Saturday, January 26, 2013

Week 4: January 20, 2013 -- January 26, 2013

Bakken Operations
Top ND oil producers going back to 1951
NDIC approves permit for Killdeer Mountains; near historical site
Banks oil field: 14 wells sited in one section; production exceeding 100K bbls/well in first year (these are the 14  wells on one 1280-acre unit; and 14 wells on one 2560-acre unit (CLR)
ND rigs back up to 190

WTI/Bakken near parity

Pipeline / Rail
North Dakota takeaway to hit 1.5 million bopd this year

Hess commits to $2.2 billion in the Bakken for 2013
CLR: Bakken-proved reserves almost double; exceeds a half-billion boe 
WPX with a gusher
EOG: innovator in the Bakken

Delta bets on Bakken to boost refinery results

Economic development
Five-lane highway, Watford City to Williston (think Odessa/Midland)

Keystone XL: new route approved by governor; State Dept: yawn; tea leaves: DOA
Wyoming considering a 4,250 natural gas well project on 265,000 acres

1 comment:

  1. Look at what is happening in the Lower Yellowstone Valley between Fairview and the Missouri River bridge. New fracking facility
    along RR tracks etc.