Serving The Bakken And Beyond
Orlando Vacation Homes
Latest Prices

Latest Prices

Upper Rocky Mountain
Spot Crude Oil Prices

WTI and N. Texas: $44.43
Colorado Western: $31.44
CO North Central: $39.17
WB Mixed Sweet: $39.07
ND Light Sweet: $38.05
Wyoming Sweet: $39.58
N Wyo. / S Mont.: $37.94

Spot prices updated July 28

Daily Cash Market
Spot Natural Gas Prices

Henry Hub: $2.88
Watford City, ND: $2.44
NGPL South TX: $2.79
Malin, OR: $2.85
PG & E City Gate, CA: $3.26
Northwest WY: $2.72
Opal, SW WY: $2.80
Ventura, IA: $2.86
Spot prices updated July 28

U.S. Rig Count

876 as of 7/24/2015
+19 from 7/17/2015
-1007 from 7/24/2014
(Courtesy Baker Hughes)
BSF Electric Motor


Scenic & Oilfield Wall Prints
Scenic Photos
To Get Yours, Click Here

Two oilfield waste disposal facilities in North Dakota are going out of business, and a third is expanding.

At hearings July 22, The ND Industrial Commission was told that 212 Water Services LLC would not renew its permit for a mobile treating facility, and that Buckhorn Energy Service, which owns the Dishon Disposal plant in Williams County in Sec. 30, T153N-R103W, will dismantle the facility...

Feds Seek $6.9 Million Fine Against WY Operator

The US Dept. of the Interior is seeking $6.9 million in fines from a Sheridan-based operator, which has gone out of business, and the Wyoming Oil and Gas Conservation Commission has taken over ownership of its 2,300 wells in the Powder River Basin.

The civil penalty against High Plains Gas is one of the highest penalties ever assessed by the agency. Interior’s Office of Natural Resources Revenue had also sought another $4.2 million in penalties for not reporting gas production.

The state commission is making plans to plug the coal bed methane gas wells, which will be among the 700 that will be plugged this year.

North Dakota oil producers are getting more out of the ground because of accelerated new fracing techniques in core areas in McKenzie County. As a result—despite 100 fewer active drilling rigs—production has jumped 32,000 barrels in one month to over 1.2 million BOPD in May...
Ironhorse Resources LLC of Denver was high bidder at the Wyoming state oil and gas lease auction July 8, accounting for over half of the total $2.2 million in bonuses paid...
House For Sale
Industry oil and gas leaders voiced strong opposition to efforts by an environmental group, which advocated rulemaking to increase quarter mile (1,320 feet) setbacks between drilling rigs and occupied dwellings...
Hess Corp. cut a major deal, selling a 50% interest in its midstream assets in North Dakota—including its Tioga gas processing plant and crude rail loading terminal—for $2.675 billion, to Global Infrastructure Partners...
Mountrail and McKenzie counties will continue to be the prime targets for producers, even with lower crude oil prices, a major research firm concludes...
Efforts by the federal government to impose hydraulic fracturing regulations were temporarily stopped by US District Court Judge Scott Skavdahl in Wyoming just before the Bureau of Land Management was set to implement them June 24...
American Midstream Bakken LLC announced a binding open season to June 22 to solicit shipper support for a proposed 50-mile crude oil pipeline gathering system in McKenzie County, ND...
T-Rex Oil, Inc. of Broomfield, CO said it plans to buy 16,100 net mineral acres in Montana’s Daniels County for $7 million...
With the opening of a new southbound crude oil pipeline, more North Dakota producers in March opted for pipeline sales after the latest state production figures showed an increase to 1,190,583 BOPD...
The $425 million Dakota Prairie refinery in Dickinson, ND has started processing diesel fuel, and will ramp up during May to reach its full capacity of 20,000 BOPD...
On the heels of recent crude oil unit train derailments, the nation’s leading refinery organization said the federal government must do more to address problems with tracks and rail personnel...
Wall Street reacted favorably to a fourth quarter earnings report from Continental Resources, which had a net income of $114 million on earnings of $1.19 billion...
Despite low natural gas prices, Oasis Petroleum of Houston plans on building a $200 million natural gas plant in its Wild Basin Field in McKenzie County, ND...
Because of low market natural gas and NGL prices, ONEOK Partners has stopped work on processing plants in Wyoming and North Dakota...
News You Will Read Here First
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.
More oil and gas organizations joined in the chorus of elected officials urging the Obama Administration and Congress to lift the ban on exporting crude oil...
NDPC Cookfest
Petro Hunt employees serve up food at the ND Petroleum Council Cookfest in South Heart, ND, where over 1500 people turned out this month for free barbecue, entertainment, and educational sessions. For more information about the event, see the July 23 issue of Oil Patch Hotline.
Clearbrook, MN is fast becoming the destination of choice for Williston Basin crude oil producers as the differential paid narrowed to just 35 cents to 75 cents less than the benchmark West Texas Intermediate price...
Fossil Hill Resources LLC of Sidney, MT posted the highest bid of $210 an acre for leases in Roosevelt County, offered at the Montana DNRC sale conducted June 2...
Enable Midstream Partners LP said it has completed the first phase of its crude oil and water pipeline gathering system for XTO Energy wells in Mountrail and Williams counties in North Dakota...
The American Petroleum Institute is challenging the timeline imposed by the federal government in new rules requiring improvements on crude rail tank cars and brakes...
Hess Corp. announced that it will keep eight drilling rigs working in North Dakota, after reporting oil production had increased by 6,000 barrels to 102,000 BOEPD...
A last minute effort to eliminate North Dakota’s confusing trigger mechanism on oil taxes by reducing the state’s taxes to a flat 9.5% has the backing of the ND Petroleum Council...
Continental Resources paid $2,272,820— about $14,200 an acre—for a 160-acre lease in North Dakota, during a March 10 online auction from the ND Dept. of Minerals and Trust Lands...
EOG Resources is scaling down its North Dakota drilling in 2015, and does not plan any “significant development” in Colorado’s DJ Basin or the Powder River Basin in Wyoming until crude oil prices improve...
Click on the video clip above to learn how operators are increasing production.

The ND Dept. of Mineral Resources is negotiating a settlement with Zavanna LLC of Denver, after the agency filed a complaint seeking $150,000 in fines stemming from fluid spills at two McKenzie County wells.

The DMR said fluids spilled on and near the Pvt. Frazier 1-34H well in Sec. 34, T152N-R104W and the York 12H well in Sec. 3, T151N-R104W in March.

The company denied the allegations.

Notice to Online Subscribers
Oil Patch Hotline is copyrighted. It is unlawful to forward content, in whole or in part, to others. It has come to our attention that some subscribers are emailing their copies to other offices within their company, or other companies. This practice is strictly prohibited and a violation of copyright laws, unless you have the express written permission of Oil Patch Hotline.