US energy giant ExxonMobil is considering divesting a portion of its assets in the Bakken shale formation in North Dakota, ...
By then, the hydraulic fracturing technique had advanced enough to be used profitably in the dense Bakken and Three Forks shale formations. As of February, the industry has extracted more than 5 ...
Houston-based Kinder Morgan Inc. (NYSE: KMI), one of the largest publicly traded companies in Houston, is making a $640 million natural gas acquisition in the Bakken formation of the Williston Basin.
Hessling added that domestic crude from the Bakken shale formation in North Dakota and the Rocky Mountains could be among their options. Ohio-based Marathon operates 13 refineries in the U.S., six ...
Its total production rose over 18% to 495,000 barrels of oil equivalent per day (boepd) in the quarter, boosted by a 7% increase in volumes in the Bakken shale in the U.S and a 52% jump in output ...