Bakken
The Bakken Gears Up For Its Second Decade
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A decade into North Dakota’s shale fracking boom, the state consistently produces one million barrels of oil per day. Now, officials here look to double production.
Inside Energy (https://insideenergy.org/tag/oil/)
A decade into North Dakota’s shale fracking boom, the state consistently produces one million barrels of oil per day. Now, officials here look to double production.
Hurricane Harvey is wreaking havoc on the oil industry, especially in the Gulf where refineries are shut down. But it’s also impacting oil in states far from the storm.
Officials in North Dakota want the U.S. Geological Survey to put out a new estimate for how much oil is available in its shale plays — all in the hope that a higher figure will draw greater investment to the state.
Thunderstorms are a regular occurrence on the prairie, but when they roll through oil country, they can wreak havoc hitting wastewater disposal sites.
In its first month of service, the Dakota Access Pipeline is already causing major changes to the way oil is transported out of North Dakota.
While the head of the EPA goes on a tour of 25 states, the agency is rolling back a host of environmental regulations — including trying to delay implementation of Obama-era methane rules at oil and gas wells. Some residents and environmental groups are taking action, concerned that methane leaks lead to poor air quality.
Natural gas has lower emissions than other fossil fuels, and so it is often touted as a “bridge fuel” to ease our country’s transition from big polluters like coal and oil to a cleaner, greener, low-carbon energy future. But methane leaks as a result of natural gas production may put that clean gas bridge in doubt.
Salty wastewater from oil wells was once dumped into pits dug into farmers’ fields. Over the years, it seeped into neighboring land, rendering it infertile. Decades later, North Dakota’s left wondering how to clean up this toxic legacy.
Oil drilling and production in the many parts of the country is booming again. But in the Permian Basin of west Texas, the boom has a byproduct that producers are considerably less excited about: oil theft. The Houston-based Energy Security Council estimates that this year alone, Texas companies will lose between 10 to 30 million barrels of oil to theft, a revenue loss of $450 million to nearly $1.5 billion at today’s prices.