Since 1975 - We Ride For The Brand

New Mexico

Bakken Drilling Interest Waning, Despite Rising Oil Prices

Oil companies have adopted the term “mature” to describe the Bakken in Eastern Montana and Western North Dakota. Even soaring oil prices have not been enough to interest companies in significantly boosting their activity there with the U.S. oil-pricing benchmark Brent Crude trading for $95 a barrel. U.S. oil producers are now more ...