Lawmaker calling for no state income tax


(The Bismarck Tribune)

With the state treasury flush with billions of dollars in oil money, at least one state lawmaker thinks North Dakotans could better spend the roughly $500 million collected annually from the levy.
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North Dakota conditioning rules draw ire of Bakken operators


(Platts)

North Dakota oil and gas operators claim that pending state rules to condition Bakken crude oil before it is shipped by rail could cost them tens of millions of dollars, imperil pipeline and gas gathering infrastructure and create a jurisdictional clash with federal regulators.
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US Senate rejects Keystone XL oil pipeline


(PennEnergy)

The Democratic-controlled Senate rejected legislation Tuesday aimed at forcing completion of a Canada-to Texas oil pipeline, a massive project at the center of a fierce environmental dispute.
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Halliburton, Baker Hughes merge


(The Bakken Magazine)

Halliburton Co. and Baker Hughes Inc. announced that Halliburton will acquire all the outstanding shares of Baker Hughes in a stock and cash transaction—an agreement valued at $34.6 billion. Upon the completion of the transaction, Baker Hughes stockholders will own approximately 36 percent of the combined company.
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Oil well additions decrease due to flaring reduction


(Bakken.com)

In the state’s monthly oil production report, North Dakota Department of Mineral Resources Director Lynn Helms stated that while production numbers rose in September, the number of well completions decreased from 272 in August to 176. The cause of this slow in additional wells is largely attributed to the mandate on flaring reduction passed in North Dakota earlier this summer.
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ND mulls rules to make crude oil transportation safer


(PennEnergy)

North Dakota's top energy industry regulator unveiled new rules Thursday that would require companies to reduce the volatility of crude before it's shipped by rail.
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