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Latest Bakken Formation Stories

2014-10-30 20:21:07

FORT WORTH, Texas, Oct. 30, 2014 /PRNewswire/ -- Lonestar Resources, Ltd. (ASX:LNR, OTCQX: LNREF) is pleased to provide an update on its financial and operational results for the three months ended September 30, 2014 (3Q14). Third Quarter Highlights -- Lonestar reported a 56% increase in net oil and gas production to 4,669 BOEPD in 3Q14, vs. 2,997 BOEPD in 3Q13, 81% of which was crude oil and NGL's. Lonestar's 3Q14 production also represented a 29% sequential...

2014-10-30 16:23:50

Completed Projects Include Garden Creek III Natural Gas Processing Facility, Expansion of the Bakken NGL Pipeline and Niobrara NGL Lateral Pipeline TULSA, Okla., Oct. 30, 2014 /PRNewswire/ -- ONEOK Partners, L.P. (NYSE: OKS) today announced the completion of more than $500 million in capital-growth projects, including: -- The 100-million cubic feet per day (MMcf/d) Garden Creek III natural gas processing facility and related infrastructure in McKenzie County, North...

2014-10-17 16:22:06

On Year-Over-Year Basis, Production from Prolific Shale Plays Up 32.1% DENVER and HOUSTON, Oct. 17, 2014 /PRNewswire/ -- Oil production from shale formations in North Dakota and Texas increased by 55,000 barrels per day (b/d) or 2.1% in September, according to Bentek Energy, an analytics and forecasting unit of Platts, a leading global provider of energy, petrochemicals, metals and agriculture information. In South Texas, Eagle Ford shale oil production was 38.3% higher than...

2014-10-15 16:23:11

LONDON, Oct. 15, 2014 /PRNewswire/ -- REPORT HIGHLIGHTSThe U.S. fracking fluid market was valued at $18.4 billion in 2012, grew to $26 billion in 2013, and is projected to reach about $37.3 billion in 2018, with a compound annual growth rate (CAGR) of 7.4% for the five-year period, 2013 to 2018.This report provides:An overview of the U.S. market for fracking fluids, which are used in hydraulic fracturing, or "hydrofracking," for shale gas and oil production.Analyses of global market...

2014-10-14 08:25:12

System Will Provide Greater Access and Takeaway Options for Producers HOUSTON, Oct. 14, 2014 /PRNewswire/ -- Asset Risk Management (ARM) (www.asset-risk.com) announced today that ARM Midstream, a wholly owned subsidiary of ARM, intends to construct a crude oil gathering system in the prolific Bakken shale gas play and underlying Three Forks formation. The gathering system project is the first phase of ARM's desire to serve area producers via direct access and greater optionality to...

2014-09-26 23:00:57

The newly formed Bakken Corrosion Committee will hold its next meeting on Wednesday, October 1, from 10:00 am to 2:00 pm on October 1, 2014 at the Grand Williston Hotel located at 3601 2nd Avenue West, Williston, North Dakota. Williston, ND (PRWEB) September 26, 2014 The Bakken Corrosion Committee, a group of corrosion industry professionals in the Bakken shale region have announced speakers and topics for the group’s meeting on October 1. The meeting takes place from 10:00 am to 2:00...

2014-09-26 16:22:04

DALLAS, Sept. 26, 2014 /PRNewswire/ -- Reports recently released by the U.S. Energy Information Agency (EIA) held no surprises for the oil and gas industry. Shawn Bartholomae praised, as the supreme oil and gas producing state, Texas continues to amaze the industry with its dominating position. The EIA report confirmed that Texas has doubled its oil production in the last three years with increases for every consecutive month since early 2011. Shawn Bartholomae, CEO of Prodigy...

2014-09-26 16:21:44

DALLAS, Sept. 26, 2014 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) announced today that Matt Harrison, Senior Vice President and Chief Financial Officer, will present at the Deutsche Bank 2014 Leveraged Finance Conference in Scottsdale, Arizona on Tuesday, September 30, 2014, at approximately 4:20 p.m. local time. The presentation materials associated with this event will be accessible through the Investors section of SMLP's website at www.summitmidstream.com...

2014-09-24 12:23:29

NEW YORK, Sept. 24, 2014 /PRNewswire/ -- Macoma Capital Group, a New York-based investment firm, today announced it has made its largest investment in a leading energy company focused on the acquisition, exploration, and development of oil and gas properties in the Williston Basin, one of the premier shale plays in the Bakken. The energy company structures strategic alliances and exploration agreements with leading operators and mineral owners to increase production in the basin....

2014-09-19 08:23:06

Production from Prolific Shale Plays Up 31.5% Compared to Year Ago Levels DENVER and HOUSTON, Sept. 19, 2014 /PRNewswire/ -- Oil production from shale formations in North Dakota and Texas increased by more than 78,000 barrels per day (b/d) in August or 3.1% in August, according to Bentek Energy, an analytics and forecasting unit of Platts, a leading global provider of energy, petrochemicals, metals and agriculture information. The latest data shows that South Texas, Eagle Ford oil...


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