Oil Search said Jan. 24 that it has exercised its option with Armstrong Energy to acquire a 50 percent interest in, and operatorship of, the 195,200-acre block of leases on the eastern North Slope held by Lagniappe Alaska LLC, a 100 percent-owned Armstrong company.

The number of drilled but uncompleted wells (DUCs) in the U.S. shale patch has skyrocketed by roughly 60 percent over the past two years. That leaves a rather large backlog that could add a wave of new supply, even if the pace of drilling begins to slow.

Oil prices regained more ground on Wednesday, pushed higher after equity markets rebounded from an initial selloff at the start of 2019 trading.

BIG HORN COUNTY, MONTANA - Clearmont, Wyo.–based Alta Vista Oil (Alta Vista), who appears to be representing Apache Oil, has a new field discovery at a remote site located in the northwestern portion of the Powder River Basin in Montana. Spotting some 2 miles north of the Wyoming border and …

AUGUSTA – As the Sun  began to set south of Augusta last week, a group began to gather in a stubble field on the Milford Colony, just north of Bowman’s Corner.

CHEYENNE, WY - In keeping with the Administration’s goal of strengthening America’s energy independence, the Bureau of Land Management will offer 45 parcels totaling 72,843.75 acres in the High Desert District at its December quarterly oil and gas lease sale. The BLM will hold the lease sale…

As part of President Trump’s goal to reduce the burden of Federal regulations that hinder economic growth and energy development, the Bureau of Land Management (BLM) today announced in the Federal Register a proposal to rescind the 2015 final rule on hydraulic fracturing—a rule that was neve…

The rise of electric vehicles and the quest to find solutions to energy storage for the renewables industry have created a breeding ground for tech experts to develop battery technologies.

BOZEMAN, MT -- Even as Montana State University scientists gear up for another epic expedition in Antarctica, they continue to publish new findings from their last one. In their latest paper, they reveal the discovery of a large supply of methane and the surprising way that nature keeps it f…

First approved in Montana in 2012, the Keystone XL pipeline continues to face obstacles greater than those attributed to the regulatory framework intended to safeguard the environment.

Like many industries today, the oil industry is trying to sell its many job opportunities to the fastest growing portion of the global workforce: Millennials. But unlike any other industry, oil and gas is facing more challenges in persuading the environmentally-conscious Millennials that oil…

BISMARCK, N.D. – Facebook Founder and CEO Mark Zuckerberg visited the Bakken yesterday and had the opportunity to tour an oil rig near Williston, N.D. During the two hour tour, Zuckerberg visited with oil and gas employees and learned about the industry’s advancements in technology, safety a…

Recently, petroleum geologists from around the Rocky Mountain region attended the annual meeting of the American Association of Petroleum Geologists (AAPG) Rocky Mountain Section, which was held in Billings this year. Over 450 AAPG members attended, “much more than expected,” said Great Fall…

The U.S. shale industry might have just received a huge windfall with the nine-month extension of the OPEC cuts. Shale output was already expected to come roaring back this year, but the extension of the cuts provides even more room in the market for shale drillers to step into.

Several western Republicans welcomed the news that the United States would withdraw from the Paris Climate agreement after an announcement made by President Donald Trump in the Rose Garden last week.

Denver based Thomasson Petroleum E&P LLC has reported the completion of the Rice Ridge 25-11-26-5, a Madison Formation well that was spud on June 4, 2016. According to the filing with the Montana Board of Oil and Gas Conservation, the well was completed by June 20. The well is reported a…

WASHINGTON -- The U. S. Environmental Protection Agency (EPA) is withdrawing its request that owners and operators in the oil and natural gas industry provide information on equipment and emissions at existing oil and gas operations. The withdrawal is effective immediately, meaning owners an…

About 30 people ventured out into the cold night air last week to attend a meeting held by the U.S. Forest Service regarding a proposed action to revise the forest plan for the Helena-Lewis and Clark National Forest (HLCNF).