Saturday, September 8, 2012

Week 36: September 2, 2012 -- September 8, 2012

Wow, we're into week 36 already. Christmas is almost here. I see many stores are putting up Christmas displays next to the Halloween plastic pumpkins.

Bakken Operations
Frac sand for sale
Heckmann to buy Power Fuels
Flaring: why it won't stop in the Bakken
Photos of the Epping CBR facility
BEXP with three more nice wells
Oasis, Whiting with nice wells
Just how big IS the Bakken? BNSF now has capacity for 1 million bopd (on top of all that pipeline)
Update of ONEOK's Bakken natural gas pipeline from Sidney to Colorado; whining in Wyoming

Economic Development in the Bakken
The Williston Wire update

Stranger Than Fiction
Delta to supply refinery with Bakken oil 
The feasibility of an airport at Killdeer, North Dakota

Barclays Presentations and Other Investing Stories
ONEOK
SandRidge (same link as ONEOK's)
TPLM
KOG (same link as TPLM)
Whiting
ONEOK
EOG, Part I
EOG, Part II
Halcon
NOG: #7 on Fortune's 100 Fastest Growing Companies; Whiting #70

International
Mexico is facing shortage of natural gas
Unprecedented number of oil tankers from North Sea to South Korea
Egypt's largest company to build fertilizer plant in Iowa; take advantage of "cheap" natural gas

Human Interest
Mobile showers in the Bakken

Records
Lower 48 production: 23-year high; employment in oil and gas: 24-year high
Germany sets new solar record; after billions in subsidies and decades of development, solar now accounts for 4% of Germany's total electricity; Germany's utility rates among highest in the world; go solar!
Chevy Volt sales will set record in August; assembly line shuts down temporarily

2 comments:

  1. I noticed BEXP has had some really good wells come in. But
    I also noticed that they have a lot coming off confidential list that say drl.
    Are they behind on fracking or what?

    ReplyDelete
    Replies
    1. I've noticed the same thing.

      Before STO bought the company, BEXP was always reporting IPs on time (and often early) abut since being bought by STO, they usually report DRL when coming off confidential list.

      But they are not on DRL status long; they report IPs pretty quickly.

      I haven't checked this out -- it's on my "to do" list, but it turns out that there is some fracking backlog because of multi-well pad drilling. They can't frack a well until all the wells on the pad have reached total depth. So, some of this is artificial.

      If you are a mineral owner, it can be exasperating.

      For me, it looks like it will be the norm with pad drilling and doesn't bother me. The IPs will be reported a bit later, that's all.

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