Serving The Bakken And Beyond
Latest Prices

Latest Prices

Upper Rocky Mountain
Spot Crude Oil Prices

WTI and N. Texas: $40.69
CO North Central: $38.44
Colorado Western: $32.59
ND Light Sweet: $36.48
WB Mixed Sweet: $35.36
N Wyo. / S Mont.: $35.37
Wyoming Sweet: $37.01

Spot prices updated June 27

Daily Cash Market
Spot Natural Gas Prices

Henry Hub: $2.98
Watford City, ND: $2.54
CIG Rocky Mtn: $2.56
Opal, SW Wyoming: $2.62
Malin, Oregon: $2.76
NGPL Midcontinent: $2.70
Chicago Citygate: $2.83
NGPL TX / OK: $2.73

Spot prices updated June 27

U.S. Rig Count

941 as of 6/23/2017
+8 from 6/16/2017
+520 from 6/24/2016
(Courtesy Baker Hughes)
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The Bureau of Land Management’s oil and gas lease sale in Montana netted more than $720,843 in bonuses and rents, as Big Horn, Rosebud, and Garfield counties drew most of the high bids. The BLM said 49 parcels totaling 15,611 acres were auctioned off at the June 13 sale.

The highest bid came from Caribou Land & Livestock Montana LLC of Boulder, CO, which paid $116 an acre for 320 acres in Big Horn County in Sec. 22, T8S-R42E...

Crude oil price differentials will “tighten up” as Bakken crude oil starts moving through the Dakota Access Pipeline, the top executive for Tesoro Petroleum said...
Bakken crude oil production for Hess Corp. for the first quarter was up 7,000 BOPD more than the company had anticipated...
House For Sale
While not mentioning Lake Sakakawea by name, a new brief sent to the ND Supreme Court from the North Dakota Attorney General this month continues to assert state mineral ownership under the lake...
EOG Resources cited successful production from new wells in Wyoming’s Powder River Basin, and the company plans on completing 30 wells on its holdings, which have increased to 400,000 acres...
With the federal government and the state of North Dakota fighting over ownership of the minerals under Lake Sakakawea—and with millions of dollars in royalties at stake—Continental Resources wants a federal judge to resolve the dispute...
News You Will Read Here First
Many copy our stories, but you will read them first in Oil Patch Hotline. We cover news to keep you informed on what is going on in the Williston Basin and the upper Rocky Mountain region. We supply rig locations and the latest drilling permits issued by state commissions in North Dakota, South Dakota, Montana, Wyoming, and Colorado.
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A chorus of industry groups condemned the US Senate for voting down consideration of a law that would have rolled back the controversial methane venting and flaring rule imposed by the Bureau of Land Management...
Two landowners in McKenzie County, ND voiced strong objections to renewing approval for an oilfield waste disposal facility after citing contamination on the site...
A federal grand jury in Minneapolis indicted the former president of Dakota Plains Holdings, which operated the crude oil rail loading terminal at New Town, ND, and two other men not connected with the company on charges of wire fraud...
True Oil LLC estimates it can recover between 300,000 and 400,000 barrels of crude oil from injecting ethane and other gases into a McKenzie County, ND well located in the Red Wing Creek Unit...
EOG Resources joined other oil companies and royalty owners in challenging the inclusion of Lake Sakakawea as part of the state of North Dakota’s mineral ownership...
A state legislator wants the ND Industrial Commission, which oversees the oil and gas industry in the state, to get tougher on royalty statements issued by Hess Corp. that don’t explain deductions...
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