Tag Archives: bakken

Bad News For The Bakken As Obama Administration Blocks Pipeline

The Obama administration shocked the oil industry last week, pulling the plug on a major oil pipeline from the Bakken that had become a flashpoint between a pipeline company on the one hand, and a growing coalition of Native American tribes and environmentalists on the other. Everyone was anxiously waiting a Friday ruling from a U.S. federal judge, who was weighing a request from the Standing Rock Sioux Tribe to stop construction on the Dakota Access Pipeline, a $3.8 billion 1,168-mile oil pipeline that would run from North Dakota to Iowa and Illinois. The pipeline would […]

Supplemental Open Season Underway for Bakken Pipeline Transport

Dakota Access and Energy Transfer Crude Oil Company (ETCO) launched a binding supplemental open season on Aug. 12  to solicit shipper commitments for the Bakken Pipeline. The two companies expect incremental transportation capacity for Bakken/Three Forks production will be determined based on these commitments. The supplemental open season includes local tariff service on the Dakota Access pipeline from the Bakken/Three Forks play to Patoka, IL and will allow parties to use joint tariff service from the Bakken/Three Forks play to Nederland, TX through a commitment to both the Dakota Access and ETCO pipeline systems. Through […]

Sierra Club Files Suit Against New Construction of Bakken Pipeline

The Iowa branch of the Sierra Club has filed a lawsuit against the state’s Utilities Board (IUB) and Dakota Access LCC in an effort to block the construction of a pipeline that would connect North Dakota’s energy resources to the southern half of the United States. Wally Taylor, a lawyer for the nationwide environmental action and lobbying group, filed the petition on May 26th. The case, officially created on Tuesday, says the Bakken pipeline’s approval requires judicial review. Work on the project is set to begin shortly, according to a report by the local news source […]

Struggling Eagle Ford Still the Sweet Spot

February 2016, Vol. 243, No. 2

If development in Eagle Ford from 2008 to 2014 felt like a drag racer flying down the track, then 2015 must have felt like skidding to a halt. This year will be like hitting a brick wall − or a shale wall, but it’s a wall that will eventually be torn down. For now, though, the bad news keeps piling up. Baker Hughes’12 February rig count for the Eagle Ford is grim. Currently, there are only 58 rigs active in the region. That’s a staggering drop from 164 during the same period in 2015, and 216 […]