HomeMagazine2018July 2018, Vol. 245, No. 7Innovation, Technology Reshape North Dakota’s Bakken Shale

July 2018, Vol. 245, No. 7

Features

Innovation, Technology Reshape North Dakota’s Bakken Shale

Digital Oilfield By Richard Nemec, Contributing Editor While North Dakota was riding out the most recent boom-bust cycle in the oil patch, energy industry officials in the state were learning on the job, trying to figure out ways to work smarter as margins and cash flows were dissipating for everyone. Before the turnaround developed this year, the oilfield was strewn with casualties. Nevertheless, billionaire oil pioneer Harold Hamm and his teams at Continental Energy Resources Corp. looked around and saw opportunities to create better mousetraps in exploring and producing oil and natural gas.  That’s why as prices continued to turn upward in 2018, by nearly mid-year the outlook in the Ba

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