At a steady 60-plus rig count, the Bakken is a powerful job creator even if it doesn’t return to its peak in 2013-2014, Barry Biggs, vice president of onshore for Hess Corp., told Hart Energy’s Jessica Morales at the recent DUG Rockies Conference in Denver.
With completion of pipelines in North Dakota and the narrowing differentiation of price between West Texas Intermediate and Brent, the margins in the Bakken have widened and producers are looking north again, Biggs said.
2023-02-03 - Miniature quartz gauge measures reservoir conditions through cement in real time.
2023-01-12 - ChampionX’s new portable emissions-detecting camera incorporates newer technologies that have shifted the way operators survey for emissions.
2022-11-16 - Nabors retrofitted an existing rig with its “first-of-its-kind robotics module,” named RZR and has successfully drilled multiple horizontal wells for Exxon Mobil in the Permian Basin, the company said Nov. 16.
2022-11-18 - A successful cyberattack could wreak damage resembling the effects of the 2010 Deepwater Horizon disaster, the report said.
2022-12-01 - Expro will provide integrated well services at Apache Corp.'s North Sea locations beginning in the fourth quarter of 2022.