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 […]
During a hearing of the U.S. Senate Agriculture Rural Development Subcommittee, Cris Somerville, President of Dakota Turbines, testified at the hearing about the work of the family-owned and operated company, which manufactures blades, alternator and power electronics for single-phase small wind systems. The company, which is ten years old, has […]
In the world of commercial and industrial properties, Houge is seeing a change in the types of owners in the Bakken. “So I have two types of owners. Oil fields service companies that want to get those properties off their books and I have developers who are property owners who […]
There are some who argue that in the world of economics the world is flat. The wired world has made claims our collective consciousness is becoming flat. There was even a time when some have argued the actual physical world was flat. Today, this writer is suggesting the easiest way […]
There is a new phrase being uttered among the oil and gas producing counties – the new normal. This is certainly a more positive way to look at low oil prices, volatile commerce and a somewhat nomadic worker force. That phrase was used once again during my latest conversation with […]
Interviews: Alan Walter, Ward County Commissioner When looking at the city of Minot from a 5000-foot perspective, it is an interesting city. Much like Dickinson, it offers an urban environment in a very rural based economy. Acting almost as a fulcrum for the eastern agriculture and western oil, Minot has […]
Interview: Todd Thompson, finance commissioner, Tioga, ND For many, Tioga is known as ground zero for the Bakken Three Forks oil play. For others, it’s where Hess’s natural gas processing plant is. Now that the “new ground zero” or “hot zone” has shifted around from Williston to Tioga to Stanley […]
Interview: Kevin Travis, Rotork, Liberty Township, OH 45011 Kevin Travis, Midwest Factory Store, Rotork, shares what his company is doing in the Bakken, other shale plays and coal plants.
Kevin Travis, Rotork, talks about the work they do in energy development.
Todd Morrison is the founder and CEO of Insight Environmental. Insight Environmental is a specialized environmental firm with a focus on Leak Detection and Repair (LDAR) that strongly emphasizes safety, integrity, and zero non-compliance. Insight was founded on our expertise in LDAR, and it remains our core service offering. Insight […]
Interview: Federal Reserve Chair Janet Yellen Talks about commodity prices and how they are going to look in 2016. She also gives an explanation of the dollar compared to commodity prices as the global economy expands.
Interview: US Senator Heidi Heitkamp Heitkamp talks about how the oil and gas industry has lost 250,000 jobs or more in the last two years. She also talks about global competition with commodities and new currencies.
Interview: Shawn Kessel, City Administrator, Dickinson, ND Talks about the laid off oil workers finding new work and opportunity with the manufacturing base in Dickinson.
Interview: Shawn Kessel, City Administrator, Dickinson, ND Talks about the “New Normal” in Dickinson. He also gives an update on the commerce and housing situation in Dickinson.
Interview: Vicky Steiner, executive director, North Dakota Oil and Gas Producing Counties Discusses the road issues in the oil and gas producing counties and the study they are using for funding.
Interview:Vicky Steiner, executive director, North Dakota Oil and Gas Producing Counties Discusses the East/West difference and the need for regional energy and economic education during low oil prices. She cites a recent study indicating the need for economic development in Western North Dakota.
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.
Interview: US Senator John Hoeven Objects to President Obama’s suggestion of a $10-barrel tax on oil. Hoeven also talks about future Unmanned Aerial Systems or drone missions in North Dakota and the Arctic.
In this episode, Dean Bresciani and Jason Spiess discuss the Bakken Oil Field’s impact on the University system and economy. Bresciani goes into detail about the economics and introduction of technology and research as new centers of innovation. Dr. Dean L. Bresciani was named the 14th president of North Dakota […]
According to Deb Nelson, Vision West, Dickinson, ND, the Vision West consortium has grown since the Bakken slowdown and oil price drop. Nelson said one of the big reasons for the growth is Vision West opened their membership doors to associate members. Since then local, county and state agencies have […]
Deb Nelson, Vision West, Dickinson, ND, says the mood is much better now in 2016 than it was last year. Nelson says the downplay allowed them to look at their priorities and they are very much the same. According to Nelson, the oil and gas producing counties still need transportation, […]
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 […]
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 […]
Monday 1/18 Interview: Dr. Loren Scott, president, Loren Scott & Associates, Baton Rouge, LA. Dr. Scott explains how low oil prices end up trickling down from oil companies to the service companies.
Wednesday 1/20 Interview: Robert Bryce, senior fellow, Manhattan Institute, Austin TX. Bryce explains why oil prices and other commodities will remain low for awhile – like copper, crude oil and steel. Bryce also shares his opinion on North Dakota and the how the Bakken plays in the global economy.
For decades former Governor Ed Schafer and U.S. Senator John Hoeven worked to create a business-friendly environment in North Dakota. One of their main goals was to construct a plan to attract energy companies to the Bakken. In the crude oil area, it would appear the mission was accomplished. “We […]
Recently, I sat down with Doug Goehring, who I often argue is the state’s most powerful elected official. During our conversation, at the North Dakota Petroleum Council’s Annual Meeting, Goehring had just dealt with a new increasing and accelerated federal issue – analyzing and implementing executive orders. “You hit the […]
As I drove into Dickinson, taking a moment to soak in the event I was about to experience, I noticed diesel was selling for less than gasoline. At the time, I was more interested in understanding why the Dakota Prairie Refinery was the first greenfield refinery in the United States […]
Thursday 11/26 Interview: Tim Fisher, CEO, Bakken Energy Services Fisher talks about why the Bakken is the testing ground for the globe and compares Texas energy plays.
Tuesday 11/24 Interview: Al Anderson, commissioner, ND Department of Commerce Comments on the 2-year trade schools and how some companies in the oil and gas industry are paying employees to go back to school.
Monday 11/23 Interview: Economist Robert Bryce, senior fellow, Manhattan Institute Bryce gives an update on the natural gas industry and how it is growing within the coal power generation side of the business.
Monday 11/2 Interview: William Ruhle, completions specialist, Halliburton Gives results of their ReFrac ACTIVATE pilot program in the Bakken and their cash flow positive results for oil and gas companies.
Friday 10/30 Interview: William Ruhle, completions specialist, Halliburton Talks about the new technology of refrac and how it is being used in the Bakken.
Thursday 10/29 Interview: US Senator Heidi Heitkamp Explains a resolution, if enacted into law, it would nullify the Clean Power Plan, including any portions of the regulations that have already gone into effect.
Wednesday 10/28 Interview: Ryan Rauschenberger, ND Tax Commissioner Explains how the eastern taxable sales are up balancing out the missing tax revenue in western ND.
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