The United States’ crude production from the country’s biggest shale formation is bound to reach 84,000 barrels per day (bpd) next month to a record
Tag: North Dakota
Exxon Capitalizes on US Tax Overhaul by Investing $50 Billion
Exxon Mobil announced on Monday (5 February) that it was planning to spend $50 billion in its business in the United States within the next
Incitec Expects Bigger Profits from its New U.S. Plant Due to Recent Fertilizer M&A
Incitec Pivot, the Australian multinational corporation that manufactures fertilizer, explosives and chemicals, estimates that its brand new $850 million U.S. ammonia plant outside New Orleans
U.S. Crude Production Set to Fall Next Year
U.S. oil output is expected to fall by almost 1 million barrels next year down from this year’s heights. American crude production hit its peak
U.S. Oil Production Predicted to Fall by End of 2015
U.S. oil production is expected to start slowing down by the end of this year if the global prices remain weak since new drilling is
North Dakota’s Well Count Soars
The number of wells drilled in North Dakota has risen to reach 15,000 for the first time, underlining the rapid development of the Bakken shale
NGO Points Out Commercial “Gas Flaring”
A non-profit organization active in sustainable land development, the Western Values Project (WVP), has lately released a report pointing out the problem of gas flaring