Denbury Resources Declares Bankruptcy
Denbury Resources, Inc., a Texas-based oil company doing business in eastern Montana, has petitioned for Chapter 11 bankruptcy. Denbury was…
Tag: Oil & Gas
Other Pipelines Expand in Face of Shutdown of Dakota Access Pipeline
As the Dakota Access pipeline deals with lawsuits aimed at closing it, other pipeline companies are anticipating an increase in…
Higher Crude Oil Prices Projected
From Oil Patch Hotline Two major Wall Street banks are projecting higher prices for crude oil later this year because…
Bakken Output Increases, Expected to Grow More
North Dakota’s Bakken Shale gas output increased by 20% in 2019, and the latest analysis shows it growing another 10%…
Gas Prices Drop
Labor Day Weekend saw the lowest gas prices in at least three years, AAA reports. Gas prices dropped in every…
Continental CEO Predicts More Drilling Rig Cuts
From the Oil Patch Hotline Harold Hamm, CEO of Continental Resources, the largest Williston Basin producer, said OPEC and U.S.…
Oil Field Innovations Change The World & Oil Industry
“You did that.” “We need to talk about it more,” said Blu Hulsey, Senior Vice President of Government Relations and…
MPA Applauds Court Decision
By Jenna McKinney, Montana Petroleum Association The Montana Petroleum Association (MPA) applauds the 9th U.S. Circuit Court of Appeals panel…