Posts Tagged ‘dakota’

US rigs lose 26

by on November 2, 2012 8:17 pm BST
The recent trend was flipped on its head this week as oil rigs suffered a sharp decline and gas rigs gained for only the tenth week this year.Oil rigs were down by 35 for a total of 1373 and gas rigs rose by rose by eight for 424. The data could be

US gains four rigs

by on October 19, 2012 5:27 pm BST
The count drilling for oil dropped by one to 1410, while the tally of gas rigs rose by five to 427.Alaska saw the largest gain in rigs, its count rising by five to total 12. The count in Texas, meanwhile, dropped by five to total 867.Arkansas, Colorado and North Dakota all added

N. Dakota oil output passes 700,000 bpd

by on October 10, 2012 10:39 pm BST
The state's oil output was near 701,000 bpd in August and fast approaching that of Opec-member Qatar, which produced 770,000 bpd that month, Reuters reported.Most of this was from the Bakken and Three Forks shale prospects, where production rose to just above 635,000 bpd, the data also showed.A combination of

Continental aims to triple output by 2017

by on October 8, 2012 9:25 pm BST
The Oklahoma City-based company will start with an expected 30% to 35% increase in production next year, it said in a statement. The increase will come on the back of a capital expenditures budget, excluding acquisitions, of $3.4 billion, whch will enable Continental to complete 300 net wells in 2013.Continental