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The American Petroleum Institute (API) is a trade association that represents producers and servicers of a wide range of oil and petroleum businesses throughout the United States. Representing more than 10 million jobs in the United States, more than eight percent of the nation’s economy and more than 625 business members, the organization focuses on promoting safety on the job and positively affecting the gas and oil industry through influencing public policy. This organization is r...
OKLAHOMA CITY, Oct. 17, 2017 /PRNewswire/ -- Continental Resources, Inc. (NYSE: CLR) (the Company) today announced its first-ever sale of Bakken oil specifically for delivery overseas. The Company has sold 1,005,000 barrels of Bakken crude oil for November delivery to Atlantic Trading and Marketing ("ATMI"), which intends to export the oil to China. Daily sales transactions of 33,500 barrels per day in November will take place in Cushing, Oklahoma. ATMI then plans to transport the oil for...
The Economic Development Association of North Dakota will hold its fall conference in Williston Oct. 18-20. The three-day conference will highlight growth projects in Williston including the Williston Basin International Airport and Sloulin Redevelopment; Downtown Williston/Governor's Main Street Initiative; and the training and classes offered at TrainND Northwest. Participants will have an opportunity to experience some of the skills needed in the oil and gas industry. The tour will feature...
Oasis Petroleum Inc, an independent exploration and production company, focuses on the acquisition and development of unconventional oil and natural gas resources in the North Dakota and Montana regions of the Williston Basin. Oasis Petroleum was founded in 2007 and is headquartered in Houston, Texas. Local offices are located in Alexander, Watford City, Williston and Powers Lake. Alexander office employees are : Superintendent-Conrad Ellis, Foreman: Mike Haase, Pete Transtrom and Dave Couture....
At the Bakken Conference and Expo in Bismarck, ND this week, Watford City was announced as the site for their July 16-18, 2018 meeting. The Rough Rider Center will showcase the city and county to the hundreds of attendees expected to come from throughout North Dakota, the nation, and maybe even international locations....
McKenzie County Economic Development Coordinator Daniel Stenberg speaks at the "Bakken vs. The World" Pre-Conference Seminar which was held July 17 prior to the Bakken Conference. Stenberg's presentation featured infrastructure and community updates in McKenzie County since the oil boom occurred. The Bakken Conference & Expo, being held in Bismarck this week, features energy & economic professionals presenting information on the current status of the Bakken oil play....
(BILLINGS, Mont.) – Bids on oil and gas leases in northern and southeastern Montana brought in $720,843 in an online auction held June 13, by the Bureau of Land Management. The sale included 156 parcels encompassing approximately 69,000 acres of federal minerals in Big Horn, Carter, Custer, Fallon, Garfield, Powder River and Rosebud Counties were offered at auction. Bids were received on 49 parcels totaling nearly 15,611 acres. Caribou Land & Livestock Montana, L.L.C., of Boulder, Colo., was the highest bidder, paying $116 an acre for a 320 a...
The American Petroleum Institute (API) is a national trade association that represents different aspects of America's oil and natural gas industry. There are approximately 625 corporate members, from the largest major oil company to the smallest of independents from all segments of the industry. They are producers, refiners, suppliers, marketers, pipeline operators and marine transporters, as well as service and supply companies that support the industry. The Mon-Dak chapter of API, which is...
Gov. Doug Burgum on Tuesday, May 23 gathered oil and gas company representatives, agency officials and other stakeholders to discuss best practices and latest technologies for transporting crude oil and produced water in North Dakota and to improve monitoring, leak detection and communication of spills. Burgum convened the invitation-only meeting at Bismarck State College to foster an open dialogue about what is being done to prevent spills and monitor pipelines and what new technologies and methods are available to improve fluid...
Kraken Oil and Gas gifts four-gas monitors, which detect gases and vapors toxic to firemen, to the Sidney Fire Department. Pictured from left-to-right are Justin King (Deputy Fire Chief), Derek Carda (Kraken Oil), Larry Christensen (Fire Chief) and Rob Gilbert (Fire Marshal). (Photo by Jordan Hall)...
OneOK engineer Daniel Chargois came to the school today to drop off a check of $750.00 for a 3D printer that will be used in our STEM and Robotic programs. This is our 2nd year of receiving the education grant from OneOK in support of our STEM programs. Last year, we received $5,000 which was applied to our Project Lead the Way Stem curriculum for grades K-8. OneOK has been supportive of Alexander Public School over the last few years. They have come into the classrooms as students and...
Giving many needed resources to Bakken-area charities has heretofore gone unadvertised and unpublished for one oilfield company. It has not been a calculated business decision that has led Loenbro to give so generously to organizations in Richland County, and so there have not been press releases or photo opportunities with giant checks being handed to the happy recipients of their generosity. According to Loenbro’s Business Development Officer, Lee Haven, their considerable giving to f...
