Helms, Ness talk about the new normal in the Bakken

June 21, 2016 jasonspiess 0

Interviews: Ron Ness, president, North Dakota Petroleum Council Talks about the new normal and how it is a good sign that oil companies are still interested and active in the Bakken on some level rather than putting their resources in other shale plays. Interview: Lynn Helms, director, ND Department of […]

Purity still growing in the Bakken

June 14, 2016 jasonspiess 0

Interview: Ron Ness, president, North Dakota Petroleum Council Gives an overview of the difficulties service providers are seeing with the downturn in the Bakken. Interview: Lynn Helms, director, ND Department of Mineral Resources Explains the efficiency with oil companies in the Bakken due to lower oil prices. Interview: Rick Rodgers, […]

Liquid natural gas seen as a market indicator

June 6, 2016 jasonspiess 0

Interviews: Ron Ness, president, North Dakota Petroleum Council Talks about the value added market in the Bakken.  He believes it will be the next economy in the Bakken. Interview: Lynn Helms, director, ND Department of Mineral Resources Explains why continued momentum is important in shale plays like the Bakken and […]

Large mineral auction in the Bakken

June 3, 2016 jasonspiess 0

Interviews: Lynn Helms, director, ND Department of Mineral Resources Shares his views and what energy companies are telling him on when the rigs will come back to the Bakken. Interview: Ron Ness, president, North Dakota Petroleum Council Explains why $60 oil tomorrow will not mean drilling until 2017 or 2018. […]

India is the new China in energy

May 28, 2016 jasonspiess 0

Interviews: Lynn Helms, director, ND Department of Mineral Resources Explains why Iran is back in the news and why India is the new China.  He also runs through active rigs and trust land activity. Interview: Shawn Kessel, city administrator, Dickinson, ND Talks about the city’s $100M debt and how the […]

ND Oil Regulator: Cash is King

May 20, 2016 jasonspiess 0

Interviews: Lynn Helms, director, ND Department of Mineral Resources Gives an update on production numbers, flaring and rigs in the Bakken.  His theme for this interview is Cash is King. Interview: Amanda Person Cordes, paleontologist, Beaver Creak Archaeology Describes how industry works with landowners and Native Americans when is comes […]

Williams County rigs down 98%

May 17, 2016 jasonspiess 0

Interview:  Lynn Helms, director, North Dakota Dept of Minerals Explains why rig counts are down 88% from the peak, with Williams County down 98%.  Helms said oil companies are using uncompleted wells and inactive wells as tools to manage their cash flow.

Helms gives four reasons oil prices are down

April 11, 2016 jasonspiess 0

Lynn Helms, director, North Dakota Department of Mineral Resources gives four reasons why oil prices are low right now in the Bakken. Helms admits this speed of the drop was unexpected, but as they digest the reality of the global energy play, the reasons for the drop are becoming more […]

Is the Bakken Running on Empty?

February 14, 2016 jasonspiess 0

Interview: Lynn Helms, director, North Dakota Department of Minerals, Bismarck, ND Helms recites some lyrics from Jackson Brown’s Running on Empty to describe many oil companies’ cash flow situation.

ND official says flaring up in Bakken

February 7, 2016 jasonspiess 0

According to Lynn Helms, director, North Dakota Department of Minerals, Bismarck, ND, there has been an increase in flaring from October to November. Helms said a large reason for this was a unique issue involving the sulfur treating equipment at the Tioga gas plant.  He said this caused a six […]

Helms sees staff reductions in ND

February 7, 2016 jasonspiess 0

Interview: Lynn Helms, director, North Dakota Department of Minerals, Bismarck, ND Helms gives an overview of the North Dakota Department of Mineral Resources staff additions and reductions over the past several years. During the peak of the drilling activity, the North Dakota Department of Mineral Resources was full staff with […]

Oil CEO sees $60 by year end

February 1, 2016 jasonspiess 0

In the recent episode of the MonDak OilField Review, Lynn Helms, director, North Dakota Department of Minerals, spoke of oil supply from the lease perspective. Helms said North Dakota is looking at about one year of leases, which is average for lead time.  Helms said industry tries to keep drilling […]

Community Development Sound Bytes of 2015

January 16, 2016 jasonspiess 0

Through the process of capitalism fueled by energy development, communities are built, upgraded and sustained.  Here is a look back at some of the best sound bytes from 2015 on developing communities in the Bakken oil fields. On Community Development “I cannot thank everyone enough for participating in the 3rd […]

Best Bakken Big Picture Bytes of 2015

January 10, 2016 jasonspiess 0

As 2015 winds down and the Bakken gears up for 2016, many companies and employees are wondering what energy futures will hold.  Many believe the best way to understand and predict the future is to look to the past.  This week’s column looks at the top sound bytes that have […]

When will the rigs come back?

August 26, 2015 jasonspiess 0

There are two interviews over the past four years that stand out when thinking about the big picture in oil and gas trends.  Signs and indicators, if you will, to determine whether Big Oil will stick around or whether they are going to pack up and move to another shale […]

Tank Overflow in McKenzie County

April 21, 2014 jasonspiess 0

An unexpected increase in well pressure caused a tank to overflow and release about 650 barrels of oil and 450 barrels of brine at an oil and gas well about 4 miles southwest of Alexander. Oasis Petroleum North America reported Tuesday that all fluids were contained and recovered at the […]