Wednesday, October 12, 2011

Random Notes

1. North Dakota will hit 535,000 bopd by the end of the year. By next spring, North Dakota will temporarily move to #2 among the states in oil production. Texas will move back into second place by next summer. Alaska remains a question mark.
  • July's daily production: 425K
  • August's daily production: 444K
  • That represents a 4.47 percent increase, August over July (1.0447 x 425 = 444).
  • Sept: 464K bopd
  • Oct: 485K bopd
  • Nov: 506K bopd
  • Dec: 529K bopd
2. Earlier today it was reported that a Newfield well had an IP of 3,731 bbls. It was a short lateral, so pending feedback from experts, this, in my mind, is equivalent to an IP of 7,500 bbls for a long lateral. So, until I hear from experts saying otherwise, I will tell those who care to listen that the record IP in the Bakken is 7,500 for a long lateral. Smile. Now that's a record to shoot for. 

3. If anyone can offer an alternative to temporary permitting for lodging in the Bakken, I would love to hear it. "Just say no" is not an option.

4. The Bakken activity is moving to McKenzie County. The Newfield well with an IP of 7,500 today will seal the deal if it took any more convincing. 

5. Regarding the Truck Reliever Route (the new bypass around Williston): a) folks are looking for a solution to the wrong problem; they are asking the wrong question; folks are putting the emphasis for the new route on the wrong "thing."  The emphasis for any new route needs to be on two things: a) the "right" direction (and north/south is not the correct direction; and, b) intersection engineering. The trick is not the route; the trick is getting onto the route.  Left hand turns, stop signs, and yield signs don't cut it.

6. My photos are free to use. 

7. See my note regarding spam. Posted earlier.

8. The Bakken boom is here to stay.


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