Bismarck, N.D. – The North Dakota Petroleum Council (NDPC) is seeking applicants for the Al Golden Memorial Scholarship program, which will provide a $2,000 scholarship to nine qualified college students pursuing a post-secondary education in geology, engineering, processing plant technology, science, technical skills or other careers related to the oil and gas industry. The application period will remain open until April 1. “The state has continued to experience a shortage of qualified workers within the energy industry. As activity picks up...
Lawmakers in Helena are considering a bill that would infuse money back into the state's main revenue fund by increasing taxes on new oil and gas wells. House Bill 215 would remove what is called a "holiday tax," which is a tax incentive for oil and gas companies during the first year of production on a well. The current tax for new wells is half a percent of gas production. The bill, sponsored by Democratic Rep. Mary Ann Dunwell, would increase that to 4.5 percent. "I consider this low-hanging...
Jim Arthaud started a three employee company in 1979 called MBI Energy Services. That company quickly became well known in the Bakken and quickly grew to become the largest independent oil field service provider in the Williston Basin. MBI is headquartered in Belfield but has locations across North Dakota, Colorado and Wyoming. The leadership exemplified by Arthaud to grow a company to that magnitude and his involvement on state and local boards is part of the reason that he was awarded in Bisma...
Lunnen Real Estate Services, an industrial real estate development and brokerage company, along with their partners have acquired 83 acres adjoining the Dakota Access (Energy Transfer Partner's) crude oil gathering Trenton Terminal West of Williston in Williams County to add to their 1804 Industrial Park. This acquisition will expand the park to over 200 acres of heavy industrial land intended for crude oil storage and ancillary oil companies around the terminal. Matrix construction is nearing completion of the Trenton Terminal, which is a 30...
The Williston Basin Chapter American Petroleum Institute is holding their 5th annual Awards Banquet on Thursday, Nov. 17th at the Grand Williston Hotel & Conference Center located at 3601 2nd Ave W in Williston, ND. The banquet is a networking opportunity that honors the achievements of individuals and organizations that have contributed to the success of the oil and gas industry in the Williston Basin, as well as celebrating those accomplishments with Achievement Awards. The doors open at...
This is Richland Pump & Supply’s 17th year providing supplies and service to the oilfield. Scott Ramus and Dave Williams opened their doors on Sept. 15, 1999; both had extensive experience in different areas of the oil field and both had been working for supply company Continental Emsco when the business was bought out by Wilson Supply. Wilson Supply kept the Sidney location open for only ten months before closing-up shop, and at that point, Ramus and Williams decided to start their own c...
The Bakken Oil Product & Service Show will feature more than one hundred exhibits and invites companies in the Bakken Shale Play to connect, network, and meet vendors. The event will be held at the Raymond Family Community Center at 1002 11th St. West in Williston, ND Oct. 5th and 6th. Tuesday, Oct. 4 exhibitors can set up from 8:00am – 4:00pm central time and both indoor and outdoor space is available. The invitation only Exhibitor Social is from 6:00 – 8:00pm, and provides exhibitors an opp...
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...
According to a poll conducted by Moore information for the Montana Chamber of Commerce, most residents are against restrictions proposed by the EPA. The poll is the result of 800 telephone interviews conducted during February. Regarding the Environmental Protection Agency’s new power plant emissions regulations, 59 percent of those polled said the state should fight the federal government about the regulations. There was 28 percent who supported the plan while 13 percent were in the “don’t know...
Some people living in the Bakken area became more optimistic recently when the North Dakota director of mineral resources told Williston, N.D. leaders that oil will come back “with a rush.” According to the Forum News Service, Lynn Helms told the Williston Chamber of Commerce that he anticipates the community will have 40,000 permanent oil jobs by 2050 and a population of more than 80,000. Helms said the world’s oil supply will return to balance by the end of 2016 or early 2017. Alan Olson...
One of the key factors in the survival of the Bakken oil patch in the future will be affordable transportation options. Bakken producers receive lower realized prices for their output due to the transportation costs associated with moving the product as well as the difficulty in storing it. This issue has been a persistent problem for years, but crude by rail has helped make the issue less problematic over time. Pipelines are the next step for the Bakken if it is to become a sustainable long-term oil producing area. Yet putting in a simple...
After a 40-year ban, Congress lifted the ban on exporting crude oil just this last December. Hess Corp on Friday, April 22nd, 2016 confirmed it sold Bakken crude oil for export out of the U.S. Gulf Coast to Europe. Loaded at St. James, Louisiana in early April, Hess sold 175,000 barrels of Bakken crude oil which is being shipped to a refinery in Europe; spokesman John Roper stated in an email. Hess Corp did not disclose the buyer or the name of the vessel transporting the Bakken crude oil....
Williston Basin Pertroleum Conference will be held May 24-26 at Bismarck Event Center, 315 South 5th Street, Bismarck, ND. The North Dakota Petroleum Council, North Dakota Department of Mineral Resources, and the Government of Saskatchewan, look forward to hosting the 2016 Williston Basin Petroleum Conference. This years topics will range from North American and world energy supply and demand, to highly technical Bakken talks and to managing community impacts. Anyone with interest oil and gas business in the Williston Basin can and should...
