November 13, 2014 

 
In This Issue
BNSF finishes $400 million in upgrades in N.D...
North Dakota state parks booming along with oil patch...
Power providers Expected to Expand...
Low oil prices send chills through N.D. patch...
Whiting profit beats Street as North Dakota output jumps...
Bakken production surge boosts Hess quarterly profit...
BOE reaches 1,000 train mark...
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BNSF finishes $400 million in upgrades in N.D. 
   
The last of 55 miles of new double railroad track was placed into service in northwestern North Dakota this week by BNSF Railway, as the company works to ease the backlog of rail shipments that have plagued the state and region.

North Dakota state parks booming along with oil patch

State officials say the booming Bakken oil region of western North Dakota's isn't just driving folks to the state, but also its parks.

Power Providers Expected to Expand

The demand for electricity seems to increase each year.

Low oil prices send chills through oil N.D. patch

Marcus Jundt moved to Williston from Minnesota almost four years ago and has opened four restaurants there since. Food isn't propelling his business, though. It's oil.

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Whiting profit beats Street as North Dakota output jumps 

 

Oil and gas producer Whiting Petroleum Corp posted a higher-than-expected quarterly profit on Wednesday as production rose 33 percent at its North Dakota wells.

 

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Bakken production surge boosts Hess quarterly profit

Oil and gas producer Hess Corp posted a better-than-expected quarterly profit on Wednesday as production jumped and costs fell in North Dakota's booming Bakken Shale formation. 

BOE reaches 1,000 train mark

Bakken Oil Express, the rail terminal just southwest of Dickinson, recently shipped its 1,000th train unit mark, the company announced Monday.

That means roughly 70 million barrels of crude oil have moved from the terminal in its 3 years of operations.

 

The facility is capable of loading up to three unit trains a day, and can store 642,000 barrels of oil. A new storage tank set to be online in mid-2015 will increase its storage capacity to 892,000 barrels.

 

Source:  The Dickinson Press