Bakken Production Up, Future Uncertain

August 17, 2020 jasonspiess 0

Lynn Helms, director of the Department of Mineral Resources, led this month’s ND Oil and Gas Director’s Cut. According to Helms, the North Dakota crude oil production rebounded slightly in the month of June. Production averaged 859,362 barrels in June, far below the record 1.52 million barrel daily average in […]

Helms: What Rig Count Zero Means in a Shale Play

April 25, 2020 jasonspiess 0

Lynn Helms, Director, Department of Mineral Resources, recalls what life was like during the last bust when rig counts reached zero in the Bakken. Helms was a week into his job when this historic feat occurred. Helms explains some of the logistics behind going from several rigs to zero rigs […]

Bakken Monthly Production Report and Director’s Cut

February 16, 2020 jasonspiess 0

Corona virus, new drilling techniques, price issues, pipelines and flaring all discussed this month with Lynn Helm’s Director’s Cut. “The drilling rig count was very stable in the mid 60’s for the first half of the year,” Helms said. “Based on oil price, capital availability, and gas capture operators implemented […]

ONEOK’s Elk Creek NGL Pipeline in Operation

December 16, 2019 jasonspiess 0

ONEOK, Inc. announced that it had put into operation its Elk Creek Pipeline, which has the capacity to move up to 240,000 barrels per day of natural gas liquids to a fractionation complex in Kansas. The much-anticipated 900-mile, $1.4 billion project will have an immediate impact on the ability of […]

ND Oil Tops 1.5M Barrels Per Day

December 16, 2019 jasonspiess 0

North Dakota oil producers set another production record in October, pumping an average of more than 1.5 million barrels of crude per day. Natural gas production also set a new record, averaging 3.07 billion cubic feet per day. The official preliminary production figure was 1,517,796 bbl/day, an increase of nearly […]

Coffee & Capitalism Radio Episode 150: Do leaders need to reinvent their business plan?

December 11, 2017 jasonspiess 0

Small Business USA Interview: Lynn Helms, director, North Dakota Department of Mineral Resources Helms explains why business leaders, political leaders and players involved in major decisions need to reinvent themselves as leaders in today’s global economy. GroundBreakers Interview: David Owen, Legalize ND Owen discusses his full cannabis legaliztion ballot initiative, […]

Drilling steady, level in the latest Bakken report

November 16, 2017 jasonspiess 0

The following are latest numbers, stats and comments from the North Dakota Department of Mineral Resources.  Data was compiled during August 2017. Oil Production August 33,768,855 barrels = 1,089,318 barrels/day September 33,213,127 barrels = 1,107,104 barrels/day(preliminary) (all-time high was Dec 2014 at 1,227,483 barrels/day) 1,054,991 barrels per day or 95% […]

Notes from the WDEA Annual Meeting

November 7, 2017 jasonspiess 0

The Western Dakota Energy Association recently had their annual meeting in Dickinson, ND.  Here are a few newsworthy notes from their annual meeting. Helms: This is a Five-Generation Play North Dakota’s chief oil industry regulator expects the state’s production will grow in the next few years, and will continue for […]

Building the Bakken Radio Episode 221: Energy donations, questions on the Davis Refinery and WDEA’s annual meeting

October 23, 2017 jasonspiess 0

Energy Economy Interview: Geoff Simon, director, Western Dakota Energy Association Simon gives an overview of the upcoming WDEA annual meeting, who speakers are and what topics to expect. Energy Communities Interview: Vicki Granado, Energy Transfer Partners and the Dakota Access Pipeline Granado talks about Energy Transfer Partners’ recent donations to […]

Technology emerging in the Bakken oil fields

May 31, 2017 jasonspiess 0

Interviews: Lynn Helms, director, Department of Mineral Resources, Bismarck, ND Helms discusses the emerging technology industry in the Upper Midwest, being lead by the Bakken oil fields.  From sensors, pipelines and UAS technology are several topics on hand.

Helms updates the Bakken for 2017

May 3, 2017 jasonspiess 0

Interview: Lynn Helms, director, North Dakota Department of Mineral Resources Helms gives an update on the Bakken’s production and what 2017 will look like. Helms also discusses energy jobs, economic impact and the importance of hovering around 1-million-barrel-a-day in the Bakken.

Berman say the Bakken’s best days have past

April 30, 2017 jasonspiess 0

“It’s the beginning of the end for the Bakken Shale play,” petroleum geologist Art Berman wrote last month regarding the Bakken shale and its future. This introductory paragraph caught the attention of many, including myself.  After I read his piece, I reached out to Berman to investigate his claims further. […]

Major infrastructure still coming to the Bakken oil fields

January 22, 2017 jasonspiess 0

Interview: Lynn Helms, director, North Dakota Department of Mineral Resources Gives an overview of the major infrastructure projects still coming to the Bakken oil field.  He also talks about the importance of the Williston Basin International Airport and its ripple in other industries and their community.

Heitkamp opines about new EPA director

January 17, 2017 jasonspiess 0

Interview: Lynn Helms, director, North Dakota Department of Mineral Resources Explains how the Bakken will continue to develop in western North Dakota and what oil prices will have to do in order for the drilling to grow into other parts of the Bakken. Interview: U.S. Senator Heidi Heitkamp Talks about […]

U.S. Senator Hoeven talks about new Energy Secretary Perry

January 9, 2017 jasonspiess 0

Interview: Lynn Helms, director, North Dakota Department of Mineral Resources Gives an update on Natural Gas and how it will be the next big monetary bridge for many energy companies.  He also explains how natural gas will be used in wind energy and fueling major Bakken projects like the Davis […]

Helms give his 2017 Bakken outlook

January 4, 2017 jasonspiess 0

Interview: Lynn Helms, director, North Dakota Department of Mineral Resources Gives an update on the Bakken’s 2016 production and how 2017 looks.  He also discusses projected oil prices for 2017 and rig counts.

Update on crude by rail and Energy East pipeline

July 31, 2016 jasonspiess 0

Interview: Lynn Helms, director, ND Department of Mineral Resources Gives an update on the Energy East Pipeline near Trenton and crude by rail. Interview: U.S. Senator John Hoeven and U.S. Senator Heidi Heitkamp Talks about how to incentivize the development and use of carbon capture, utilization and storage technologies which […]

Pulled pork, BBQ chicken and fracking

July 24, 2016 jasonspiess 0

Interview: Lynn Helms, director, ND Department of Mineral Resources Talks about the new world of fracking and how energy companies have been saving money while getting more production from the wells. Interview: Jesse Johnson, KLJ Explains how to BBQ a whole pig, how to cut it and how to prepare […]

Ness explains why the NDPC is focused on being a political agency

June 26, 2016 jasonspiess 0

Interviews: Ron Ness, president, North Dakota Petroleum Council Talks about how the North Dakota Petroleum Council is used as a political vehicle for the oil and gas industry in North Dakota. Interview: Lynn Helms, director, ND Department of Mineral Resources Clarifies how the North Dakota Department of Mineral Resources is […]