Sunday, April 18, 2010

Week 15, 2010: April 13 - April 19, 2010



1. Louisiana receives first shipment of Bakken oil.
2. Arrow Midstream partners with XTO to lay more pipeline in Heart Butte oil field (inside the reservation). 
3. Olson 10-15 1-H, a pretty good well, passes 100,000 barrels of oil, cumulative. 
4. New record for number of active rigs in North Dakota: 108. 
5. NOG offers 5 million shares in new share offering. 
6. Olympic housing (Canadian Winter Olympics) moving to Williston, ND
7. Global oil demand predicted to hit new record in 2010. 
8. Blasting the Bakken: a new technique to increase oil production. 
9. Waiting time to frack a well approaches six months. 

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