WorldOil U.S. output builds on OPEC cutbacks, gas rides LNG expansion Shale operators are increasing U.S. crude production in response to oil prices that are, so far, trending more favorably this year, due largely to decisions by OPEC and Russia to curb production. North Dakota Bakken oil rises again in shadow of mighty Permian The Bakken shale is roaring back to life, and Kevin Black sees the evidence almost every day as he looks out the window of his blue Ford F-150 pickup truck. Valorem Energy closes on $285-million acquisition of Williston basin assets Valorem Energy, LLC, announced that it has closed on its acquisition of LINN Energy, Inc.’s Williston basin interests for a purchase price of $285 million. EIA: Bakken gas production increasing at a faster rate than oil production In North Dakota’s Bakken region, the ratio of natural gas production relative to crude oil, known as the gas-oil ratio, has been gradually increasing since 2008 and has increased at a faster rate since 2014. Central Park's got nothing on Exxon's super-long shale oil wells ExxonMobil Corp. is drilling shale wells that stretch farther than the length of New York’s Central Park. Linn Energy sells Williston basin properties for $285 million Linn Energy, Inc., has announced that it has signed a definitive agreement to sell its interest in properties located in the Williston basin to an undisclosed buyer for a contract price of $285 million, subject to closing adjustments. Whiting Petroleum to sell assets in North Dakota's Bakken for $500 million Whiting Petroleum Corporation has agreed to sell its Fort Berthold Indian Reservation area assets, located in Dunn and McLean Counties, N.D., to RimRock Oil and Gas Williston, LLC. The cash purchase price is $500 million, subject to customary adjustments. U.S. operators are teed up for a drilling resurgence Drilling activity is noticeably higher, as American drillers climb out from historically low levels. Halcón shifts focus to Permian with $1.4-billion Bakken saleón-shifts-focus-to-permian-with-14-billion-bakken-sale Shale oil producer Halcón Resources Corp. said it would sell most of its North Dakota operations for $1.4 billion cash, part of a plan to shift its focus to Texas' Permian basin, the largest U.S. oilfield. Drill pipe life tripled, drilling operations optimized in Bakken laterals Uniquely non-welded wear bands reduced friction and wear, helping to increase ROP.