Take Your Trading To The Next Level. Get Started Here!

Bakken gas output long-lived as gas-to-oil ratios strengthen, overall production climbs: Oneok executives

November 17, 2023 Comments Off

Rising natural gas-to-oil ratios will continue to support gas production in the US’ Bakken Shale, Oneok executives said. Oneok’s acquisition of Magellan Midstream gives it a wider footprint outside of the Bakken, but executives said during a Nov. 15 investor presentation that they still see room for growth in their gas gathering and processing business there. “We love the Bakken;…