The big story remains the slump in oil prices. We are now entering the 3rd of five consecutive months required for a huge tax break for Bakken operators if the price of oil remains below $52 or something like that. Active rigs are down to 94 in North Dakota.
Glut
Russian oil production hit post-Soviet high in March, 2015
Another look at Hubbert's curve
Samson Resources may reorganize through bankruptcy
Fourteen permits canceled
15 of 20 wells go to DRL status
Operations
Some incredible wells are being reported
How much US oil comes from fracking? 50%
Whiting: full steam ahead; company can grow despite low oil prices
Oasis may "spin off" an MLP
A well worth following
Refinery
Update on the Dickinson distillery
CBR
North Dakota's new CBR rules take effect April 1, 2015
Why bitumen/dilbit by rail is not necessarily safer than Bakken CBR
EIA will now track and report CBR on a monthly basis
Flaring
NDIC severely penalizes five oil companies for excessive flaring
XTO requests flaring waiver for 140 wells
Fracking
No sand being trucked to the Bakken -- anecdotal note
Frack sand CEO comments on fracking
Bakken economy
Record number of births in Williston in 2014
North Dakota ships more oil to the eastern US than all other areas in the US combined
Williston region with more job openings right now than this time last year
Port of North Dakota (Minot) announces expansion
Six of the top fifteen fastest growing counties in the US were in North Dakota last year
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