Bakken producers desperate to shut in wells until crude oil price recovers

Bakken Producers Desperate to Shut-in Wells Until Crude Oil Price Recovers


Bakken production is expected to fall through 2020, however, it will remain above 1million barrels of oil equivalent per day (mmboed) at the end of this year, according to GlobalData a leading data and analytics company. Rig count has declined steeply since early 2020 and was further aggravated by the…

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3 Ways Technology is Going to Shape the Oil and Gas Industry Free to Download Today

Oil and gas operations are commonly found in remote locations far from company headquarters. Now, it's possible to monitor pump operations, collate and analyze seismic data, and track employees around the world from almost anywhere. Whether employees are in the office or in the field, the internet and related applications enable a greater multidirectional flow of information – and control – than ever before.

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