Bill seeks to expand North Dakota’s oil footprint with tax breaks
A bill seeks to encourage drilling for oil outside of North Dakota’s highly productive Bakken Formation and take advantage of ...
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ExxonMobil looking to divest Bakken shale assets in North Dakota, US
US energy giant ExxonMobil is considering divesting a portion of its assets in the Bakken shale formation in North Dakota, ...
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Kinder Morgan acquires North Dakota gas processing system for $640m
US-based pipeline operator Kinder Morgan has entered an agreement with Outrigger Energy II to acquire a natural gas gathering and processing system in the Bakken formation in North Dakota for $640m.
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Study pegs potential $9 billion tax impact for CO2 in North Dakota oil wells
North Dakota’s oil industry in 2024 marked 5 billion barrels of oil production from the Bakken Formation. Kroshus said the state has collected $23 billion in oil tax revenue over the last decade.
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Kinder Morgan to make $640 million acquisition in Bakken
Kinder Morgan is buying assets in the Bakken, which is expected to see ... with 350 million cf/d of capacity, in North Dakota from Denver-based Outrigger Energy II LLC. The transaction is expected ...
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Midwest state set to become 'liquid gold' capital of the world after billions more gallons of oil discovered
North Dakota could help America become a dominant ... It is comprised of two interconnected formations: the Bakken Formation and the Three Forks Formation, meaning there are essentially two ...