Tag Archives: oil

Expansion projects improve Bakken takeaway capacity

By Lisa Fattori As Bakken oil production reaches one million barrels per day (bpd), sufficient takeaway capacity and access to preferred markets continues to be a priority among shippers. Expanded crude-by-rail services, combined with new pipeline infrastructure, are together working to meet the current demand and will ramp-up to accommodate…

OriginOil to pursue growth through acquisitions of service companies in oil and gas industry

OriginOil Inc. (OTC/QB: OOIL), developer of Electro Water Separation™ (EWS), the high-speed, chemical-free process to clean up large quantities of water announced today that it intends to pursue growth through acquisition of one or more service companies with proven ability to treat frac flowback and produced water in the oil and…

Busting media myths on fracking

By Michael Sandoval Sensationalism. There is, perhaps, no more apt a way to describe the media’s treatment of the fracking industry. From headlines of articles to the manner in which the media portrays the evidence contained in them, the myths of a destructive extraction process are presented to an audience…

Economic expressway to market

History has a way of repeating itself, as the saying goes, and it certainly rings true for Alliance Pipeline. The idea behind Alliance’s original mainline was to help Western Canadian Sedimentary Basin producers move trapped natural gas to market. Fast-forward to today and a similar situation in the North Dakota…

USGS Bakken assessment. Behind the numbers: a closet optimists’ perspective

In April 2013, the United States Geological Service released its most current assessment of the Bakken and Three Forks formations. The long and short of the analysis was that the total amount of recoverable oil in the Bakken and Three Forks formations is roughly double that of earlier projections for…

Bakken answers the naysayers with double and triple recoverable estimates

By Chris Faulkner, President & CEO, Breitling Energy Companies To paraphrase Mark Twain, reports of the Bakken formation’s demise have been greatly exaggerated. Earlier in the year, naysayers were wringing hands and sounding the death knell for the Bakken based on falling rig counts and wrong assumptions. As noted in…