Falling oil prices squeeze profit margins as North Dakota loses drilling pioneer’s rigs ...

Exxon Mobil Corporation XOM, the largest oil producer in the United States, is reportedly looking to sell some of its assets in North Dakota’s Bakken shale formation. According to a Reuters report, ...

Crude producers and distributors are turning to railroads for shipping oil as output from the Bakken Shale formation in North Dakota rises faster than pipelines can be built. North Dakota crude output ...

BISMARCK, N.D. - The government estimated last week that up to 4.3 billion barrels of oil can be recovered from the Bakken shale formation in North Dakota and Montana, using current technology. The ...

BISMARCK, N.D. -- A single successful oil well tapped below the Bakken shale formation in western North Dakota has spurred speculation that a separate -- and perhaps rich -- oil-producing reservoir ...

North Dakota is now producing 1 million barrels of oil per day, with a large part of the credit due to the rich Bakken shale formation in the western part of the state. The state’s Department of ...

A single successful oil well tapped below the Bakken shale formation in western North Dakota has spurred speculation that a separate - and perhaps rich - oil-producing reservoir may be buried in the ...

BISMARCK, N.D. (AP) — Oil drillers targeting the rich Bakken shale formation in western North Dakota and eastern Montana have produced 1 billion barrels of crude, data from the two states show.