Serving The Bakken And Beyond
Latest Prices

Latest Prices

Upper Rocky Mountain
Spot Crude Oil Prices

WTI and N. Texas: $47.92
CO North Central: $45.76
Colorado Western: $42.26
ND Light Sweet: $46.01
WB Mixed Sweet: $44.25
N Wyo. / S Mont.: $43.97
Wyoming Sweet: $45.61

Spot prices updated Oct. 20

Daily Cash Market
Spot Natural Gas Prices

Henry Hub: $2.77
Watford City, ND: $2.33
CIG Rocky Mtn: $2.50
Opal, SW Wyoming: $2.46
Malin, Oregon: $2.61
NGPL Midcontinent: $2.55
Chicago Citygate: $2.64
NGPL TX / OK: $2.71

Spot prices updated Oct. 20

U.S. Rig Count

913 as of 10/20/2017
-15 from 10/13/2017
+360 from 10/21/2016
(Courtesy Baker Hughes)
Subscribe To Oil Patch Hotline


Scenic Fine Art Wall Prints
Scenic Photos
To Get Yours, Click Here

North Dakota’s oil production jumped up by over 36,000 BOPD as operators are moving outside the “core areas” including Burke County, where ND Dept. of Mineral Resources director Lynn Helms said he was “surprised that someone took a major risk”.

Helms was referring to recent action by Liberty Resources Management Co. LLC of Denver to drill a three-mile horizontal well in Burke County with an expected recovery of 620,000 barrels of oil...

Trevor Hastings
Longtime MDU Resources executive Trevor J. Hastings has been named CEO of WBI Holdings, Inc., the company’s natural gas pipeline and energy services business. Hastings jointed MDU 21 years ago as a regulatory analyst, and most recently held the position of vice president of business development and operations support at Knife River Corp. “With the help of the strong senior leadership at WEBI Holdings, Trevor will do an excellent job guiding the growth at our pipeline business,” said MDU CEO David L. Goodin.
Contending that Irish Oil & Gas, Inc. of Bismarck, ND refused to pay its share of the drilling costs in more than a dozen North Dakota wells, Crescent Point Energy wants the ND Industrial Commission to arbitrate the dispute...
Campbell County dominated the high bidding at the Wyoming BLM oil and gas lease sale Sept. 21 in Cheyenne, which brought in bonuses totaling $38.7 million for leases on 106,687 acres...
House For Sale
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.
Subscribe to Oil Patch Hotline by clicking here.
Horizon Rig 286
Nationwide drilling rig day rates are ranging between $16,000 and $26,000.
Energy Transfer Donations
Among the seven North Dakota counties that received $140,000 in donations from Dakota Access Pipeline this month was Williams and Mountrail counties. Mountrail County will use the $20,000 donation for an early warning siren system while Williams County use the money for a disaster medical response trailer. “If ever there is any kind of incident, they’re going to be the first ones on the scene, so we want to support their efforts,” said Chuck Frey, vice president of liquids engineering for Energy Transfer Partners. The company also donated to McKenzie, Mercer, Morton, and Emmons counties, all of which are along the route of the $3.8 billion crude pipeline.
Notice to Online Subscribers
Oil Patch Hotline is copyrighted. It is unlawful to forward content, in whole or in part, to others. It has come to our attention that some subscribers are emailing their copies to other offices within their company, or other companies. This practice is strictly prohibited and a violation of copyright laws, unless you have the express written permission of Oil Patch Hotline.