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Last updated on April 21, 2014 at 9:29 EDT

Latest Bakken Formation Stories

2014-03-27 23:24:18

While growth in North Dakota's oilfields has generated optimism across the country, there are numerous challenges that must be addressed if the United States is truly going to capitalize on the oil boom, according to R3 Sciences. (PRWEB) March 27, 2014 It's no secret that business is booming in North Dakota's oil industry. In fact, growth in the state has helped fuel an energy revolution across the country, and much of the United States is looking to North Dakota to take a...

2014-03-26 12:23:04

51.4 Miles of Gathering Pipeline in Northern McKenzie County is Scheduled to be In-Service in the 4th Quarter of 2014. The Project Will Connect North & Central McKenzie County to Takeaway Options in and Around Johnson's Corner DALLAS, March 26, 2014 /PRNewswire/ -- Paradigm Energy Partners, LLC ("Paradigm") announced today the execution of a gathering contract that will anchor the build-out of an expansive gathering system extending from the Charleson Field of northern McKenzie...

2014-03-25 16:22:37

MIDLAND, Texas, March 25, 2014 /PRNewswire/ -- Mexco Energy Corporation (NYSE MKT:MXC) ("Mexco" or "the Company") today announced the acquisition of additional working interests in a joint venture. The Company's working interest in this development of seven horizontal wells in the Wolfcamp formation of Reagan County, Texas was increased from 0.57% (0.49% net revenue interest) to 1.4% (1.2% net revenue interest) increasing the estimated drilling costs from $350,000 to approximately...

2014-03-08 20:20:12

DALLAS, March 8, 2014 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) today announced that its 2013 tax packages, including the Schedule K-1, are now available online and may be accessed at https://www.partnerdatalink.com/summit/. SMLP will begin mailing the 2013 tax packages to unitholders on March 10, 2014 and expects to complete the process by March 14, 2014. Unitholders may also call Partner DataLink at (855) 375-4158 Monday through Friday from 8:00 a.m. - 5:00 p.m....

2014-02-10 08:30:09

THE WOODLANDS, Texas, Feb. 10, 2014 /PRNewswire/ -- TETRA Technologies, Inc. (TETRA or the Company) (NYSE:TTI) today announced that it has acquired the assets of WIT Water Transfer, LLC, d.b.a. TD Water Transfer (WIT). WIT provides water management services with operational centers in Tilden and Carrizo Springs, TX, serving the Eagle Ford shale, and in Pecos, TX, serving the Permian Basin. Additionally, WIT has an operational center in Williston, ND, serving the Bakken shale....

2014-01-30 08:34:38

DENVER and LONDON, Jan. 30, 2014 /PRNewswire/ -- Liberty Resources II LLC ("Liberty II" or the "Company"), a Denver-based oil and gas company, today announced that it has entered into an agreement to acquire oil and gas assets in North Dakota's Williston Basin for $455 million. The properties to be acquired comprise approximately 53,000 net acres in Williams, Divide, Burke and McKenzie counties and over 4,000 boe/day of production from the Bakken and Three Forks formations, which...

2013-12-18 16:25:03

DENVER, Dec. 18, 2013 /PRNewswire/ -- Triangle Petroleum Corporation ("Triangle" or the "Company") (NYSE MKT: TPLM) announced today that Caliber Midstream Partners, L.P. ("Caliber"), its midstream joint venture with First Reserve's Energy Infrastructure Fund ("FREIF"), has closed on a Senior Secured Revolving Credit Facility ("Credit Facility") in the amount of $200 million. Additionally, Caliber will pay a $1.05 per unit distribution, from available cash, to its unitholders...

2013-12-09 08:23:30

The Basin has one of the largest shale oil reserves in North America MINOT, N.D., Dec. 9, 2013 /PRNewswire/ -- Mainstream Investors, LLC, a North Dakota-based private investment firm, announced today that it will commit an additional $10 million towards oil and gas production in western North Dakota's Williston Basin in 2014. The Basin is renowned for its Bakken Formation, one of the largest shale oil reserves in North America. Mainstream participates in energy production through the...

2013-11-27 23:23:44

Reportbuyer.com just published a new market research report: Unconventional Oil & Gas Quarterly Deals Review, Q2 2013 - Bakken Shale Emerging as an Attractive Destination for Buyers. London (PRWEB) November 27, 2013 Unconventional Oil & Gas Quarterly Deals Review, Q2 2013 - Bakken Shale Emerging as an Attractive Destination for Buyers Summary GlobalData's “Unconventional Oil & Gas Quarterly Deals Review, Q2 2013 - Bakken Shale Emerging as an Attractive Destination...

2013-11-19 16:21:42

Projects Include the Partnership's Sixth and Largest Natural Gas Processing Plant Since 2010 in North Dakota and Second Expansion of Bakken NGL Pipeline TULSA, Okla., Nov. 19, 2013 /PRNewswire/ -- ONEOK Partners, L.P. (NYSE: OKS) today announced plans to invest approximately $650 million to $780 million between now and the second quarter 2016 to: -- Build a new 200-million cubic feet per day (MMcf/d) natural gas processing facility - the Lonesome Creek plant - and related...