundance. Along with the tremendous uptick in drilling and production, has come the demand for thousands of jobs. The demand for workers couldn't have come at a more opportune time either, as much of the country saw unemployment numbers skyrocket during the recent economic rec...
Since the recent boom in the Bakken, eastern Montana towns have seen increases in far more than oil production. People from all walks of life have begun the trek west to find prosperity and opportunity afforded by the economic development now occurring in the oil and agriculture rich areas of Richland County. Juan Carlos Torres is one of those people. Juan Carlos is a father of six. He moved to the United States from Mexico City in 1985, after a terrifying earthquake, he said. He'd been driving...
Longtime “Landman” Dan Clancy has been helping to bring mineral owners together with oil and gas producers since his twenties. His job, like all landmen, begins after a petroleum engineer and a geologist outline an area of interest. Depending on the size of the area, one project can keep a landman occupied for some time. For Dan, and several others in the field, the Bakken formation in the Williston Basin has added years to his career. Clancy, a Montana native, first became interested in the...
Green technology is on the horizon, and in one of the most unlikely places; the Bakken oil patch. Innovative Montana co-founders of the Billings business G2G Solutions (Gas to Green) have created an ingenious solution for one of the Bakken’s “hottest” issues flared gas. Helena’s Mark Peterson took time from his busy day to explain over a cup of coffee more about the company which has created new opportunities for him and his family; G2G Solutions, which he is a co-founder of. Peterson, who own...
