hotlineprinting.comOIL PATCH HOTLINE NEWS - Oil Patch Hotline
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Description:Your true source for the latest oil and gas industry news from the Bakken and beyond. Read and trusted by top industry executives and business owners.
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Skip to content $ 0.00 0 View Cart Checkout No products in the cart. Subtotal: $ 0.00 View Cart Checkout (407) 463-2237 Oil Patch Hotline All the news you need from the Bakken Oil Field TOP STORIES SUBSCRIPTIONS ADVERTISE CONTACT US TOP STORIES SUBSCRIPTIONS ADVERTISE CONTACT US LATEST UPDATE FROM THE PATCH Wyoming gives oil companies a tax break… Read more about it in the April 9 issue of Oil Patch Hotline… BREAKING NEWS! ND Land Board Backs Off Past Royalty Payments Facing tough criticism along with the economic downturn, the ND Board of University and School Lands backed from demanding past gas royalty payments from wells on state lands. The board agreed to delay action until Sept. 30 and may consider further extensions if necessary. Earlier action by the board, giving producers only 90 days to… Apr 10 2020 NEW & NOTEWORTHY Oilfield Service Company Makes Hospital Beds Thermdynamics in Tea, SD is a major supplier of portable heaters for the oil and gas industry in the Williston Basin, the company has been impacted by the declining oil business. So owner, Rich Koopman, was contacted by another company to help with orders for the hospital business. “We are currently welding 400 bed frames… Goodnight Protests Slurry Well Goodnight Midstream LLC of Dallas, which operates several salt water disposal systems in North Dakota, filed several objections to two proposed slurry well injection wells in McKenzie County. At a… TOP STORY $8 Billion Keystone XL Starts Up Backed up with $1.1 billion in funding from the Alberta provincial government, TC Energy Corp. said it was moving forward with the construction of the $8 billion Keystone XL Pipeline… TOP STORY Continental Chops Spending; Drilling Rigs Continental Resources said it has made a 55% cut in its capital spending budget, dropping it to $1.2 billion as it reduces the number of rigs drilling in North Dakota… Newfield Royalty Case Goes Back To Court Will ND Dept. of Trust Lands Back Off? With a new trial in the offing on Newfield Exploration’s arguments for gas royalty deductions, it is seen as a major setback to the aggressive efforts by the ND Dept.… ND Petroleum Conference Postponed To Sept. 1-3 The North Dakota Petroleum Council has postponed the May 2020 Williston Basin Petroleum Conference to Sept. 1-3. This decision was made following issuance of the CDC’s Interim Guidance for Coronavirus… ONEOK Stops Demicks Lake Gas Plant Construction ONEOK’s Demicks Lake gas processing plant in McKenzie County The sharp drop in crude oil and natural gas prices plus a slowdown in drilling forced ONEOK to stop work on… Montana Oil Production Remains Unknown Frustrated by the fact that a contractor has not been hired yet to tabulate monthly oil production statistics from operators, it could be as long as another two to four… Whiting and Hess Announce Bakken Drilling Cuts Whiting Petroleum Corp. and Hess Corp. both announced major capital spending cuts in the Bakken. Whiting said it will reduce its budget by $185 million down to a range of… Rockies Midstream Operators Launching New Gas Plants Meritage Midstream Steamboat natural gas processing plant under construction October 2019 Midstream operators in Wyoming and North Dakota are scrambling to get flaring under control as they launch new natural… APRIL 9, 2020 To order a ONE TIME FREE COPY of the latest issue of OIL PATCH HOTLINE call (407) 463-2237 or email mail@hotlineprinting.com Rockies Midstream Operators Launching New Gas Plants Meritage Midstream Steamboat natural gas processing plant under construction October 2019 Midstream operators in Wyoming and North Dakota are scrambling to get flaring under control as they launch new natural… Oil Industry Outrage Forces ND Land Board To Reconsider Ron Ness Outrage from the oil industry erupted after a letter sent out by the ND state land commissioner demanded payment for past underpaid royalties plus penalties and interest following… Hess 2020 Production Target: 200,000 BOEPD Hess Corporation will spend $1.375 billion to fund a six rig program in the Williston Basin this year to drill 170 new wells and complete 175. The company estimates production… Enbridge Proposing Expansion Of Older US Crude Pipeline Because of the critical shortage of outbound crude oil pipelines in Canada, Enbridge Inc. is proposing an expansion of its older Express Pipeline. The current pipeline runs 731 miles from Hardisty,… Keystone XL Pipeline Rolls TC Energy Corp. said it will start construction in April on the 1.2 mile section of the Keystone XL crude oil pipeline that crosses the Canadian border and will also… May Start Up For Proposed 250 Mmcf A Day Gas Processing Plant Construction is expected to start by May on a proposed 250 Mmcf a day natural gas processing plant on a site near the Montana-North Dakota Border and be in operation… Huge Expansion of Dakota Access Pipeline Proposed A huge expansion costing between $35 million and $40 million, that will more than double the capacity of the Dakota Access Pipeline to 1.1 million BOPD, was proposed by Energy Transfer… Bakken Targeted For Blockchain Testing Blockchain, a digital distributed ledger system, will be tested on water handling services in North Dakota’s Bakken oil fields. A group of companies including Chevron Corp., ConocoPhillips, Exxon Mobil Corp.,… BE THE FIRST TO KNOW Many copy our stories, but you will read them first in Oil Patch Hotline . We cover news to keep you informed on what is going on in the Williston Basin and the upper Rocky Mountain region. We supply rig locations and the latest drilling permits issued by state commissions in North Dakota, South Dakota, Montana, Wyoming, and Colorado. Subscribe to Oil Patch Hotline by clicking here , or reach us by phone/text at 407-463-2237. Get the top stories from our news feed FREE! ENTER YOUR EMAIL ADDRESS: LATEST PRICES Upper Rocky Mountain Spot Crude Oil Prices WTI and N. Texas: $12.95 CO North Central: $5.49 Colorado Western: $6.79 ND Light Sweet: $7.27 WB Mixed Sweet: $6.34 N Wyo. / S Mont. $6.25 Wyoming Sweet: $7.79 Spot prices updated April 23 Daily Cash Market Spot Natural Gas Prices US Spot Gas Avg: $1.705 Henry Hub, Erath, LA: $1.765 N. Border, Watford, ND: $1.375 N. Border, Ventura, IA: $1.890 Chicago Citygate: $1.825 NGPL Midcontinent: $1.590 Cheyenne Hub, CO: $1.620 NW Wyoming Pool: $1.895 Opal, SW Wyoming: $1.650 Malin, OR via N. Border: $1.675 Spot prices updated April 23 U.S. RIG COUNT 529 as of 4/17/2020 -73 from 4/9/2020 -483 from 4/19/19 (Courtesy Baker Hughes) | © 2020 Oil Patch Hotline Go to Top GET 12 ISSUES OF OIL PATCH HOTLINE PER YEAR Oil & Gas industry news for execs, managers, drilling contractors, service companies, attorneys and regulators. Rig Reports from 5 states, drilling permits and much more. SUBSCRIBE & GET 12 ISSUES! ×...
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