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NDPC study finds Bakken crude similar to other light sweet crudes, no greater rail transport risk

Green Car Congress

Bakken crude is similar to other North American light, sweet crudes and does not pose a greater risk to transport by rail than other transportation fuels, according to a study recently completed by Turner, Mason & Company for the North Dakota Petroleum Council (NDPC). —Kari Cutting, vice president of the NDPC.

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Norways Statoil to acquire Brigham Exploration for US$4.4B cash; entry into the US Bakken and Three Forks tight oil plays

Green Car Congress

Brigham, based in Austin, Texas, has a strong position in the Bakken and Three Forks tight oil plays in the Williston Basin in North Dakota and Montana. The oil produced from the Bakken and Three Forks formations is a light crude quality. The total equity value is approximately US$4.4 Tudor, Pickering, Holt & Co.

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