Hopes for a summer oil boom dashed

Cash, not growth, is king in the Bakken nowadays. That’s the message Lynn Helms, director of the Department of Mineral Resources, received from North Dakota’s 10 top operators during a visit to Houston, earlier this month. “The Bakken has been rebranded -- whether we want it or not -- as mature,” said Helms. “It’s an industry consensus.” That means most […]

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